The BAKE/USDT chart shows a mixed picture.
The price is in a local symmetrical triangle, which breaks both up and down, as this is a cryptocurrency market, false breakouts often happen with such figures, you should keep that in mind. Up to this point, we see that every time there has been high volume at the top, this is a signal that the big players are locking...
My name is Ayush i am from india and i love trading ! as you can see here in the chart we are forming a bullish symmetrical triangle pattern . These are the breakout target. This is a simple chart ! follow for more !
BAKE forming a symmetric triangle that is now heading towards the decision zone. BAKE is one of the major exchanges for the Binance chain. We will see a good rally after the breakout.
Buy Zone: $1.95 - $2
Target: $2.2 - $2.45 - $2.7 - $2.95 - $3.3 - $3.75 -$4.1 - $4.5 - $4.9
*This is not a financial advice, trade at your own risk*
This is all based on speculations and observations I'm making since February
I think that If BAKE repeats the last cycle, we will see a 500% profit in about 46 days, which will be also closer to the next BNB burn that tends to pump BAKE as well, either way I'm holding all my BAKE tokens still, hoping for a...
Not financial advice, DYOR bla bla.
First time posting an analysis here (mainly beacuse it’s the first one i spot by myself, not too much free time)
I predict Bake is going to have the same pattern for the last time before changing behavior.
1.75-1.80 is a good entry point imho
2.00 First target
2.25 Second target
2.50 min last one, too risky going...
As per my last idea (attached below), we were waiting for a new swing high to form around our upper red trendline to consider it our new trigger swing then buy on its break upward.
BAKEBNB formed that new swing high but before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
Trigger => Waiting...
As per my last video analysis (attached below), we were waiting for a new swing high to form around our upper red trendline to consider it our trigger swing then buy on its break upward.
BAKEBNB formed that swing high but then traded lower to form a new lower low. so our old trigger is no longer valid.
BAKEBNB is still sitting around a strong demand...