BAKE Bullflag formationBINANCE:BAKEUSDT
Bake recentlybroke out into parabolic up rise. Currently forming a bull flag through consolidation.
2 possible scenarios;
#1) Break out above trendline and continues up rise to 10$
#2) Completes full retracement down to golden pocket (dotted lines) and then starts next parabolic wave to $10
All tokens, depend on BTC.d and BTC. If BTC dump, market follows. We are in alt season so BTC.D doesnt have as strong impact but must keep on watch for all trades, any setups or TA can easily be dismissed when BTC dumps or when BTC.D increases.
For Bake, entry would be best to accumulate (DCA) at lower double bottoms. Can use the Fib lines as buy zones, best to DCA and spread your buy orders along lower fib lines. Can still retrace further down or can change and resume up rise.
Indicators: Volume, divergence, trendlines.
My entry was just above $1. I took 50% profits under $5 and de-risked 100%, now its riding 100% risk free for remainder of bull run.
If price comes back lower to $2-3 area, I will buy more and add to my Bake bag.
Targets always just before Fib Lines; take profits BEFORE those fib lines and BEFORE those psychological numbers ei $10.00
Not financial advise, just sharing my thoughts and hope you can succeed from my shared ideas.
Feel free to leave comments, hit like to show support and if you manage to hit targets from these ideas, please let us know.
Tips are always welcomed :)
Thank you for viewing, sharing and safe trading to you all!
Bake
BAKEBUSD BAKE COIN CHARTBAKEBUSD
BAKE BINANCE CHART UPDATE
IF YOU WANT TO BUY THEN WAIT FOR DIP
BAKE COIN IS GOOD FOR LONG TERM
TARGET :- 10 - 15 - 20 ++
BAKE BUSD Is Forming CUP & HANDLEHello,
it seems Bake Busd is forming cup and handle keep an eye on the breakout guys it may take the price to 1.6 Fib pocket.
Cheers
🥯 BakerySwap (BAKE) Cup & Handle ☕Bake appears to be plotting a bullish cup and handle pattern with the handle due to breakout anytime soon. Once breakout is confirmed, we should see Bake soaring past $2.
Please like and follow if you found this idea helpful - Thanks! 🤑
**** Not Financial Advice - Always DYOR! ****
BAKE / BUSDBAKE is going to make a move. Watching if it can hold the support line (prior resistance) at around 1.25.
If this breaks to the downside, next stop would be 1$ area.
If it breaks to the upside - 1st stop - 1.90s, 2nd - 2.25, 3rd - 3$.
A lot will depend on the BTC situation as well.
BAKE 🔥 me!Guys, it's pumpseason and I would say that the BakeryToken is going to have another pump soon !
BAKE already broke up this triangle and backtested it's upper edge, so I think there is chance for run to 3.23 and even more. I bought @ 1.267, just publishing bit late, but it can still drop to this level again anytime...or it can just fly straight away. On Binance, the BAKE is not even in USDT pair yet, so this is early bird and potential X-bagger, aye?
SL : local low
TARGET : height of the triangle projected from midpoint of the local range (BUY - SL)
RRR : 5.5
INVALIDATION : when SL level hit
Like & Enjoy!
BAKEBUSD Ready to fly.If BAKE manages to break this triangle on the upper side, we might finally see some uptrend. The fact that BTC and BNB are both recovering from the dip helps for sure.
cheaf soli is here lets bake cake 😂IDK whats this coin about and this analysis is only technical
it could be good after breaking 30m trend line
BAKE Trading IdeaNot financial advice, DYOR bla bla.
First time posting an analysis here (mainly beacuse it’s the first one i spot by myself, not too much free time)
I predict Bake is going to have the same pattern for the last time before changing behavior.
1.75-1.80 is a good entry point imho
2.00 First target
2.25 Second target
2.50 min last one, too risky going forward.
Good luck y’all, stay safe.
BAKE / BUSDLooks like it's time for the BAKERY TOKEN!
$BAKE has finished it's accumulation and established support on the daily at 0.82-1 area.
It has stopped making lower lows and broke to the upside today.
Marked are key resistance levels which should become support after it manages to pass them.
Good looking bullish long term pattern - forming giant cup.
Also a mid-cap project, approx. 300k market cap at the moment. Trading on Binance.
BAKEBUSD LONG POSITION UPDATENow in this chart i see bearish AB=CD pattern.
I Sell 50% this position and I keep another 50% to moon.
Be careful.
BAKEBUSDHello to you all. Mars Signals team wishes you high profits at all times.
The price has experienced a good fall. We have drawn a support line for you dear ones. Those who want to make sure to buy can make a purchase for the specified targets when the price hits the support line and starts moving upwards.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
BAKE BUSD
*** This is just for educational purpose, not an investment advice. I am not an finacial advisor, I am just sh9aring my own analysis.
Thanks for watching. Follow if you like.
$BAKE #BAKE #BAKEBUSD BULL RUN HAS JUST STARTED DO NOT MISS UPBULL RUN HAS JUST STARTED DO NOT MISS UP
$BAKE #BAKE #BAKEBUSD BIG FLY TEST WILL ALMOST STARTTIME TO FLY AND GET READY TO FLY TOGETHER WITH BAKERY POWER
IT WAS ACCUMULATING SINCE LONG PERIOD AND WILL START TO MOVE UP
BAKE/BUSD BINANCE4H hollow candlesticks.
Price breakout anytime soon.
BakeryToken Price (BAKE) = $1.17 +6.50%
0.00001997 BTC3.59%
0.0006359 ETH4.43%
Good Luck
CryptoHellas Team
BAKE heading to accumulation zoneBAKEBNB is reaching the accumulation zone.
Good opportunity to buy under .0037.
TP1 target for short-term, while TP2 mid-term depending on how fast project's development goes.
You can now stake $SOCCER NFT to farm $BAKE.
