It's been a while since I did one of these, but I feel the recent price action has warranted an analysis.

Bitcoin recently broke the 10.5k mark, and has fully flipped it as support. We will see a parabolic run from this point anytime soon, and it's important for us to know when to buy,as well as what can happen.

Let's look at BTC in this article, and add ETH and BAT as bonuses.

BTC

BTC is in a clear bull trend, no doubt about that. The trendline from 2017 had it's first daily close above, and possibly would have its first weekly close above when this week ends.

Looking at the daily chart I put above, it's evident that 13k is next. The RSI has tons of room to run, and the top Bollinger band has a strong buyback candle flipping it as support. The bulls want more and they just might get it.

So what's tomorrow's plan? Buy the dips. It's as simple as that.

I'm long since 5k from March, and don't plan on disposing of that long until we reach 14k at least.

ETH

Here's where things get interesting. For the first time, ETH led BTC massively, and more or less ignited the bull run, after which BTC followed suit. ETH's daily RSI doesn't really show too much running room, however, as that top Bollinger band is also getting flipped as support, I'd love to long any dips I get on this one as well.

Given the chance however, I would equally short any rejections of resistance points. The daily candle looks great, but I feel there should be at least a mini rejection before we continue upwards. On a test and hold of the 300 level, I'll be heavily buying the dip in expectation of a rally to $400.

I'm long ETH since $130 also, and won't dispose of the long till $400.

BAT

I personally won't touch altcoins until all this bitcoin madness is over. However, this one held up pretty nicely, and took the Bitcoin beating like a champ.

Strong buy back candles forming around the bottom band, and it seems like the buyers are making a return to the market once more.

I would like to see this daily candle close this beautifully in about an hour. Once the buy back pressure is confirmed, I would long this, but use tight stops as BTC is still highly volatile.

I apologize for the mobile charts. My laptop is getting upgraded, but I still needed to put this article out. We'll have desktop charts next time!

Thanks for reading and putting up with my mobile charts. I really appreciate it.

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