Baotoken
BaoToken (BAO) • Trade IdeaBAO is starting to look like is at a buy range. The downtrend basis might be broken soon and even retested at lower level but this coin has been on considerable correction for awhile. The only thing still missing is significant volume bakcing up uptrend but those 4h and D wicks are looking promising.
RSI (signal) is at extreme low levels like in the past and this time printing a bullish divergence increasing the probability and conditions for bounce from here. Assuming that Bitcoin will start marking up there is good chance that so will BAO.
Check my video analysis for my thoughts on this token.
BaoToken (BAO) • Beaten up FTX coin with potential upside Bao is another low cap coin available on FTX with currently no buzz (often come AFTER it pumps). The technicals are starting to look good. Great chance we start seeing soon the breakout of the downtrend assuming that Bitcoin will return to growth. Check video for my thoughts on it.
BaoToken (BAO) ready to blow! +177% profit potential!BAO looks like it's ready to blow.
Reasons to buy:
-High timeframe bullish divergence
-It has dipped into the accumulation zone a number of times and the last time it was bought up quickly
-Volume has increased significantly
-10EMA crossed above 20EMA showing strength
Buy and hold - 177% gains might just be the start.