bao is looking great to accumulate down here, could potentially be close to breaking the down trend hope u got in when i posted a week earlier
I was just scrolling through FTX Perps yesterday and saw this chart. It looks like it could give very good ROI . I opened a "what the hell" LONG yesterday and took just 19% lol I should have let it ride all night. I wasn't expecting Bitcoin to take out it's previous ATH today. Now I'm just waiting for a "BUY" confirmation to re-enter.
buying bao down here looking great for accumalation and good potential risk reward here
Bao Finance has been in a consistent downtrend for around 36 days now, extremely similar to the previous downtrend breakout pattern that lasted 39 days. Will we see a similar reaction?
i like the look of the OBV pennant confluence with the rsi breaking out of downtrend bouncing off local demandzone all the while price stuck in a bullflag pandaswap just launched on bsc today which is a good catalyst for this kind of setup imo bullish. stops at the demandzone/local bottom
potentially one more sweep of the lows but fundamentally destined for moon
this exceptional altcoin is going to have a great year one of the few coins i fully researched docs.bao.finance if anyones curious fundamentals genuinely stand out to me, recognised by @ftx and @alameda and now available as collateral on ftx for perp futures (recognised as hard currency) not on many exchanges yet (tick) tokenomics are magical (tick) active...
looks like reversal finally to join in with the rest of ALTszn sendit