Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

The bullish momentum of BARD has come a bit strong.



Just took a glance at the market, the 1-hour and 15-minute charts have both shown a MACD golden cross, and the moving averages are all in a long positions arrangement. Now the price is stuck at this key position of 0.74, and the short-term RSI indicators are all moving up, looking quite strong on the 4-hour level. Funds are flowing in, and if this momentum picks up, it could rise at any moment.

Let's take another look at the market data—buying depth is clearly surpassing selling depth, with the order ratio reaching 1.29, indicating a bullish sentiment in the market. The funding rate is in a positive inflow state, which shows that the long positions in contracts are indeed making a move. The overall long-short ratio across the network is stable around 0.57, suggesting that large holders are also following up.

I personally think this position can consider going long on BARD, with a take profit set at a relatively conservative 1.5%. Of course, with such large market fluctuations, stop-loss must be set properly, and position control shouldn't be careless. Opportunities are fleeting, so manage your pace.
BARD2.91%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)