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Bidao

BIDAO- Starting to find some Momentum.Bidao has finally found some momentum and seems to be consolidating well. Now looking for a further break from trend to indicate more bullish momentum. 2 zones I'll be watching for some sort of change are indicated. (ellipses) A listing on Binance or other major exchange would do wonders for this project and although early on we saw information that this was supported by Binance and would use BNB as an optional collateral there has been no indication that this will progress. Since Bidao launched, Binance has worked on it's own projects and partnerships doing similar things within the space so the delay in seeing a listing has probably caused some hesitation. Despite this fact, the project seems bullish to me and the charts are still looking positive over a tough few days in the market. Although Bidao does have a reasonably strong community there doesn't seem to be as many ridiculous posts about anticipated price targets. The community seems to just be quietly confident without spruiking everyday which is a welcome change from many other contenders. With beta Testnet now being trialled I think we will see some positive things from Bidao over the coming months. As always, not financial advice Just my thoughts and TA. would love to hear some other opinions on the project so feedback welcomed. Bingaz
BLong
by Bingaz
BIDAO The great green arrow , fire and forget 10000% playWhat is better than 1 blockchain? ALL THE BEST BLOCKCHAIN COMBINED. And here is it BIDAO. The first serious European crypto made in Germany and that will eventually open the EU market to the DeFi. You can see all the partnerships and project detail on the main site: bidaochain.org "Blockchain Agnostic" Blockchain agnosticism adds another layer of decentralization into Bidao’s stablecoin system. We aspire to create a new standard for digital money, where anyone can mint stable priced coins without requiring to have a specific crypto asset. With powerful partners that let us integrate their tokens to use as collateral, the goal of Bidao is to keep expanding the possibilities of a decentralized stablecoin model. I expect that when they will announce further parternerships with major exchanges and crypto project the value shall rocket. BIDAO was recently launched only recently and only on the Poloniex exchange for now, you can register and buy BIDAO with commissions discount using this referral link poloniex.com REMEMBER, U SAW IT HERE FIRST!
BLong
by Ankel-ssj
6
Bidao - "The Sleeping Giant"- Beta Testnet Now in Trial Phase. For those HODLR's of Bidao we are starting to see some bullish momentum. Bidao has remained stagnant during this bulish alt push and has some catching up to do but with fresh news of the Test Net and it's capabilities within the DEFI space I think we will start to see some solid gains in the coming weeks. There are no targets set. If there was a top resistance it would currently be about 4c USD but I can't imagine anyone selling off entire stake's at that point. This is a HODL coin for 2021 and reap the benefits later on. Aggressive entry still remains at or below ICO price of 1c USD. Hopeful that the previous resistance can become support but we have fallen through it before so look for stability if we retrace to the .014ish mark before buying up more. As always, not financial advice just my thoughts and TA. Bingaz.
BLong
by Bingaz
3
#BidaoUSD Could Double From This Inverse Head and Shoulders!What is Inverse Head And Shoulders? An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs. What Does an Inverse Head And Shoulders Tell You? Investors typically enter into a long position when the price rises above the resistance of the neckline. The first and third trough are considered shoulders and the second peak forms the head. A move above the resistance, also known as the neckline, is used as a signal of a sharp move higher. Many traders watch for a large spike in volume to confirm the validity of the breakout. This pattern is the opposite of the popular head and shoulders pattern but is used to predict shifts in a downtrend rather than an uptrend. Source: www.investopedia.com What is Bidao? BiDao is a new blockchain system that creates a trustless stablecoin and a new decentralized financial tool that allows leveraged trading in a trustless setup... In the beginning, BiDao will be completely integrated with the Binance Blockchain and BNB will be used as the collateral. After Bidao's ICO, The coin quickly 5xed, but since has come back down to 1 Cent Level Inverse Head and Shoulders Could Bring Prices Back Over 2 Cents 💠Keep #ContemplatingCrypto 💠Check Out The Crypto Collective For More Signals & Copy Our Long Term Portfolios💠 💠 Thanks For Your Support! Like, Comment and Follow Us for More!
BLong
by contemplatingcrypto
BiDao very weak at the momentAt the moment BiDao has lots of sells, liquidity and volume on Uniswap is getting weaker everyday and people are more likely to sell, but there are still folks out there that accumulate BID, which still does not have a huge impact. Time will tell what happens next, if BID does not get more liquidity and more exposure to major exchanges it might even go lower and lower. Another problem is that there is not enough data to analyse completely. I'll get back to BiDao in a month or two.
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by chincrypto