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
Bake did surprisingly not surpass the previous resistance level at 2.10 USD.
I see this however as a great buy-in change.
Bake is currently struggling at the support level of 1.85 USD.
I see two ways this is going:
1) (green line) BAKE will bounce for a while at the current 1.85 USD level and then continue the run towards the upside.
2) (red line) WORST CASE:...
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TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
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 is having a good opportunity to start a new rally up to 2$, 2.3$, 2.9$ and 3.4$ zones in this October. But if it loses 1.7$ zone, it will come back 1.4$ zone again
♻️Condition : If 1-Day closes ABOVE 1.7$ zone
🔴Buy : 1.7$
🔴Sell : 2$ - 2.3$ - 2.9$ - 3.4$
♻️Condition : If 1-Day closes BELOW 1.7$ zone
🔵Sell : 1.7$
- BAKEUSDT hit an swing and retraced to the key fibonacci retracement level.
- Price is currently ranging in a rectangular consolidation pattern.
- This rectangular consolidation pattern is known as the accumulation phase (Wyckoff method).
- The accumulation phase is a pre uptrend phase (bullish build up pattern).
- There's a breakout potential.
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%
I'm totally neutral but there's absolutely something appears there. (Neutral...yeah I guess)
Bake had significant gain against BNB. We all know the BNBs performance right :D
It's currently at a critical level. Need to watch for a while then take your own risk.
BAKE has conquered the $2 zone and is heading towards the $2.6 and $3.2 zone. However, if it loses the $2 zone again, it will fall back to the 1.6$ zone
🔴Buy : 1.95-2.05$. SL if B
🔴Buy : 2.55-2.65$ if A. SL if B
🔴Sell : 2.55-2.65$. SL if A
🔴Sell : 3.12-3.28$. SL if A
🔵Sell : 1.95-2.05$ if B. SL if A
🔵Buy : 1.56-1.64$ if A. SL if...