Badger DAO is an open-source, decentralized, automated organization dedicated to building products and infrastructure that make it easy to use Bitcoin $BTC as collateral across many smart contract platforms.
The platform is a shared space where developers, known as Badge Builders, have the opportunity to collaborate and implement Bitcoin as collateral for as many blockchains as possible. The developer can receive a percentage of commissions and BADGER tokens from the developer mining pool for each implementation. The main network launched on December 3, 2020.
🛠 What about technical analysis?
The coin was listed on the largest exchanges in March 2021. During this period, the coin fell by -96%. Starting November 2023 A large volume began to enter the coin. On the weekly time frame, the RSI has already entered the overbought zone (74), but this is normal for a bull market. Short-term correction risks are high, but the upside potential is very high. The strongest support level is $2.8 - this is where the large volume entered. This level will only be tested in the event of severe market stress. It makes no sense to place a stop on a trade, since it can be easily taken away; enter the trade with a reasonable volume.
💼 Buying Badger for your average daily portfolio.
🔎 Ticker: $BADGER
✳️ Entry price: $6.9
🛡Stop loss: it is better to take a deal without a stop in investment
💼 Volume per transaction: up to 2% of the crypto portfolio.
🎯 Objectives:
$13.8 (in the coming months);
$28.3 (until the end of September 2024)
$59 (until the end of 2024)
📈 Transaction growth potential: up to 700%
A medium-term portfolio will outperform any trading strategy in terms of profitability, so I carefully assemble my portfolio. In it I bet on crypto, raw materials and metals. There are a bunch of new ideas with great potential ahead, subscribe 🚀
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