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 corrective wave. A break of 5535 will probably open the doors for a test of the yellow lower line of the current rising channel.
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The TTH team is pleased to announce the grand opening of its Slack team. You will share trading ideas with our community, improve your trading skills, benefit from live intraday technical analysis and strategies. Video sessions with TA teaching and concrete cases are on the agenda too.
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