The chart you've shared for BAKE/USDT on the daily timeframe offers a comprehensive analysis of BAKE's price action, highlighting key resistance and support levels and incorporating the MACD and RSI indicators. Here's my detailed analysis:
Current Situation
Price Level: BAKE is currently trading at $0.3488.
Recent Price Action: The chart reveals a volatile but...
Based on the provided market data, the BAKE/USDT pair is currently priced at $0.1470.
Looking at the 4-hour chart, the Relative Strength Index (RSI) is at 75.64, which is typically considered overbought. This could indicate potential for a price drop or correction in the short term. The Moving Average Convergence Divergence (MACD) is at 0.0032, which suggests...
It is one of the most promising symbols. We have dynamic resistance break and reliable structure failure. After seeing the first target, place a stop at the entrance.
Welcome to this quick bake/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- BAKE/USDT Broke out of the triangle and retesting. Expecting 7% to 10% soon.
Entry:-cmp
Traget:- 7% to 10%
Stoploss:-1.92$
Remember:-This is not a piece of financial advice. All investment made by me is under my own...
