The past few days, when the whole market dropped, BAKE experienced a slight drop. How BAKE will be Boolean?
According to BAKE, it has the ability to rise up to the specified supply range, but in this range, you can look for a sell/short position.
tp can be the range of Demand.
Closing a daily candle above the invalidation level will violate the analysis.
For...
From where we put a red arrow on the chart, it looks like the BAKE correction has started.
This correction appears to be a diametric, whose wave D is now ending.
We expect the red range to maintain and drop downwards.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital...
#BAKE
The price was pushed strongly to achieve 1-fold and is currently being corrected
For the rising trend level around the 0.3000 area
It is expected to rise again
First target 0.4217
Second target 0.5657
#BAKE
The price is moving in a downward channel, 4-hour frame
The price adheres to the limits of that channel
We have oversold conditions on the MACD indicator
Current price 0.3047
The first goal is 0.3200
The second target is 0.3366
The third goal is 0.3572
The point about the bake chart is that wave c of this diametric is extended and we need to add a small wave to wave c.
The update of this diametric pattern is as shown in the picture
It seems now, we have just entered the g wave. We need confirmation and trigger for the drop after the g wave
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the BAKE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BAKEBTC has recently demonstrated strong support within the 61.8% Fibonacci level, affirming the significance of the demand zone. This was further reinforced by the price breaking above the downtrend trendline, confirming the presence of an ongoing uptrend. Consequently, the likelihood of a continued price ascent is notably high, with BAKE potentially targeting...
💎#BAKEBTC is currently exhibiting robustly bullish price dynamics. A keen examination reveals a recurring pattern: the price consistently breaches the downtrend trendlines on the daily chart, signaling a sustained long-term uptrend.
💎At present, the price finds itself sandwiched between the supply and demand zones, predominantly trading at the lower boundary of...
◳◱ A Resistance Breakout has been identified on the $BAKE / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00000392 | 0.00000405 | 0.00000441, and the major support zones can be found at 0.00000356 | 0.00000333 | 0.00000297. Consider entering at the...
Hi dear friends, hope you are well and welcome to the new trade setup of BakeryToken (BAKE) with BTC pair.
Previously we caught almost 50% pump of BAKE as below
Now on a 4-hr frame, BAKE has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the BAKE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
◳◱ We've detected a Falling Wedge pattern on the $BAKE / $BTC chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance key levels are at 0.00001043 | 0.00001242 | 0.00001555 and the major support zones are respectively at 0.0000073 | 0.00000616 | 0.00000303, We may consider buying at the current price zone at...
Hi dear friends, hope you are well and welcome to the new trade setup of BakeryToken (BAKE)
On 2-hr time frame, BAKE is about to complete the final leg of a bullish Cypher move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BAKEUSDT like many coins is currently forming a bottom.
You can accumulate in the range (for spot trading) and sell when it reaches target.
If you trade on futures, better wait for BAKE to retest lows which may not happen as many altcoins already formed their bottoms and Bake is just lagging behind.
We expect the rise in the next weeks.
same story like i posted with DODO recently, market looks healthly and after so many red weeks we should get at least one or two green one... BAKE is Binance coin and there is a chance CZ will pump it. TA is very good here. BTC must stay without any bigger drops...manage your risk
not a financial advice
◻️BAKE has updated new lows.
◻️To disassemble from the technical side: We have a level, $0.2...when fixing it, it is better to exit the position and consider another entry point.
◻️You can set a limit order for $0.21
💡 Take a 5% deposit into the deal.
◻️Stop loss? when the daily candle closes below $0.2, you can exit the position.
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⏳ Spot
💎 BAKEUSDT has been moving along the descending channel. It has got rejection from the support line. If it breaks above the symmetrical triangle we can expect a retest and then a Bullish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 2.000
☕️ TP1 2.370
🍺 TP2 2.666
🍻 TP3 3.200
🍾 TP4 _____
🍷 TP5...
![BAKEBTC: $BAKE/#BTC [#BakerySwap]: Falling_Wedge](https://s3.tradingview.com/2/2XNQg95q_mid.png "$BAKE/#BTC [#BakerySwap]: Falling_Wedge")
