BIGTIME │ 18.10.2023
Updated
BIGTIMEUSDT.P Yes, I know that the coin has already broken through the level, and it's late to publish the idea, but I still decided to share what I've noted for myself today. It's not a problem that I didn't manage to open a trade. Sometimes this happens when I simply didn't have time to calculate the trade parameters, and the instrument has already started to test the level =)
The daily chart is not as good as it used to be, but the 4-hour chart significantly strengthens it.
The situation is good, and I'll leave it for your review.
Signals for level breakout
- bar/candles closure near the level;
- bar/candles closure near its high/low;
- close retest of the level;
- accumulation of energy for level breakout;
- a good approach to the level;
- consolidation near the level;
- a clear zone beyond the level;
- there is no reaction to a strong instrument movement;
- no response to a false level breakout;
- there is a reserve of calculated ATR;
- there is a reserve of technical ATR;
Trade Parameters
- Open: 0.1773972;
- Stop loss: 0.1834112;
- Take profit:
- 0.1593552;
- 0.1533412;
- 0.1473272;
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
Follow me and receive high-quality cryptocurrency market analysis! - Take profit:
- Stop loss: 0.1834112;
Trade closed: target reached
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