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Baby Doge Coin/Tether

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BABYDOGEUSDT trade ideas

BABYDOGE/USDT Analysis in Daily 🌞HI 🖐 Babydoge has been able to grow well recently with its relatively low market cap. This incident has made his fans and holders extremely excited and became very viral and trending in social networks. As you can see in the chart, after hitting the 0.8 support area, BabyDog experienced a lot of buying pressure and started its upward spike movement, with the entry of large volume and the beginning of this upward movement, there was a gap (FVG) or price imbalance. (Imbalance) Despite this price gap in the support area of 2.5 and Fibonacci 0.382 has turned this area into a strong support area. Note: FVG can attract price like a magnet. Currently, the price has reacted to its resistance zone, there are two scenarios with high probability. Scenario number one: If the price can stabilize above the 3.7 resistance area, the next targets are expected to be 4.25 and 4.7. Scenario number two: Traders who bought at lower levels take profit in this resistance zone or exit their trade and drive the price to lower levels (2.5). Arztoday Team 💙
by arztoday
5
Babydoge Price Prediction 2022Babydoge Price Prediction 2022 A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contact points. this is because it needs at least two lows to connect, as well as two highs. Buying and selling pressure is equal, and the prevailing direction of price action is sideways. Horizontal channels form in periods of price consolidation. Buying and selling forces are similar in a horizontal channel until a breakout or breakdown occurs. Currently, Babydoge is at $0.000000001302 If the pattern continues, the price of Babydoge might reach the resistance level of $0.000000001800, If the trend reverses, then the price of Babydoge may fall to $0.000000001000 Happy Trading $$$$
Long
by TheNewsCrypto
11