This is an amazing chart in showing how great the trend analysis work. I am personally bullish on the pair and I think on the break of major supply zone the bullish trend will continue. In the meantime there will be loads of shortterm trading opportunities.
For a recovery we need to break the red trendline. Two drawn supply zones are the major obstacles.
Any close of bars on either sides would be a sign for a breakout to the corresponding direction. Looks more bearish so far.
A breakout above the the trendline can save LTC.
Ripple/USD is coiling. Technically it has the potential to break out either way. Will keep it on the radar for further signs.
BTCEUR (Bitstamp) is still perfectly in the daily bullish channel.
Price is stalling as it hit the supply zone (not shown on the chart). As soon as the downward hourly channel is broken and and confirmed it's a buy.
Most probably it's going to breakout upwards. Need conformation to trade
CL daily is still in a channel which has been in play since Sep.
Price is reaching the daily supply line and supply zone. An inside bar has been formed. On the break of the inside bar a quick short trade can be triggered. Target: 0.7555