BABYDOGEUSDT trade ideas
Baby doge continues to perform well**Bought Baby Doge**
Baby doge remains a well performing token, is forming a bullish triangle or a wedge.
As we have a high stop, that's why I entered with a very small hand.
Entry: 34562 satoshis
Targets: 37475 (8%) / 41740 (20%) satoshis
Stop: 28886 (16%) satoshis
Volume: 1.19%
BABYDOGE/USDT Analysis in Daily 🌞HI 🖐
Babydoge has been able to grow well recently with its relatively low market cap. This incident has made his fans and holders extremely excited and became very viral and trending in social networks.
As you can see in the chart, after hitting the 0.8 support area, BabyDog experienced a lot of buying pressure and started its upward spike movement, with the entry of large volume and the beginning of this upward movement, there was a gap (FVG) or price imbalance. (Imbalance) Despite this price gap in the support area of 2.5 and Fibonacci 0.382 has turned this area into a strong support area.
Note: FVG can attract price like a magnet.
Currently, the price has reacted to its resistance zone, there are two scenarios with high probability.
Scenario number one: If the price can stabilize above the 3.7 resistance area, the next targets are expected to be 4.25 and 4.7.
Scenario number two: Traders who bought at lower levels take profit in this resistance zone or exit their trade and drive the price to lower levels (2.5).
Arztoday Team 💙
BABYDOGE CAN GO UPDue to maintaining the higher bottom and structural break, it is possible for Baby Dodge to move up. In any case, you should not enter the position without setting a stop and without capital management. I hope we have a high level so that Baby Dodge fans can get their desired profit.
Babydoge Price Prediction 2022Babydoge Price Prediction 2022
A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contact points. this is because it needs at least two lows to connect, as well as two highs. Buying and selling pressure is equal, and the prevailing direction of price action is sideways. Horizontal channels form in periods of price consolidation. Buying and selling forces are similar in a horizontal channel until a breakout or breakdown occurs.
Currently, Babydoge is at $0.000000001302 If the pattern continues, the price of Babydoge might reach the resistance level of $0.000000001800, If the trend reverses, then the price of Babydoge may fall to $0.000000001000
Happy Trading $$$$
BABYDOGE bullish market 🚀Hello 🐋
Based on the chart, we have appropriate amount of the volume for the price and break out of the descending channel and the wedge to the upside beside we have fundamental sign for more gain ✔️
if
the price doesn't break the major support and channel support to the downside, we will see more gain 🚀👌
Please, feel free to share your point of view, write it in the comments below, thanks 🐋