thetradinghall

thetradinghall Updated 

Our BTCUSD daily analysis based on Elliott wave pattern suggests more weakness ahead from current levels. We can afford for some more strength very short term, but overall the 11800-12000 band shall finally trigger a new down leg. This one shall see a successful retest of the 9000 area, followed by the resume of the long term underlying bull trend. This bull...

thetradinghall

ven if the rise the 100 low is far from being impressive, with all pull back being quite deep,the wave structure respect the EW principles with no overlaps. Following this current count, we shall see more up/down sequence before an interim top is in place and makes the green wave over. Look for more strength next week, unless 166.62 is broken. The TTH team...

thetradinghall

Follwoing the resent rise acceleration, we decided to take some distnace with the market, and switch back to a larger time frame: daily. The 75 area has everything to stop the current advance and we should see next week a topping formation. Then, the nature of the pull back shall give us more clue. We expect a fall down to the 55 area at least. If BTC keeps rising...

thetradinghall

LTC has showed quite a clear picture since many months. The current fall is yet not as obvious. The sequence has everything from a corrective move but this is not clear if 75.45 will be the bottom of the yellow (ii) wave. If not,this is a good candidate. Even if technical gives a clear SELL signal, we favor a resume of the uptrend as long as 75.45 holds. A...

thetradinghall

XBT rise since 5042 low looks now completed. This will complete too a wave of higher degree, noted 3 green . This assertion is validated by the poor momentum (typical of end of move) and a stretched technical. This make us think we shall see very soon more weakness towards at least the 5000 area. Such a fall would consume time and mark the end of the 4 green...

thetradinghall

We want to see a decisive break of 24.15 resistance to hope a test of previous 25.829 high on BNBUSD . The token is in a very nice white bull channel, and technical gives a BUY signal. Momentum is largely positive since the beginning of February , and Elliott wave analysis shows sequences of impulsive rises and corrective falls since 2018 low. All this let us...

thetradinghall

Our global view on ETHUSD is bullish but with a lot of caution. The rise since end of February is nothing but impressive, with the 187 peak not so high when compared to 166 previous interim top. Nevertheless,most rises show five wave advances,which is the fingerprint of an underlying bull trend. In this confusing picture, current rise looks suspect regarding...

thetradinghall

The BTC 4950 low offered as suspected a floor to the correction from 5650 high which turned the token back up. Today break of this previous high confirms a new leg up is underway, with a potential target somewhere in the 64-6500 area. This would mark the end of a wave of higher degree, 3 in green. Short term, 5850-5950 may stop the rise and trigger a few day...

thetradinghall

ETH has shown a clear lack of positive impulse during the past few months. In this slightly up trend, we favored more upside action in the medium term. Short term, question is about the recent 146.50 low and its capability to provide a floor for a new leg up. A clean break above 16300 with a break of the purple bear channel would both be green flashes....

thetradinghall

BTC is trying to gather positive momentum above the 4950 low. It is too early to claim we have turned North, but this is our favorite assumption. We want to see a clean break of 4950 zone as a first green flash. Technical as momentum are both positive, thus validating our bullish call. The TTH team is pleased to announce the grand opening of its Slack team...

thetradinghall

The fall from 0.101 on ADA shows a clear sequence of three waves, labelled a, b and c circled yellow. This implies the fall is only a correction in an ongoing bull trend. The low is just below our 0.068 horizontal support and is above the white trendline, lower boundary of its actual bull trend. With a technical showing a clean bullish divergence, all this make...

thetradinghall

XTZ rejection from the 1.50 area was strong and sudden. This fall brings laready the token in the begining of what could be a floor for this corrective move. Current fall may well have more time to consume with sideways to down action towards 1.13 . This area is seen as a very good candidate for a floor. As long as we don't see a trade below 1.05, we still...

thetradinghall

ETH has been largely laging BTC and other token in this past few week advance. The 180-190 zone proved to be a very strong zone to go through and now the token is being rejected. The break below 168.00 is a first negative signal and force us to adopt a neutral short term stance. We expect ETH to test soon previous low @ 155.00 and find support somewhere...

thetradinghall

As suspected yesterday, the last push on BTC was really suspect and occured under weak technical conditions. Today pull back marks according to our wave count the end of a third wave , labelled purple circled iii, and the begining of a sideways to down action. We expect the token to spend a few days under selling pressure. Immediate first downside targets are in...

thetradinghall

BTC keeps rising when most of the rest of the crypto sphere is trading sideways. This current advance is under mixed technical and if our wave count is correct, this last push is ending a third wave (the purple circled iii). One target @ 5644 has been hit, and many other strong numbers are waiting just above. At current moment, we don'texpect too much action on...

thetradinghall

BCH couldn't really break above 320-330 in a sustained manner. Technical suggests the positive momentum is slowly vanishing. A break below 291 may well bring more selling pressure with a test of 255. The current consolidation may well have more to work before the bull trend resume. The TTH team is pleased to announce the grand opening of its Slack team . You...

thetradinghall

Nevertheless yesterday mini sell-off, it is very difficult to see the current mess as something else than a never ending bullish correction. Real breaking point are much lower, and we are still cautiously bullish. Technical is helathy and we need a break of 5150 to feel more comfortable. The TTH team is pleased to announce the grand opening of its Slack...

thetradinghall

During yesterday sell-off, the token hit the 155 support. Current sideways start to be a huge mess, but still has the look of a bullish correction. Technical is bullish, as well as potential wave counts. We stay cautiously bullish with a break of 167 as a first positive sign. The TTH team is pleased to announce the grand opening of its Slack team . You will ...