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Big Time (BIGTIMEUSD) Price to Swing up With a Breakout Soon

Johnathon Fox
11/28/2023 | UPDATED ON: 11/28/2023

Big Time (BIGTIMEUSD) Price Forecast: November 28
The BIGTIMEUSD pair is facing an increase in buying pressure at the moment and its price may swing up with a breakout soon. Based on the outlook, should the 4-hour candlestick close above a $0.03789 current supply mark; the correction phase will extend to meet the resistance at the $0.2400 upper resistance trend line which indeed will be a turnaround for coin holders.

Key Levels:
Resistance Levels: $0.19000 $0.20000, $0.21000
Support Levels: $0.14000, $0.13000, $0.12000

BIGTIME (USD) Long-term Trend: Bullish (4H Chart)
BIGTIMEUSD is bullish and may swing up with a breakout soon on the higher time frames. This is clear as we can see the prices trading and remaining strong above the moving average lines indicating an uptrend.
Big Time (BIGTIMEUSD) Price to Swing up With a Breakout Soon
Actions of the bulls at a $0.20785 high value on the currency pair in the previous session have made it possible for the price to remain in an upward trend zone in its recent high.

The strong push by buyers to the $0.23786 resistance trend line above the EMA-50 as the 4-hour chart opens today shows that the buying activities are rising. Thus, if the long traders could swing up and close above the current supply mark, the bearish thesis would be invalidated.

Notably, the Bigtime price may likely swing up with a breakout soon as indicated by the daily signal. Under the influence of this market level, the coin price could swing up steadily soon and break up the current price level to reach the $0.24000 upper high level soon as we watch the crypto market swing up and break out soon in the long-term perspective.

BIGTIME (USD) Short-term Trend: Bullish (1H Chart)
The coin also trades in a bullish trend market to swing up with a breakout soon in the medium-term outlook. The coin prices are traded above the moving average which confirms its bullish trend. This is due to the high impact of the long-term traders on the price flow.
Big Time (BIGTIMEUSD) Price to Swing up With a Breakout Soon
The sustained pressure from the long traders to a $0.20805 high level in the previous action has led the BIGTIMEUSD price above the supply levels in its recent price level.

The drop in the coin price to the $0.21832 low value as the 1-hour chart resumes today has no serious effect on the market as the price remains in an uptrend

Hence, should the bulls exchange hands with the sell traders and swing up above the $0.23786 resistance value, additional intraday gains would be recorded for the buy investors.
Thus, staying above the supply levels indicates a strong possibility for a bullish correction.

A strong break and swing up above the $0.23786 resistance point would strengthen the bullish pressure and the BIGTIMEUSD correction phase may extend to a $0.24000 high level in the coming days in its lower-term time outlook.

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
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