BTC/JPY - weekly Analytics + Altcoins 26.10.2020The fate of further movements in the Bitcoin depends on the formation of technical models at current price levels.
In case of consolidation and price walking up and down, the growing trend will continue.
In case of the formation of downward impulse movement there will be a possibility of significant drawdown of quotations, this is facilitated by the technical picture.
Investor sentiment is also at optimistic levels, it indicates near correction.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN, IOT)
As there is no certainty about further movements in the bitcoin, there are no potential entry points in the altcoins.
BTCJPY trade ideas
BTC/JPY - weekly Analytics + Altcoins 19.10.2020The movements forming at current levels in the Bitcoin will be crucial for understanding the further price movement. An impulse price decline below the level of *1180600* will increase the probability of short trend movement. Price exit to the top from the current consolidation will give push to further growth of quotations. Investors’ sentiment is at neutral levels.
Altcoins: (considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN, IOT)
As there is no certainty in the bitcoin price formation, it is better to take a waiting position on the concept of further movement in altcoins.
BTC/JPY - weekly Analytics + Altcoins 19.10.2020The movements forming at current levels in the Bitcoin will be crucial for understanding the further price movement. An impulse price decline below the level of *1180600* will increase the probability of short trend movement. Price exit to the top from the current consolidation will give push to further growth of quotations. Investors’ sentiment is at neutral levels.
Altcoins: (considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN, IOT)
As there is no certainty in the bitcoin price formation, it is better to take a waiting position on the concept of further movement in altcoins.
BTC/JPY - weekly Analytics + Altcoins 12.10.2020The triangle in the bitcoin has ended with an exit to the top, and the key support level now is 1167500. Investors’ sentiment is at neutral levels, that indicates the continuation of a global correction rather than the origin of a stable trend. It is necessary to track forming patterns in the current price range to understand whether short formations will be formed or whether the long trend will continue.
Altcoins: (considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN, IOT)
The determining factor for movements in altcoins will be the formation of a local reversal top in the bitcoin or the formation of consolidation, which will continue the growth of quotations. There is a high probability that these formations will appear during the current trading week.
BTC/JPY - weekly Analytics + Altcoins 12.10.2020The triangle in the bitcoin has ended with an exit to the top, and the key support level now is 1167500. Investors’ sentiment is at neutral levels, that indicates the continuation of a global correction rather than the origin of a stable trend. It is necessary to track forming patterns in the current price range to understand whether short formations will be formed or whether the long trend will continue.
Altcoins: (considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN, IOT)
The determining factor for movements in altcoins will be the formation of a local reversal top in the bitcoin or the formation of consolidation, which will continue the growth of quotations. There is a high probability that these formations will appear during the current trading week.
BTC/JPY - weekly Analytics + Altcoins 05.10.2020A local consolidation is formed in the BTC with the same chances for up and down way out.
the key price levels are 1167000 in case of growth and 1046000 in case of decrease.
When the price reaches one of these levels, there will be high probability of false breakdown forming and continuing of global correction movement.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN , IOT )
It is necessary a full-fledged correctional movement to be formed in the Bitcoin ,
after its formation potential points for entering in the altcoins will start appearing.
BTC/JPY - weekly Analytics + Altcoins 05.10.2020A local consolidation is formed in the BTC with the same chances for up and down way out.
the key price levels are 1167000 in case of growth and 1046000 in case of decrease.
When the price reaches one of these levels, there will be high probability of false breakdown forming and continuing of global correction movement.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN , IOT )
It is necessary a full-fledged correctional movement to be formed in the Bitcoin ,
after its formation potential points for entering in the altcoins will start appearing.
BTC/JPY - weekly Analytics + Altcoins 28.09.2020Bitcoin is still in consolidation to the impulse which was formed 13.03.2020 - 17.08.2020. The local decrease and rollback of quotationd confirm these suggestions. Investors' sentiment is at neutral levels, that also points to the formation stage of Russian economy.
The waiting position is optimal for this stage of market movements formation.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN, IOT)
It will be possible to set more specific goal for potential movements in altcoins after the formation approximately 60-70% of the corrective movement in BTC
BTC/JPY - weekly Analytics + Altcoins 28.09.2020Bitcoin is still in consolidation to the impulse which was formed 13.03.2020 - 17.08.2020. The local decrease and rollback of quotationd confirm these suggestions. Investors' sentiment is at neutral levels, that also points to the formation stage of Russian economy.
The waiting position is optimal for this stage of market movements formation.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN, IOT)
It will be possible to set more specific goal for potential movements in altcoins after the formation approximately 60-70% of the corrective movement in BTC
BTC/JPY - weekly Analytics + Altcoins 21.09.2020After the formation of the last movements there is a high probability of Bitcoin leaving into a global correction.
The impulse that had begun on March 16th, ended on August 17th, 2020. The local consolidation of the Bitcoin price is possible with a decrease to the triangle from May, 2020. The global trend is still growing, according to our expectations correction may occur within 1-2 months.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN, IOT)
At this stage in altcoins it is necessary to keep a waiting position because there is a probability of strong downward movements.
