btt broke the bull flag on 15 min we drop because BTC dropping buy at 0691 area where is the next support . when you trade btt always watch btc .
if Btc close below 55400 area on 4 h chart will create a H & S and will drop more and the support at btt at 00691 may not hold . Not financial advice good luck :)
on 4h chart if we close bellow 00670 we will crate a H&S and we could go down to 00570 area . this scenario is just if we go down to 00670 .If btc start retracing btt will fallow . Not financial advice .
I think we are still in a downtrend the reason we go up is because we are oversold on 1h and 4h . if we close bellow 00385 we go to 00241 again keep an eye on BTC . Lets give some time and we will have a good entry for a nice profit we don't wanna jump in if we are still in a downtrend and lose money, in my opinion Btc will go to 40k and possible lower and that...
If we lose the suport at 00650 we will test the support at 004 . keep an eye on btc to find the best entry .when btc will settle we will start going up now we are in a strong downtrend . Not financial advice
Btt is trading in a descending triangle we are making lower highs and that is a bearish sign ,we did not touch the upper resistance line for a wile but we test support multiple times . if we lose the support at 007 we will go down to 004 (if btc crash btt will fallow ) in case we go up from 007 the Tp are in the chart good luck .Not financial advice do your own...
we are forming a head and shoulder on 1h chart if we go bellow 00729 the pattern will be valid and we could drop to 00650 and if that support dose not hold we can drop to 00550 . if btc drop we will fallow btc . NOT financial advice