BitDao Bullish movementThoughts: BitDao COINBASE:BITUSD is currently in a bullish trend and Im looking to set a target price of 2.80
BITDUSD trade ideas
BITUSD Buy signal confirmedBitDAO / BITUSD is having the strongest 1day candle since May 15th right at the bottom of the 5 month Channel Down.
This confirms the excellent pattern bottom buy opportunity, especially after the 1day RSI made a Double Bottom.
Buy and target the 0.5 Fibonacci (like the March bottom rebound) at 0.4545, which will also test the 1day MA50.
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BITDUSD Sudden Rise PossiblePrice is testing support along the upper dashed green line
Touches along here usually result in some volatility, shown by the other grey circles
The orange circle is the head structure with the larger formation
