BIGTIMEUSDT trade ideas
BIGTIME December first bubbleThis is the example of bubble phase,
Bigtime already bullish with more than 500% to $1 at all time high only in 14 days,
you can see that bigtime already finish "bulltrap phase"
and right now we are in "return to normal phase"
next phase is fear, capitulation, despair, and return to the mean.
BIGTIMEUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement (marked as xxxx).. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. same idea Ive always been using.. just a trade idea, not financial advise
BUT WHICH DIRECTION IS THE TREND HEADED?It's not a simple question and REALLY matters ALL of the time, so, finding a simple answer is a neat tool to have in the snuff-toolbox..
Here's the quickest, easiest down-n-dirry method for getting closer to an answer.
If you look at the ranging areas of the chart. The in-between, sideways, messy, wish-it-didn't-exist areas and draw a rough shape tracing the progression, then you'll likely notice either a "U" shape or an "n" shape (not everywhere, but at least one prominent one per section/timescale). You'll know if when you see it. Keep practicing and don't force it.
The U Shape can be reliably trusted to identify a Bullish trend, whilst the n Shape does the same when there's blood about.
Sound silly, right..
But it works.
And now you know..
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BIGTIME/USDT PERP. 30min ChartThis graph according to my research shows that it is moving in similar pattern to bitcoin and if we see a good volume in Btc, Bigtime can also pump as well. If there's a good volume it break its resistance easily but if the volume leaves we can see it near 0.5100. People can scalp and take short profits according to the low accumulation zone and retests. A good news regarding btc or bigtime can effect it too much as it is one of the trending coin at the moment.
Note: This is not a financial advice.
BigTime - small [censored]Yeah, u got it. small CAPITALIZATION - :) and ur thoughts.. are spoiled :))
Hi guys!
Mr. @Rebelmedia , I thank u for overview, and it iz HIZ idea actually. U may look at his page to clarify.
My opinion iz just an addition, I see a Risin' wedge structure and also noticed that trend iz fadin'. It may go up a lil bit to 047-049, but i think its over now
u may go short, u may not, but u must obey the rule: like this post IF u understand the idea, not u just like it