Bitcoin

(Bitstamp:BTCUSD 1h)

Bitcoin saw further pullback from its attempted break upwards and is now sitting around the $11160 support again. This is looking increasingly like the push upwards was a fake-out, so we should keep an eye on support zones once again.
If this does start pushing higher once more then the $11990 resistance level is the one to watch for a double top and if not, the $12146 should be watched due to historical resistance.
On the other hand, the supports to watch in the event of a bearish move are at $10780, the 23.6% support and $10260, which were the levels of recent bounces.

Ethereum

(Bitstamp:ETHUSD 1h)

ETHUSD is seeing a bit of a consolidation after its recent break upwards. It formed a small double top at the $1240 resistance before retracing to the 38.2% support of the recent move. A further consolidation as far as the 50% support isn't uncommon, however since the trend wasn't pushing too far in the first place, the current $1142 support seems reasonable.

A few possibilities for a bullish consolidation here:

• Small descending channel down to 50% - 61.8% before bouncing off the support and breaking upwards.
• Flat consolidation for a few days before the next leg up.
• A drop to support followed by a sharp rejection and the next leg up.

These are some of the most common formations to be watching for in these markets. Once the next leg up starts then the main resistance levels are at $1288 through to $1379 then the last ATH at $1420.
If Bitcoin starts dropping again, then its is likely that Ethereum would follow or at least retrace a bit harder on the drop, so it is always wise to be looking at BTCUSD just as much as ETHUSD to analyse these markets.

(Bitstamp:ETHBTC 1h)

ETHBTC is also in a consolidation zone. So far it hasn't broken the 23.6% support and so appears to be forming a flat consolidation zone similar to the one we saw between the 26th and 28th.
A further retracement to the 38.2% support would generally be expected, however if we remain within this consolidation zone then I guess things are still looking up.

Bitcoin Cash

(Poloniex:BCHBTC 4h)

Bitcoin Cash seems to be back within its 0.1451 - 0.1501 zone, but this time with a bit more of a bullish outlook, since it found some support around 0.142.
As I recommended yesterday, you should still remain patient and wait for a confirmation such as a longer flat consolidation or a double bottom before opening any positions here. But generally, we're not looking as bearish as we have been over the last few weeks.

NEO

(Bitfinex:NEOBTC 4h)

Neo has broken upwards of its consolidation zone and is now moving to retest the previous high at 0.1448. Volume is still very low relative to the bull run, which could be a sign of weakness. You would expect a pick up in volume after the start of a breakout, so the current levels are a bit concerning, but if we do break to new highs, then a pick up in volume will likely follow.

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.