XTZ is now on a new leg up, confirmed by the break of 1.16 previous high and a saine technical. Our Elliott wave count shows the potential of a third wave of third, this implying a strong followup. Keep looking higher. The TTH team is pleased to announce the grand opening of its Slack team . You will share trading ideas with our community, improve your...
This chart is here to show the importance of the yellow descending line already noticed in previous posts. This yellow bear channel is important because of its existence since many months now. Furthermore, if the awaited rise comes in the next hours, the trendline will roughly be at the same level than another horizontal resistance: 332.00 . It is globally the...
BCH shows a textbook corrective fall,noted green a and b. The last leg of this correction, which will be noted c, may well be in place. If it is the case, trading above 292 is a first hint. Most important, the break of the yellow descending trendline and the 332 resistance is a serious cause of upside acceleration. The TTH team is pleased to announce the grand...
The fall since last high is expected to find some support in the current area. This leg down may go as low as 149-155.00 , but given the bullish structure and the oversold conditions, we expect a stabilisation and a turn back up. The TTH team is pleased to announce the grand opening of its Slack team . You will share trading ideas with our community, improve...
Like many other token from the crypto universe, ETH has been in corrective mode since nearly two weeks. The high of what is noted purple iii was @ 180.00. Our count suggests the token is in its last corrective leg, noted blue circled c.This leg is now in its support zone. Even if it is not expected, the move can go as low as 149-155.00 zone. Regarding the oversold...
Following Elliott wave principles, LTC has been in a corrective move since its high @ 99.35 . This pull back has a textbook 3 wave structure, noted yellow (a),(b) and (c). The current leg, (c) is trading its support zone @ 75.85. Regrading the oversold condition and high positive momentum, we are waiting for a U turn soon. The token may well trade below...
BCH has shown since its December low a rise made of impulsive and corrective moves. This note an underlying bull trend . This one has yet more to go on the upside, as it is only in the midst of its third wave, usually the most powerful one. Current correction shall find a floor in the 225-252 area and then a new leg up shall be triggered. Technical is...
BTC has been correcting its rise from 4000 since a few days now. This sideways is showing a textbook pattern according to Elliott wave principles . Odds favor one last push down, probably towards the 4700 level, before the underlying uptrend resume. Momentum is high, here again a textbook situation for a third wave as noted by a purple circled iii and RSI back...
The ETHBTC cross is viewed as bullish since its December low. We have seen nice and clean impulsive rises followed by corrective pull back. The fall since 0.0396 is clearly corrective and will be followed by anew leg up, labelled 3 red . For this bullish outlook to be valid, we don't want to see trading below 0.029 low. Any break of this level will postpone our...
XLM didn't enjoy the general frenzy and felt when every other token did rise. Nevertheless, the 0.82 level has been respected and triggered a rise. We want to see the token quickly regain new highs above 1.16 as quickly as possible. Any break below 0.82 is a serious red warning. For now, technical and wave structure favor a rise. TTH is cautiously bullish. The ...
XLM last rise is not showing a clean impulsive sequence and when compared to previous 0.1212 high the token didn't rise much. This makes us being cautious about the short term picture, thus the neutral outlook. Stellar is currently consolidating, and we don't want to see a too deep pullback. The 0.11 level shall be enough, and we would like to see quickly...
ETH is cooling down with quite a deep pull back. Nevertheless the outlook stay positive with higher levels ahead. The 178-184 zone proved to be difficult to break without a pause in the rise. The current sideways, once over, shall give path to a new leg up. Expect this pull back to hold 150-155. Trading below is not a sell signal but more a warning. Generally...
BTC is at least cooling down from a furious rise in just 3 days. This strength is typical of the midst of a complete move, being often a third of third according to Elliott wave principles. This implies we will see sideways action then followed by a resume of the uptrend, but with less momentum . Current pull back is not expected to be deep, and 38.2 %...
EOS is behaving like there is no limit. The rise since its December low is a chain of impulsive rises and corrective pull back. There are some doubts about how many subwaves we have in the 3 green, but even in the case of less than we show there still need more sequences to complete the whole leg 3 green. Short term, the purple upper line of its bull channel and...
At least some sport on BTC after months of sleep. The rise since the low shows clean mix of impulsive and corrective sequences, thus showing an underlying bull trend. . These sequences are far from being over with the current yellow wave (3) asking for more subdivisions. Nevertheless, current levels of 5150-5300 may offer a rest, especially with technical...
LTC is unstoppable and looks like there is no roof. The rise since its lows show clear sequences of impulsive and corrective waves.This is the description of an underlying bull trend. Above 100, a strong resistance lies @ the 106 level.This one may cool down the fury for a while. The trend is bull with higher numbers on the agenda, suggesting all pull back...
XLM is trading higher after it breaks its yellow bear channel. The token is currently fighting to establish above its previous 0.1212 peak. Once it manages to stay above, next level to defend for the bears is 0.131. This is quite a tough level which will ask more juice to break. The rise is impulsive as shown by the 5 wave advance sequences, but waves are short,...
TTH has been waiting for a strong rise in a third of third fashion in the Elliott wave principles . Here came this rise, confirming our previous wave count. If correct, we are in the midst of a sustained rise with more up/down sequences to come before the wave is completed, i.e show an advance of 5 waves. As for a longer view, we need higher levels to claim a...