#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
Hi dear friends, hope you are well and welcome to the new trade setup of BakeryToken (BAKE) with US Dollar pair.
Recently we caught almost 316% massive pump as below:
Now on a 4-hr time frame, BAKE has formed a bullish BAT move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the...
Hi dear friends, hope you are well and welcome to the new trade setup of BakeryToken (BAKE) with US Dollar pair.
On a 1-hr time frame, BAKE has formed a bullish BAT move for a bullish reversal move soon.
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
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
Hi dear friends, hope you are well and welcome to the new trade setup of BakeryToken (BAKE)
On a 2-hr time frame, BAKE has formed bullish Gartley pattern.
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
Fundamental Analysis:
Launched in September 2020, BakeryToken (BAKE) is a part of the BakerySwap ecosystem. Liquidity providers are rewarded with BAKE tokens which can be used to earn a share of BakerySwap’s trading fees and to participate in voting as part of BakerySwap’s governance process.
BakerySwap is a decentralized automated market-making (AMM) protocol...
#BAKE/USDT
$BAKE broke out from falling wedge pattern.
🐮 after pullback to support zone and broken line, it can head up to resistance zone around $1, and target of falling wedge is around resistance zone between $1.9 and $2.2.
🍪 BAKE
👨🏻🏫 BAKE need recovery soon. Is it -85% since May.
💥 Broken 8h resist, so we can expect attack up to resist in green zone.
⛔️ Under the yellow line it will be bad again. So you can put SL aroun 0.991.
✅ Target 30% from now (1.2 entry).
#BAKEUSDT
$BAKE broke out from descending resistance line and confirmed it as support, price will head up toward the resistance zone around $3, and if success to break out this zone, for completing double bottom pattern will touch $4.9 (that is around 140% increase)
if price break down from ascending support line the bullish scenario will be invalid.
ANALYSIS 🔎
- BAKEUSDT is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@1.4342).
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
-...
Bakery Swap looks bottomed here, a last leg-down to demand zone would let us enter, then a bounce toward upper-line of the wedge.
Current Price= 0.0000524
Buy Entry= 00.0000505 - 0.0000475
Take Profit= 0.0000610 | 0.0000691 | 0.0000832
Stop Loss= 0.0000394
Risk/Reward= 1:1.25 | 1:2.09 | 1:3.56
Expected Profit= +24.49% | +41.02% | +69.80%
Possible Loss=...
BAKE/BUSD BINANCE
4H hollow candlesticks.
Price breakout at the end of asymmetric triangle.
Support and Resistance levels shows as horizontal lines.
Steady volume.
BakeryToken Price (BAKE) = $1.13 -6.56%
0.00001914 BTC5.35%
0.0006173 ETH6.71%
Good Luck
CryptoHellas Team
There is hardly any analysis behind that... Simply random pattern matching (extrapolating pump waves into the last one).
However, is it likely to happen? Maybe, if the circumstances were perfect... Huge BTC pump, then movement sideways for alt-season to accelerate.
We would have to see some interesting projects appear on BakerySwap as well.
It could turn out to...
