While the short term pattern of price spiking higher for various coins then quickly pulling back continues, BTC and the overall market is showing another extended consolidation pattern.

Today we share the latest look at three large cap cryptos. Here are the takeaways:

As patterns predicted, the crypto market has recovered (for the most part) from the recent spike down.

Check out the BNB BTC and LTC charts below for current market conditions using shorter time frame charts to identify other important patterns and indicators that can and should be considered in all trading strategies.

Thanks to patterns, we know bullish signs when we see them and the crypto market has shown bullish signs for well over a month now.

While the big picture shows Bitcoin continuing it’s multiweek consolidation pattern, the last week has offered bullish signs with price moving up over 10% with increasing volume in one day moving above $3500 which notably has held since that time.

The large crypto market continues to hover in a fairly tight range, consolidating recent gains for most key cryptos. Today?s charts show EOS , ZEC and ETH are joining the more bullish looking altcoins and offer solid trade entries now.

We studied the crypto market early today and saw price hitting a wall of resistance on most key cryptos, and, as probabilities indicate, when you hit a lot of resistance, price pulls back,, and that?s what happened, just like it has over and over for the last year or more.