BTC/JPY - weekly Analytics + Altcoins 12.11.2019
Bitcoin is continuing its corrective movement to the impulse from 24.10.2019. In our opinion the local corrective movement is
in its final phase and it is highly likely to end with a false breakout, which will develop a growing trend with renewed force.
Altcoins:
(Considered coins are LTC,ETH,EOS,XRP,ETC,NEO,XMR,OMG,DASH,SAN,IOT)
Trading idea regarding to the coins ETH, EOS and LTC that was reflected in the last review is still looking attractive.On each of these coins
the correction is formed as narrowing of volatility, which can give a strong confirmation for the main growth phase.
in its final phase and it is highly likely to end with a false breakout, which will develop a growing trend with renewed force.
Altcoins:
(Considered coins are LTC,ETH,EOS,XRP,ETC,NEO,XMR,OMG,DASH,SAN,IOT)
Trading idea regarding to the coins ETH, EOS and LTC that was reflected in the last review is still looking attractive.On each of these coins
the correction is formed as narrowing of volatility, which can give a strong confirmation for the main growth phase.