BIDU Price TargetPrice target for BIDU is $147.
All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth!
Traders are expecting the Chinese government would support the stock market like the FED did in the US.
BIDUSDT
ETH Next Fib Targets PT1: $3,177 PT2: $3,740ETH is just doing a simple retracement b/w the .382 and .5 Fib retracements zones.
Next PTs for ETH using the 4 hour swing low and swing high points are as follows.
PT1: $3,177
PT2: $3,740
Will follow a trajectory similar to the orange line I posted. Once we take these two price targets by end of May, we can then target ATHs again by mid-June imho.
Bonus Content: Ignore the FUD and look at the charts - will be doing a live stream tonight on Youtube and will go over macro BTC / ETH / Bull Cycles / Inflation / Econ 101 / and TA on your favorite altcoins (check my profile to see the link)
Also ETH did print a Hash Ribbons BUY signal on the 17th... this is massively bullish for altcoins - some other Buy signals triggered were in COMP / LINK / MATIC
BID: Hash Ribbons BUY Signal Triggered! PT$ $0.11BIDAO (BID) has just posted a Hash Ribbons Buy signal (along with several early bird altcoins like COMP and LINK)... the last time BID posted this signal, it rose >250%.... combining the fact that it printed this buy signal inside a Bull Flag should compound the return most likely above my price target over the next 35 days - but let's see how this plays out.
Believe it or not, the team has been doing strong development of the protocol and the images they provided in their last medium article show the progress of the UI/UX and the protocols they've integrated like SOL - which is a super bullish asset.
Here was my latest chart on BID that I wrote about on May 18th :
Also check below for Related Ideas to see my analysis on COMP below and how it just printed a Hash Ribbons Buy signal (2 buy signals w/in a short period)
BID Breaking out of Bull Flag - Wait for ConfirmationThis 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.
BID: Inside Bull-Flag formation - Add to Watch ListThis is a project that has strong potential if they can coordinate properly with a PR team. The CEO is Basti Agner, a programming kid prodigy sort of akin to Steven Jobs or Bill Gates... the only problem is that the project has been extremely silent the last few months.
However, they do have great partnerships and it does appear they are still working on the code and if they make any major updates, releases, or project milestones, this could take off. It is worth putting on your watchlist.
Technical Analysis
Currently there is no rush to buy this one as it is printing inside a bull flag formation but if there is a successful break near the 0.032 level, and a re-test of the flag, then we could be off to the races.
Chance to get in on BidaoIf you're looking for a good point of entry for Bidao this is in my opinion a good zone to buy.
Timings on the chart could vary a lot, they are just key areas based on previous price movement and volumes.
Not investment advice just interested in your thoughts. Let me know what you think.
Bidao 100% in the next few days?Signs of a break upwards followed by a return to the support. Could be ready for a big move.
Not trading advice just an idea.
#BidaoUSD Could Double From This Inverse Head and Shoulders!What is Inverse Head And Shoulders?
An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs.
What Does an Inverse Head And Shoulders Tell You?
Investors typically enter into a long position when the price rises above the resistance of the neckline. The first and third trough are considered shoulders and the second peak forms the head. A move above the resistance, also known as the neckline, is used as a signal of a sharp move higher. Many traders watch for a large spike in volume to confirm the validity of the breakout. This pattern is the opposite of the popular head and shoulders pattern but is used to predict shifts in a downtrend rather than an uptrend.
Source: www.investopedia.com
What is Bidao?
BiDao is a new blockchain system that creates a trustless stablecoin and a new decentralized financial tool that allows leveraged trading in a trustless setup... In the beginning, BiDao will be completely integrated with the Binance Blockchain and BNB will be used as the collateral.
After Bidao's ICO, The coin quickly 5xed, but since has come back down to 1 Cent Level
Inverse Head and Shoulders Could Bring Prices Back Over 2 Cents
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Bidao the last throw of the dice Bidao the last throw of the dice
Roll Dice if there links are true .