Yosu_Fund

BTC/JPY - weekly Analytics + Altcoins 11.04.2022

Short
BITFLYER:BTCJPY   Bitcoin / Japanese Yen
Due to the formation of a false breakdown from the level of 5419234 , chances for further quotes decrease are growing. Only a return beyond that level will provide an opportunity for growth for both the entire crypto market and for bitcoin in particular. At the moment, the scenario with the breakdown of the local bottom around 3752582 is quite likely.

Altcoins:
In our opinion, TRX still looks attractive for buying. Yes, there is a possibility of local decrease, but it should not affect the global growing trend.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.