I’m sorry but I don’t see how you get that . We are in a down trend copying btc moves 100% and btc is dropping making higher lows and btt is marking higher lows we made a head and shoulder on 1h and 4h so bearish . We trade below ema 20,50 the only thing holding us to not crash is the 100 ema on 1day chart . I believe btt is a good product and will go to moon one day but I don’t think it will happen right now . We look very bearish
AnasBabteen
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@carmen88,
I understand what you said
on the other hand, harmonic AB=CD, classic we are doing a flag, also the important thing look at if we come under the RP or not?. About BTC we are in a good area to go up you can see the last idea.
each one has another idea and this is the trading and analysis. best of luck.
Vako_K
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@carmen88 BTT has to pass 0.0075 resistance and that’s all we need! it’s gonna turn into uptrend and yes i agree with you! BTT is copying BTC moves and BTC won’t be going down for long it’s gonna turn back up to new high it’s just matter of few days
carmen88
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@Vako_K, if you look at my last TA you will know I’m very aware where btt resistance is I’m telling you btc is not done it will drop to 42k 39k at least it lost the support at 50k and now is not in a up trend any more . But in the same time I know anything is possible in this market and things can change pretty quick .I’m not saying this TA is not good or it can’t happen I’m saying they are more bearish signs right now then bullish . I think btt will retest the 00420 area and from there we may get a bounce up . in a log run I’m very bullish on btt but not right now . Best luck to you
Vako_K
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@carmen88, yeah that’s what it seems like... but still hoping for bullish soon