Bitcoin

(Bitstamp:BTCUSD 1h)

After breaking down from the ascending channel, Bitcoin failed to break the $8366 support, instead bouncing above it. This makes a nice double bottom formation, however I'm still a bit sceptical due to the relatively low volume of the rise compared to that after the $8366 bounce. The main resistance level to watch is $10153, as this marks the high of the previous consolidation zone.
If Bitcoin can form a bullish consolidation here, then we can look to take positions ready for a new bull run. Until then, I remain cautious and hold reduced exposure to Bitcoin.

Ethereum

(Bitstamp:ETHBTC 2h)

Ethereum made a retest at the 0.07984 resistance earlier. It ended up falling short to form a small double top due to Bitcoin's bounce. If we can hold above support then we have a chance of a new bullish leg, but its looking increasing unlikely in the short term. Instead, ETHBTC is running the risk of forming bearish consolidation. We'll keep an eye on how this unfolds, but I would recommend waiting on the sidelines until this resolves.

Bitcoin Cash

(Poloniex:BCHBTC 2h)

Bitcoin Cash has made another push to retest the bearish consolidation zone levels. This area marks strong resistance, so a rejection here is expected. If, however, we can form a consolidation zone above the 0.1207 support, then we have a chance at a new bullish leg. If not, this will likely be another fake-out.

NEO

(Binance:NEOBTC 2h)

As expected, Neo is making a retest of support. Unless we see a sharp bounce here on high volume, this will likely form a bearish consolidation. On the other hand, volume has been dropping off near lows, hinting that the market is uncomfortable with more bearish action. However, a bearish consolidation zone would overrule that, signalling room for new lows in the medium term.

Litecoin

(Poloniex:LTCBTC 1h)

Rather than confirming the suspected descending wedge, Litecoin instead pushed upwards, forming a double top. We're now watching whether we hold above the 0.01976 support, which would form a flat consolidation instead.
Volume has been dropping off after the bullish leg, suggesting that we're moving into a consolidation rather than a trend reversal, so we'll look out for support levels over the next few days.

Monero

(Poloniex:XMRBTC 4h)

Monero appears to be finding support around 0.02890 after its pullback from 0.03400. Volume has dropped off nicely, suggesting we're in a consolidation rather than a longer term reversal. If we can hold this support over the next few days, then we can start looking for bullish positions to take.

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.