BIGTIMEUSD - Bullish momentum 20231201

BIGTIME is a new coin so not fully correlated with Bitcoin *yet*, but the present market trend (ETF speculation, reflexivity, and more) is helping to develop sentiment. In my opinion, it shattered the ultimate resistance, which, combined with being the best triple A game built in web3, leads in a lot of upside.

It broke to the upper trend line of an ascending channel which is a bullish pattern with higher highs and higher lows, building momentum over the last 11 days, although we have seen similar indications a few times in the past resulting in a reversal (be cautious!).

There isn't a lot of volume, making it difficult to forecast the outcome with certainty, which may be an easy downturn.

  • The next target is $0.32, breaking this target may lead it to rally beetween $0.4 and $0.5
  • It already went up 80% so there's a possibility of a small correction to $0.238.
  • If it breaks down from $0.238 it may go to $0.214.
  • If it breaks down from $0.214 it may go down to $0.148
Chart PatternsSupport and ResistanceTrend Analysis

Also on:

Disclaimer