Image of BID
BIDBiDao
$0.0001184
0.77%
1D

BiDao Analysis

Investment Score
A quick view into BiDao's investment prospects.
6.2

The chart is fairly balanced right now, so waiting for stronger confirmation still makes sense.

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • Value Area Re-test: Price is trading below the lower Bollinger Band, historically a mean-reversion opportunity when broader trend support holds.
Main risks
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
  • Price is trading below the Ichimoku base line, which suggests the broader structure is weakening.
Market State Summary
Current regime
Sideways Quiet
Confidence: 58%
Why this state?
  • BID is below SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Sideways Quiet regime, the best-fit approach is Range trading / mean reversion. The market is balanced and relatively calm, which tends to reward mean-reversion behavior and range trading more than breakout chasing.

Trend
Sideways
BID is caught between bullish and bearish trend signals.
Momentum
Oversold
RSI is 28.29, which points to stretched downside momentum.
Volatility
Quiet
BID ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0001260 - $0.0001317
Support zone
$0.0001113 - $0.0001146
Chart Patterns
SMA50
SMA100
SMA200
RSI
Oversold
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

BiDao support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.0001113 - $0.0001146
Resistance zone
$0.0001260 - $0.0001317
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.0001113 - $0.0001146
Support 2$0.0001009 - $0.0001045
Support 3$0.00009828 - $0.0001009
Support 4$0.00009013 - $0.00009470
Resistance 1$0.0001260 - $0.0001317
Resistance 2$0.0001322 - $0.0001355
Resistance 3$0.0001403 - $0.0001436
Resistance 4$0.0001471 - $0.0001504
Scenario Analysis
Bullish scenario

BID clears the resistance zone at $0.0001260 - $0.0001317 and holds above it. That would strengthen the breakout case and shift attention to $0.0001322 - $0.0001355.

Bearish scenario

BID loses the support zone at $0.0001113 - $0.0001146. That would weaken the setup and open the way toward $0.0001009 - $0.0001045.

Neutral scenario

BID continues trading between $0.0001146 and $0.0001260. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.0001291
Bearish
BID is trading below the 50-day average.
SMA200
$0.0001184
Bullish
BID remains above the long-term trend line.
EMA50
$0.0001259
Bearish
BID is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.0001281
Bearish
BID is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
28.29
Oversold
RSI (14) is depressed at 28.29, which suggests downside momentum may be getting exhausted.
Stoch RSI (14)
5.23
Oversold
Stoch RSI (14) is low at 5.23, which shows momentum is pressing near its recent lower extreme.
MACD
-0.000002783
Bearish
MACD is below its signal line.
ATR
2.17%
Quiet
Volatility is below its 180-day median.
VWMA
$0.0001346
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-180.41
Bearish
CCI (20) is weak at -180.41, which shows price is trading well below its recent average.
Awesome Oscillator (5, 34)
$-0.00001255
Bearish
Awesome Oscillator is below zero at $-0.00001255, which supports bearish momentum.
Williams Percent Range (14)
-80.63
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -80.63.
Bull Bear Power (13)
$-0.000009012
Bearish
Bull Bear Power (13) is negative at $-0.000009012, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
36.60
Neutral
Ultimate Oscillator is at 36.60, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.0001181
Bullish
BID is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0001346
Bearish
BID is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to BiDao

Over the past 7 days, BiDao price was most positively correlated with the price of Decred (DCR), Flare (FLR), OKB (OKB), Immutable X (IMX) and Cosmos (ATOM) and most negatively correlated with the price of LEO Token (LEO), Pyth Network (PYTH), Basic Attention Token (BAT), Monero (XMR) and Injective (INJ).

Positively Correlated Currencies
NameCorrelation
Image of DecredDecred0.926
Image of FlareFlare0.898
Image of OKBOKB0.883
Image of Immutable XImmutable X0.866
Image of CosmosCosmos0.859
Negatively Correlated Currencies
NameCorrelation
Image of LEO TokenLEO Token-0.818
Image of Pyth NetworkPyth Network-0.720
Image of Basic Attention TokenBasic Attention Token-0.708
Image of MoneroMonero-0.661
Image of InjectiveInjective-0.471

BiDao price is positively correlated with the top 10 coins by market cap with a price of 0.374, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.528. Currencies that are positively correlated with BiDao indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with BiDao, a move in one direction for BiDao would translate into a move in the opposite direction for the negatively correlated coin.

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