$BABY
An upward pattern: the downtrend line was broken for 3 months on the daily timeframe; the Bitcoin staking name at the base. ๐
๐ Current: 0.01417$, +6.06%, in 7 days +15.8%, first close above the line since July
๐บ The line from the 0.016 peak in July was confirmed four times; the fifth touch broke it with the biggest green week since listing
๐ Market cap: 61M$ vs 3.4B$ TVL; Bitcoin staking category, 55x TVL to market cap
๐ Same setup as $ZAMA ; TVL was 70M vs cap 150Mโalready cheap. BABY had TVL of 3.4B at 61M
๐ก๏ธ Stop loss -20%, โbuy and holdโ scenario; the fundโs target is 0.12
A 92% drop from ATH. Babylon has just provided local BTC collateral for Aave V4. ๐ฏ
๐ป #baby #BitcoinStaking #cryptotrading #TechnicalAnalysis
๐ Sharing only personal views
Not financial advice or a buy/sell recommendation. Crypto assets are extremely high risk; do your own research (DYOR) and take full responsibility yourself. No promotion of any coin
Please follow
An upward pattern: the downtrend line was broken for 3 months on the daily timeframe; the Bitcoin staking name at the base. ๐
๐ Current: 0.01417$, +6.06%, in 7 days +15.8%, first close above the line since July
๐บ The line from the 0.016 peak in July was confirmed four times; the fifth touch broke it with the biggest green week since listing
๐ Market cap: 61M$ vs 3.4B$ TVL; Bitcoin staking category, 55x TVL to market cap
๐ Same setup as $ZAMA ; TVL was 70M vs cap 150Mโalready cheap. BABY had TVL of 3.4B at 61M
๐ก๏ธ Stop loss -20%, โbuy and holdโ scenario; the fundโs target is 0.12
A 92% drop from ATH. Babylon has just provided local BTC collateral for Aave V4. ๐ฏ
๐ป #baby #BitcoinStaking #cryptotrading #TechnicalAnalysis
๐ Sharing only personal views
Not financial advice or a buy/sell recommendation. Crypto assets are extremely high risk; do your own research (DYOR) and take full responsibility yourself. No promotion of any coin
Please follow
