without_worries

Bao Finance ** low market cap ~$10M - riskier than most!**

Long
FTX:BAOUSD   BaoToken
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
Trade active
Trade active
Comment:
Forgot to add the text above...

The fractal - do you see it? (clue: purple circles)

What is it? It is price action breaking through the Gaussian channel and confirming support on the upper side. The rest is history. Look left.

This fractal is/has appeared on a number alt-tokens that have already popped and on some others it is entering back below the channel from above.

Trade active:
Support on the above chart confirmed.
Trade active:
4-day chart prints a monster Bullish engulfing candle. Stay long stay strong and you'll be rewarded with a 600% return on this one before the year end.

Trade active
Comment:
This obscure little token confirms a weekly reversal pattern on the BTC chart. The weeks ahead will not be dull.

Comment:
Nice solid breakout of past resistance resulting in a 60% move. Now wait for support confirmation at the orange line shown.

Comment:
Now 140%. Be careful, entering overbought area.



Comment:
Now 200%, Be extra careful! No sell signal yet, but certainly very overbought.

Comment:
300% !! - Still no sell signal on the daily...



However there is one on the 8hr

Comment:
If you see consolidation around the orange line, a long position is then possible if I'm not awake to update.

Comment:
Remember this one? Made an awesome return until the sell signal on the daily.

Daily has now printed a buy signal.

Trade active

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: www.patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.