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BAOUSD trade ideas

Bao Finance ** low market cap ~$10M - riskier than most!**But with great risk comes great profits, 10x would be easy. On the above 1-day chart price action has collapsed 90%. A ‘incredible buy’ opportunity is now illuminated with regular bullish divergence between price action and the oscillators. In fact 10 oscillators are showing divergence, which is awesome. The BAO / BTC 2-day hart (below) is also printing ‘incredible buy’ opportunity following a breakout of MFI resistance. Is it possible price action falls further? For sure. Is it probable? Very unlikely. Good luck! WW 2-day Bitcoin chart
FTX:BAOUSDLong
by without_worries
13
BAOUSD - Ready for a breakoutBAO is a low cap coin that has great fundamentals. They are in the works for releasing on Polygon franchise and testing of soft synthetics on Polygon (as stated in their discord chats). TA: If we break above this trendline (in green) I believe this will excite the community and create buying pressure which will be great for trading. Things to note: All crypto is following BTC/USD so if it continues to play out the Wyckoff formation and continue up then this will push price up of BAO/USD Polygon launch could be riddled with bugs and could create less faith in project creating selling pressure. Time will tell.
FTX:BAOUSD
by alfredstfcarlson