Bitcoin

(Bitstamp:BTCUSD 1h)

After dropping from yesterday's little ascending channel, Bitcoin bounced nicely from the major channel support. However, volume remains low and we may be forming another ascending channel similar to yesterday. In such a case, the retest towards the 50% support is still a possibility.

That being said, there is an alternative interpretation (smaller descending channel on the chart). This would be seen as a bull flag - a continuation signal. A break upwards from this pattern would see a retest of the $9755 resistance and higher. However, it remains to be seen which way the market decides to break. I'm waiting this one out until it resolves itself.

Ethereum

(Bittrex:ETHBTC 1h)

Ethereum made a sharp break higher earlier, but it couldn't convincingly break resistance and quickly retraced on relatively high volume.
This is a pretty weak sign for ETHBTC, and I wouldn't be surprised if we retested the 0.07185 support or lower in the next day or two. If we can hold nearer highs, I'm still looking for at least another couple of days of consolidation before I'd be willing to look for positions.

Bitcoin Cash

(Bittrex:BCCBTC 1h)

Bitcoin Cash is still holding its consolidation zone nicely on low volume. I've adjusted the support of the channel up from 0.1454 to 0.1476, and you may wish to adjust your stop-losses upwards a bit to reflect the lack of volatility of the last few days. This is still looking pretty bullish, its just a matter of waiting and watching for the break.

Monero

(Poloniex:XMRBTC 2h)

Monero's made a nice test of the 0.02590 support against double bullish divergence on both the RSI and MACD. Volume on the descent was also pretty low, so a strong bounce is possible here. Past that, we'd still be looking for confirmation of a support level with either a double bottom or a similar reversal pattern.

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.