I was just scrolling through FTX Perps yesterday and saw this chart. It looks like it could give very good ROI . I opened a "what the hell" LONG yesterday and took just 19% lol I should have let it ride all night. I wasn't expecting Bitcoin to take out it's previous ATH today. Now I'm just waiting for a "BUY" confirmation to re-enter.
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?
i like the look of the OBV pennant
confluence with the rsi breaking out of downtrend
bouncing off local demandzone
all the while price stuck in a bullflag
pandaswap just launched on bsc today
which is a good catalyst for this kind of setup imo
bullish.
stops at the demandzone/local bottom
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...
