Bitcoin

(Bitstamp:BTCUSD 4h)

After bouncing above the $8239 support, Bitcoin appears to have formed a double bottom, invalidating the bearish continuation pattern. The volume pattern fits, with lower bearish volume on the retest than the initial leg down.

We still wait to break above the $8854 resistance, but this is looking increasingly bullish. Swing traders may wish to start building up longs, using the $8239 support as a reference point for stops.

Ethereum

(Bittrex:ETHBTC 2h)

ETHBTC made a wick through the 0.08460 resistance before pulling back to the 0.08276 support. Holding around this level for the next few days would form a great bullish consolidation, allowing for a strong bullish leg. However, its best to hold off until that's been confirmed.

(Bittrex:ETHBTC 4h)

On the 4h time frame, there are still signs of bearish divergence at the moment, hence why I'd be looking for a good secondary consolidation before a push higher.

Bitcoin Cash

(Bittrex:BCCBTC 2h)

Bitcoin Cash is continuing its state of weirdness, at this point I'm more confused than anything. As I suggested yesterday, its probably best to wait for a clearer signal rather than taking a position on a coin flip.

Litecoin

(Bittrex:LTCBTC 2h)

Litecoin is finally looking up again, with a high volume pump through the 78.6% resistance. I'm still waiting for a sustained break above the 0.01714 support/ resistance, but this is looking promising.

Disclaimer

I will do my best to give unbiased, objective analysis, but I can make no promises about my accuracy.
All posts are based on my personal opinions and ideas and do not constitute professional financial investment advice.