BAKE has only one main problem.
134,000,000 million coins belong to three sleeping whales. All three bought their coins, in one click. But on different days. I marked the days and the number of coins on the chart. All three are in heavy loss.
Only 193,000,000 coins in circulation. Well, who will buy these whales? No one.
You can check all information on...
We expect BTC.D to create new lows which would be bullish for altcoins .
Bake will move higher , however breaking below the critical support is possible if BTC drops lower.
We expect BTC to reach the bottom soon and resume the uptrend therefore we expect BAKE to fake out below the support (if it does) and move higher from there.
Targets like in the chart
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As seen here on a daily TF, we have price broke out of the descending triangle and got itself into a symmetrical triangle.
Right now, market is indecisive whether to go long or to short.
Therefore, a downward breakout from the existing symmetrical triangle will make price fall to $1.470 and an...
Everything looks really bullish here. a good short term trade.
Long term setup is very solid. long term resistance is broken. been consolidating for few days might consolidate more before an epic burst.
My custom Multiframe Ichimoku cloud also about to be broken, hopefully!!
Hodl strategy recommended with some flexible stoploss. exit when setup fails.
Hey , everyone !
We want to public some of our notes for today ; )
So , right now we can check the awesome massive downtrend line and local inverse head and shoulders !
If the coin will breaking out the downtrend line and will fixed above the line it will fly .
We can try to take a position after breakout confirmation of this trend line with strict...
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 !
BakeBusd pair trend analysis and chart pattern on 4h period is positive, for mid term buying limit is 2.85 to 2.9 & selling target should be 3.160, lets see #DYOR
symmetrical triangle, EMA and MACD all are in positive position