$BIGTIME #Everyone #Followers #Binance

### BIGTIMEUSDT Analysis (4H Chart)

#### **Current Trend**

- **Uptrend**: The chart shows a sharp price increase from $0.0701 to $0.1100, with significant momentum behind the move. The price is currently above all key moving averages (MA7, MA25, MA99), confirming a strong bullish trend.

#### **Support and Resistance Levels**

- **Immediate Resistance**: $0.1100 (recent high)

- **Key Support**: $0.0942 (MA7), $0.0848 (MA25)

#### **Candlestick Analysis**

- **Bullish Candlesticks**: The chart features several consecutive green candlesticks with long bodies, indicating sustained buying pressure and strong upward momentum. No reversal signs are visible yet.

#### **Indicators and Oscillators**

- **RSI**: At **94.81**, RSI is in overbought territory, suggesting the asset is overextended and could face a pullback soon.

- **MACD**: Positive crossover, with the MACD line diverging upwards from the signal line, showing strong bullish momentum.

- **Volume**: Increasing trading volumes, with the most recent green candles supported by high volume, confirming the strength of the upward move.

#### **Wave Analysis**

- The asset seems to be in a strong **impulsive wave** (likely Wave 3 in Elliott Wave terms), which typically exhibits the most significant price increase. A minor correction may follow before further continuation.

### **Short-term Trading**

- **Entry**: Consider entering around **$0.1000-$0.1050** on a potential pullback.

- **Stop-loss**: Set a stop-loss at **$0.0940** (below MA7).

- **Target (TP)**: **$0.1200**, as the next psychological resistance level.

### **Long-term Trading**

- **Entry**: On pullback, a good accumulation zone is around **$0.0850-$0.0900**.

- **Stop-loss**: Below MA25 at **$0.0800**.

- **Target (TP)**: **$0.1350-$0.1500** if the uptrend continues.

### **Volume Analysis**

- The sharp increase in volume is a positive sign for bulls. This volume breakout supports the validity of the price breakout, signaling strength in the upward momentum.

### **Trading recommendation** 💼

- **Buy** around **$0.1000**, with **Stop Loss** at **$0.0940** and **Take Profit** at **$0.1200**.