Long
Hold on to your hat $BAO Finance to average 45X from here!!
Hello Guys and welcome to my Analysis on BAO where Bears have exhausted it's selling.
The Money Flow Indicator (MFI) has indicated that the drop is over or nearly over with where green oversold territory is being printed. This is a weekly chart so it is a good Timeframe to be used for a coin like this... and what I used for Doge as a buying indicator back in September-December 2020.
The stochastic is turning to the upside and should be crossed over in 10-14 days, from that point there should be 3 weeks of price acceleration from 35-65X repeating price movement from January 2021
Have a look at my Doge chart linked below
The Money Flow Indicator (MFI) has indicated that the drop is over or nearly over with where green oversold territory is being printed. This is a weekly chart so it is a good Timeframe to be used for a coin like this... and what I used for Doge as a buying indicator back in September-December 2020.
The stochastic is turning to the upside and should be crossed over in 10-14 days, from that point there should be 3 weeks of price acceleration from 35-65X repeating price movement from January 2021
Have a look at my Doge chart linked below
Note
areas of selling are in red0.0000027 - 0.0000045ETH
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.