Long
BID Breaking out of Bull Flag - Wait for Confirmation
This is a project that I don't like too much as the team rarely releases information but from a TA perspective it is moving. Do not buy yet though, do wait for a retest of the upper flag line if you are going to buy... but again I heavily caution this project as the team rarely releases updates and pretty much disappeared - it is led by a kid programming protégé from Germany but they lack life experience so they seem a bit erratic... however, the project may have promise and TA is moving in its favor.
Note
Latest update on Bidao's development:bidao-blockchain.medium.com/bidao-coming-to-binance-smart-chain-bsc-2672f2831509
Note
Although reading the latest news... it does seem significant the developments:"Moreover, we already integrated new crypto assets like XRP, DOT, ADA, and FIL. You can see all the supported coins in the list below."
The images on the link show Bidao's DeFi UI/UX looks pretty promising as well
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.
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.