Cryptocurrencies

The general consolidation in BTC continues in line with expectations and should have an eventual bullish outcome to new highs.

ETH have completed the bear trend. Our medium- term bullish outlook is materializing after a prolonged negative stance. The recent break of pivotal levels has confirmed the illustrated outlook.

Current market action allows for a fair amount of detail to be included in the views. The goal is to portray a complete and comprehensive view. It is, however, unlikely to depict the exact outcome.

The general consolidation in BTC continues in line with expectations and should have an eventual bullish outcome to new highs.

ETH have either completed or are in the process of completing the large bear trend. Our medium- term view is turning cautiously bullish after a prolonged negative stance.

While ETH has recently shown bullish reversal potential off target support, a break of the important pivot level that will confirm medium term gains has still not transpired.

Growing disparity between BTC and ETH outcomes has been a medium-term process and is expected to continue.

The general consolidation in BTC is ongoing and should have an eventual bullish outcome.

ETH seems to have either completed or are in the process of completing the large bear trend.

Our medium- term view is turning cautiously bullish after a prolonged negative stance.

The technical outlook remains in stark contrast to our (somewhat irrelevant) fundamental outlook.

This analysis goes into a fair amount of detail.

It is not always the case and is largely driven by confirmation of the view in eliminating alternative outcome, allowing detail to be added to a report.

The long term monthly report on BTC and ETH.

If our medium-term view of continued volatile range trading is correct, then the next few months can be difficult for both bulls and bears. Target and pivotal levels are crucial in a market where sentiment extremes might just be a contrarian indicator for the time being.

A break of the consolidation parameters is required to activate a large trend.

It is a painful truth that the longer-term technical stance remains quite bullish on the eventual completion of the current consolidation.

The market is currently undergoing a correction phase which is expected to lead to a bullish reversal.

The bullish trend is anticipated to reach T1/T2 levels.

The current price action is part of a larger corrective pattern, but there’s room for other formations to occur.

The K** level is crucial for the overall market outlook.

Volatility within a wide range looks set to continue.

These are normally hazardous trading conditions.

Static fundamental views will get you into trouble when markets fluctuate violently.

The best alternative of a bad bunch would be to let price action guide and pivotal levels keep you out of big trouble .

The weekly Crypto market update.

Please find attached the weekly Cryptocurrency update.

We expect the bull market to continue, but do not have any rationale for it.