BIGTIME - Don't fomo!

Short

BIGTIME / TetherUS PERPETUAL CONTRACT (BINANCE:BIGTIMEUSDT.P)

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BINANCE:BIGTIMEUSDT.P BIGTIME / TetherUS PERPETUAL CONTRACT

indicator

Dear my friends,
You can see a huge pinbar at the top of BIGTIME. It was over-pumped. You can see the Fibo I drew and the RSI is also very overbought. It will continue to go up to complete wave 5, but before that it will need a very deep correction along with the correction of BTC. I have set an alert in the price range 0.26 -0.3 to place a buy order for the next wave.
Best Regards,

Commentaire:

The price moved as expected. We will wait for the weekly candlestick to close above the buy zone, we will observe and wait for a buy signal. Simple strategy of buying 1/2 position at the buy zone and the remaining 1/2 when breaking out on the weekly frame.
Trading always involves risks. Have a suitable plan and strategy.

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