BaoToken (BAO) • Trade Idea
BAO is starting to look like is at a buy range. The downtrend basis might be broken soon and even retested at lower level but this coin has been on considerable correction for awhile. The only thing still missing is significant volume bakcing up uptrend but those 4h and D wicks are looking promising.
RSI (signal) is at extreme low levels like in the past and this time printing a bullish divergence increasing the probability and conditions for bounce from here. Assuming that Bitcoin will start marking up there is good chance that so will BAO.
Check my video analysis for my thoughts on this token.
RSI (signal) is at extreme low levels like in the past and this time printing a bullish divergence increasing the probability and conditions for bounce from here. Assuming that Bitcoin will start marking up there is good chance that so will BAO.
Check my video analysis for my thoughts on this token.
D7R
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