Bitcoin

(Bitstamp:BTCUSD 1h)

While still very volatile, Bitcoin has been holding highs well after its huge spike on the 12th. We made a test of the $7805 support yesterday before bouncing nicely this morning. This is a pretty strong sign, and a retest of highs is likely. Another bounce from support would be a helpful confirmation of a bullish consolidation zone, but its not a necessity as long as we keep holding near the upper resistance.

However, I would advise extra caution for traders looking to take leveraged longs, as there is very significant downside risk if we do break below $7805, so keep tight stop losses.

Ethereum

(Bitstamp:ETHBTC 2h)

ETHBTC has been holding highs nicely along with a decrease in volume since the pump to 0.06466, however we are seeing a loose ascending wedge. Generally, this is considered a bearish sign, but in the context its harder to tell, considering we already made a pullback and have been holding just under resistance. This formation may break down and lead to a retest of 0.06181, but I'd be surprised if it went much lower.

For the more conservative trader, it may be best to wait for the formation to break and buy near support if it drops a bit. Other than that, normal trading rules apply - use good risk management, keep a sensible stop loss and wait for the next bullish leg.

Bitcoin Cash

(Poloniex:BCHBTC 4h)

Bitcoin Cash has finally broken upwards, and in style, seeing several huge candles on strong bullish volume. I always recommend buying into the pullback rather than the trend, so its best to wait for a resistance and support level to be confirmed.
A bullish consolidation zone above 0.1084 or 0.1113 would be perfect to build up positions from. Until then, its best to watch from the sidelines and see how we react to resistance levels.

Litecoin

(Poloniex:LTCBTC 2h)

Litecoin, too, has seen a good pump from support to make multiple retests of the 0.01717 resistance. For the moment we appear to be holding around the 0.01690 support, but there is too much chop to make out a clear support level. Volume definitely saw a good spike on the climb, so another bullish leg is likely, but I'm planning to hold off here until a decent consolidation zone is formed.

Monero

(Poloniex:XMRBTC 4h)

Despite its uncertain outlook recently, Monero also saw a strong pump from support and looks to be forming a bull flag on smaller time frames. This is a strong sign for a new bullish leg soon, confirmed by the huge volume spike on the bullish candle.

If you're happy to take on the extra downside risk of a descending consolidation rather than a flat consolidation, this could be a decent opportunity to build up a long position.

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.