Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, April 11

The previous two attempts by the bears to break this support failed on April 01 and April 06.The bearish pattern will be invalidated if prices break out of the triangle, which is close to the resistance line of the descending channel and just below the 20-day EMA. Once price breaks out of these resistances, the BTC/USD pair will turn positive and rally towards the 50-day SMA.Traders can initiate long positions on a close above the 20-day EMA with a minimum target objective of $9,000.

Our bullish outlook will be invalidated if the price breaks below the triangle, which can result in a slide to $5,435.

If the ETH/USD pair breaks out of all these overhead resistances, it will then rally towards the 50-day SMA, at the $607 levels.

There is no trade set up on it until it breaks out of the $780 levels.

We shall turn bullish in the short term, once prices break out of the descending channel.

Contrary to our expectation, if the digital currency breaks down of the range, it can fall to $0.35 levels.

We shall wait for prices to break out of the downtrend line 1 and the 20-day EMA before proposing any trades.

Our bullish view will be invalidated if price breaks down of the 0.000021 levels.

It had returned from the 20-day EMA on April 09 but it did not give up much ground on April 10, which shows that the buyers are stepping in at lower levels.

Aggressive traders can enter long positions once price sustains above $64 levels for about four hours and keep a close stop loss because this is only a pullback in a downtrend.