Bitcoin

(Bitstamp:BTCUSD 2h)

Bitcoin continues to push higher, reaching $8400. However, we're seeing yet more bearish divergence on the RSI and MACD, with significantly lower volume on the break of the 50% resistance than the initial tests. This is rather concerning in the short term, as the market insists on climbing higher without consolidation beforehand. This will lead to a significantly stronger pullback down the line.

Bearish divergence has been one of the key indicators of peaks during the bear market, so we need to keep an eye on it until volume has picked up for a new bullish trend.

Ethereum

(Bitstamp:ETHBTC 2h)

ETHBTC looks to have found support above the 0.06181 support for the moment, although this will require a retest to be confirmed. This looks like a good setup for a bullish consolidation, and will give a very strong signal if we maintain these highs. Volume has also dropped, signalling the need for a consolidation/ pullback.

Its best to wait a few days for to confirmation a support level before building up positions, but ETHBTC is generally looking strong.

Bitcoin Cash

(Poloniex:BCHBTC 2h)

After a brief wick through support, BCHBTC has started a good bounce from 0.09050. While we still need confirmation from a break through resistance, this is a good start.
If we can break above and form a consolidation around the 0.09792 support/ resistance level, we can start looking at bullish positions. Until then, its best to remain cautious as we've been bearish for so long.

Litecoin

(Poloniex:LTCBTC 2h)

LTCBTC has drifted down to 0.01575 on low volume where its held for the last day or so. Unless we can make a significant bounce soon, this is looking very bearish, and a break below 0.01566 would be expected. Past that, the next major supports come at 0.01510, 0.01486 and 0.01460.

Monero

(Poloniex:XMRBTC 4h)

Monero looks to be holding the 0.02370 support fairly well, but we're still looking rather bearish. Any consolidation zone at this level would almost certainly be bearish, with the only bullish possibility coming from a consolidation zone back above 0.02493. Its still best to hold off on Monero and wait for a new bounce or support level.

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.