Hello traders, this is my idea on BAO/USD support and resistance levels
We have the support area , Higher Lows trendline and resistance area. If price holds the support area and HL trendline it should try to flip the resistance area into a new support area.
Also notice how the price is making Lower Lows since 10.09`21 till 16.10.`21 but the RSI is making Higher...
Bao Finance has been in a consistent downtrend for around 36 days now, extremely similar to the previous downtrend breakout pattern that lasted 39 days. Will we see a similar reaction?
this exceptional altcoin is going to have a great year
one of the few coins i fully researched
docs.bao.finance if anyones curious
fundamentals genuinely stand out to me, recognised by @ftx and @alameda and now available as collateral on ftx for perp futures
(recognised as hard currency)
not on many exchanges yet (tick)
tokenomics are magical (tick)
active...
pricetargets are ATH ether value
1st target is january high
R/r 8
im farming this coin so im biased, but the project seems to have alot of momentum and plenty of activity in the works
cross chain asset
APYS being offered are also very tasty bao.finance
