BIGTIMEBYBIT:BIGTIMEUSDT.P
Keep eye on it!
Cipher SMC is a trading strategy that involves understanding market structure, supply and demand concepts, and liquidity concepts. It is a mechanical strategy that helps traders identify potential trends and reversals by providing insights into the buying and selling pressure in the forex, stock and crypto market. The strategy allows traders to locate imbalances in the market and provides more information about the market when it opens and when it closes. It is recommended to have a solid foundation with regards to market structure before using this tool. Use these concepts alongside other concepts such as Order Flow, Structure, Liquidity etc to build your overall story! As always, keep it Simple and Systematic and you will be just fine ;)
Kindly note that engaging in FX, stock, crypto investments, and other financial instruments entails inherent risks. We strongly recommend seeking advice from a financial advisor or conducting extensive research before finalizing any investment choices.
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..
BigTime Potential: The Perfect Entry Point for Profits 💰"Welcome to our crypto exploration hub! We're here to navigate the exciting world of digital assets, providing you with comprehensive insights into market dynamics and potential trading opportunities.Our mission is to decode the crypto market's mysteries and equip you with the knowledge you need to make informed investment choices. From the latest developments in Bitcoin to the hidden potential of various altcoins, we're your trusted source for daily technical analysis.While technical analysis is a valuable tool, it's important to remember that it's just one piece of the puzzle. We encourage you to take a well-rounded approach to your investments, considering factors like macroeconomic trends, news, and community sentiment.Join us for the freshest analyses, and don't hesitate to join the conversation in the comments below. Keep in mind that our content is purely for educational purposes and should not be construed as financial advice. Always integrate it into your broader investment strategy."
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.