Rakesh Upadhyay

Several major cryptocurrencies have turned down from their resistance levels, hinting that further downside could occur in the short-term.

If Bitcoin remains in an uptrend, these altcoins are likely to outperform the other major cryptocurrencies this week.

A few major cryptocurrencies are in an uptrend and they could offer buying opportunities in the short-term.

Most major cryptocurrencies have turned down from their immediate resistance levels, which suggests a minor correction in the next few days.

Most major cryptocurrencies are struggling to break out of their immediate resistance levels, which could result in a minor pullback for the next few days.

Besides Bitcoin, several major cryptocurrencies are consolidating close to their overhead resistances and could offer buying opportunities in the short-term.

The action in altcoins has become coin specific, meaning, traders should remain with those that are in an uptrend as they are likely to follow Bitcoin if it moves higher.

Altcoins are currently following Bitcoin price but soon they are likely to decouple and chart their own course.

Several major cryptocurrencies have seen strong buying at lower levels, suggesting that the uptrend is likely to resume once Bitcoin finds support.

After Bitcoin’s rally, several major cryptocurrencies are attempting to resume their up move.

Most major cryptocurrencies are stuck in a tight range awaiting direction from Bitcoin.

Several major cryptocurrencies are facing selling at higher levels but the fact that traders are buying on the dips suggests further range-bound action is likely.

The crypto markets are expected to remain volatile this week. Hence, several short-term trading opportunities are likely to crop up.

Most major cryptocurrencies are facing resistance at higher levels, meaning a few days of consolidation could be needed before the rally can resume.

Bitcoin’s impressive rally has pushed the crypto markets higher, leading traders to wonder if the uptrend will last through the halving event.

Bitcoin prices are holding up well but the fact that many altcoins are witnessing profit booking suggests that the focus is shifting back to BTC.

Several altcoins are likely to rally if Bitcoin can resume its up move this week.

Bitcoin is close to breaking out of its overhead resistance. This has resulted in strong price action in some altcoins, which suggests that the investor sentiment is bullish.

The bounce in most major cryptocurrencies shows demand at lower levels and also increases the possibility of an up move in the next few days.

Many major cryptocurrencies are not seeing follow up buying even after breaking out of resistance. This points to consolidation or a minor dip in the next few days.

Investor sentiment in the crypto market is gradually turning bullish and a few altcoins look ready to outperform Bitcoin in the short-term.

Most major cryptocurrencies appear ready to start new uptrends after recently bouncing off strong support levels.

The trading range of most major cryptocurrencies has tightened, meaning a sharp directional move could occur within the next few days.

Most major cryptocurrencies are attempting to bounce off their immediate support levels, which is a huge positive as it suggests buying on dips.

Most of the top five cryptocurrencies are attempting to form long-term bottoms, which are unlikely to be revisited after the next uptrend starts.

Most major cryptocurrencies have turned down from their 50-day moving averages, suggesting that bears are attempting to resume the downtrend.

Bearish traders are aggressively defending the 50-day SMA on most major cryptocurrencies but once crossed, momentum is likely to pick up.

Many major cryptocurrencies are breaking out of their critical overhead resistance levels and it seems the uptrend is likely to continue for the next few days.

Most top performers have reached their resistance levels and may consolidate or correct over the next week.

Bitcoin price continues to push higher but major cryptocurrencies should sustain above their 20-day EMA to confirm that the downtrend might be over.