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.
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
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