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 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).
Wow! Could BAKEUSDT be ready for a bright future ahead?
If we analyze this chart from a liquidity perspective, existing buyers should now be stopped out of the market, creating liquidity for the banks to swoop in and buy up.
I am new to crypto analysis but a chart like this on forex would definitely spark some interest for me.
Traders, if you have your own...
*keep eye on bake*
*bake in best demand zone*
*break downtrend market and consolidate*
*if break key level and 4h candle close above it , soon it will pump hard*
*i marked best buying are in the chart*
*let's see what happen end next*
I AM NOT FINANCIAL ADVISOR
I Hope you are doing good crypto,
I would like to share you precious idea for huge profit. i hope you must grab it.
BAKE/USDT is almost ready to spike high so try to accumulate in part.
Long Position after breakout. keep eye on it.
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