BTC/JPY - weekly Analytics + Altcoins 21.09.2020After the formation of the last movements there is a high probability of Bitcoin leaving into a global correction.
The impulse that had begun on March 16th, ended on August 17th, 2020. The local consolidation of the Bitcoin price is possible with a decrease to the triangle from May, 2020. The global trend is still growing, according to our expectations correction may occur within 1-2 months.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN, IOT)
At this stage in altcoins it is necessary to keep a waiting position because there is a probability of strong downward movements.
BTC/JPY - weekly Analytics + Altcoins 14.09.2020The main level of formation of false breakdown is 1105000. The price leaving above 1110000 and fixing of quotations will give foundations to suppose that the growth will continue. Investors' sentiment is at moderately pessimistic levels, that also gives reason to expect the growing trend to be continued.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN , IOT )
In the ETH/BTC and ETH/USD pairs entering points for creating long positions are formed. We also emphasize ZRX and COMP coins as potentially promising for long positions.
BTC/JPY - weekly Analytics + Altcoins 14.09.2020The main level of formation of false breakdown is 1105000. The price leaving above 1110000 and fixing of quotations will give foundations to suppose that the growth will continue. Investors' sentiment is at moderately pessimistic levels, that also gives reason to expect the growing trend to be continued.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN, IOT)
In the ETH/BTC and ETH/USD pairs entering points for creating long positions are formed. We also emphasize ZRX and COMP coins as potentially promising for long positions.
BTC/JPY - weekly Analytics + Altcoins 07.09.2020After mood adjusting from overoptimistic to pessimistic levels the Bitcoin quotations are significantly correcting, overlapping more than half of the local impulse originated from 20.08.2020.
Despite the impulse character of the correction, the trend remains being growing. If an impulse is formed from the current levels, it will confirm a long trend.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN , IOT )
We will also highlight prospective ETH and ZRX coins. It is possible to use the correction strait to form long positions at attractive prices. Prospects of other altcoins should be considered in their movement development.
BTC/JPY - weekly Analytics + Altcoins 07.09.2020After mood adjusting from overoptimistic to pessimistic levels the Bitcoin quotations are significantly correcting, overlapping more than half of the local impulse originated from 20.08.2020.
Despite the impulse character of the correction, the trend remains being growing. If an impulse is formed from the current levels, it will confirm a long trend.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN , IOT )
We will also highlight prospective ETH and ZRX coins. It is possible to use the correction strait to form long positions at attractive prices. Prospects of other altcoins should be considered in their movement development.
BTC/JPY - weekly Analytics + Altcoins 31.08.2020Bitcoin is consolidating to the impulse originated from 16.07.2020 to 02.08.2020. Locally, there is a false breakdown that portends the continuation of a growing trend. In general, the situation looks positive for the further growth of quotations. Investors' sentiment is correcting slightly and still stay at optimistic levels.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN, IOT)
The technical situation in altcoins has not changed significantly since last week. We still highlight ETH and ZRX as coins with the significant growth potential, and Contentos, Compound, Cortex with an emerging long-term trend and the special interest for buyers.
BTC/JPY - weekly Analytics + Altcoins 31.08.2020Bitcoin is consolidating to the impulse originated from 16.07.2020 to 02.08.2020. Locally, there is a false breakdown that portends the continuation of a growing trend. In general, the situation looks positive for the further growth of quotations. Investors' sentiment is correcting slightly and still stay at optimistic levels.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN, IOT)
The technical situation in altcoins has not changed significantly since last week. We still highlight ETH and ZRX as coins with the significant growth potential, and Contentos, Compound, Cortex with an emerging long-term trend and the special interest for buyers.
BTC/JPY - weekly Analytics + Altcoins 24.08.2020Bitcoin is continuing to be situated at a local stop around 1225000.
The further consolidation and impulse movement to levels of 1228000 open the path for the growth to new goals that will be formed as the movement develops.
Investors' sentiment is close to the most optimistic levels, that's why it is worth to remember about possible correction kickbacks.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN , IOT )
We highlight the special potential for growth in ETH, ZRX as well as in cryptocurrencies with a relatively small capitalization like Contentos, Compound and Cortex.
BTC/JPY - weekly Analytics + Altcoins 24.08.2020Bitcoin is continuing to be situated at a local stop around 1225000.
The further consolidation and impulse movement to levels of 1228000 open the path for the growth to new goals that will be formed as the movement develops.
Investors' sentiment is close to the most optimistic levels, that's why it is worth to remember about possible correction kickbacks.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN, IOT)
We highlight the special potential for growth in ETH, ZRX as well as in cryptocurrencies with a relatively small capitalization like Contentos, Compound and Cortex.
BTC/JPY - weekly Analytics + Altcoins 17.08.2020The Bitcoin is consolidating at level of *1225000*, that indicates a continuation of the trend, it is also necessary to take into account the approaching high levels of investors' sentiment. Local corrective and false breakdowns waves are possible; we expect the development of a long trend in the future.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN , IOT )
We highlight the Ethereum and the ZRX as coins with the highest potential for continuing the growing trend.