BTC/JPY - weekly Analytics + Altcoins 18.05.2020

BITFLYER:BTCJPY   Bitcoin / Japanese Yen
The price, in our opinion, is continuing to stay within the framework of its local stop.
The mood of investors regarding the market movement gradually changes towards positive that confirms additionally our expectation about logic of movement.
As the number of taking positive attitude investors increases, the price will approach local peaks and gradually form the reversal models which we will see in the future.
(Considered coins are LTC, ETH, EOS , XRP, ETC, NEO, XMR, OMG, DASH, SAN , IOT )
We pay special attention to ETH, LTC and EOS as to the most promising coins in terms of forming of long positions.
There is a local stop in coins at this stage corresponding to the BTC movement.
We believe that the movement will continue as the clarity is formed in BTC .