Is BakeUSDT Ready to Skyrocket, or Will It Collapse? Yello, Paradisers! Have you been watching #BakeUSDT's impressive uptrend over the past few days? It's been making some solid gains, but is it about to face a critical turning point? Let's dive into the details.
💎#BakeUSDT is now sitting on a key support level, which was previously a resistance zone. This support aligns perfectly with the Fibonacci retracement levels of 0.618-0.66, suggesting a strong probability of an upward move from here.
💎If the support at 0.2605-0.2527 holds, we could see BakeUSDT pushing higher, first facing resistance at 0.2927. Beyond that, the next crucial resistance levels are 0.3109 and the stronger resistance at 0.3342.
💎However, if BakeUSDT fails to hold this support, the price may drop to the bullish order block around 0.2359.
💎Beware—a close below 0.2250 on the 4-hour chart would invalidate the current bullish trend.
This is a make-or-break moment for BakeUSDT. Whether you’re bullish or bearish, keep these levels on your radar. Discipline and patience are crucial right now. Remember, the market doesn’t reward hasty decisions. Stay sharp and make sure your strategies are aligned with these key levels.
Strive for consistency Paradisers, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
Bakebusd
BAKE Technical Analysis in a 2-Day TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
BAKE is at the resistance trendline of $0.33 and is attempting to break out. The 50 EMA provides strong support for BAKE, and if it continues to hold, we could see a bullish move soon.
With 18 hours left for this 2-day candle to close, BAKE needs to close above the resistance trendline for a bullish reversal.
On the downside, if BAKE gets rejected, the 50 EMA serves as the first line of support, followed by the lower support range between $0.1653 and $0.2226.
Key levels:
- Resistance: $0.333
- Primary Support: 50 EMA ($0.2995)
- Lower Support: $0.1653 to $0.2226
- Target: $0.9062
DYOR, NFA.
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Bake ideaBake chart is very difficult but now its very clear to me as you can guess the moves after watching my chart. As C H o C H was done thats why will look for only longs in perfect poi. As poi is marked onto the chart so its clear that this is the zone for long position but question is at which entry point. For that i used fibb. levels.
BakeryToken (BAKE) completed a setup for upto 46.50% pumpHi 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 stop loss, and don't get stuck with trade.
We are currently in an upward trend (BAKE)❤️❤️Thanks for boosting 🚀 and supporting us!
📈We are currently in an upward trend, and this trend needs a small correction to go again.
📊 (Buy) :0.260
🔴 Stop Loss : 0.2055
🎯 Take Profit : 0.324-0.416-0.459
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
Watch List Oct 07 2023 No.1 BAKEUSDT.PBAKEUSDT is in a very bullish trend
Watch for the consolidation and possible further upward move
Signal: Green * N
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities
Bake dump scenario #Bake , in 1hr time frame red trendline is broken which makes bake Bearish. By following blue arrow, price will go down to the red trendline then it will form a head n shoulder pattern. If that head n shoulder pattern break downs then price will go more down to the bottom red trendline.
All this analysis will become invalid if bake price goes above the black line.
BakeryToken (BAKE) formed bullish Gartley for upto 11% pumpHi dear friends, hope you are well and welcome to the new trade setup of BakeryToken (BAKE) with BTC pair.
Previously we caught almost 50% pump of BAKE as below
Now on a 4-hr frame, BAKE has formed a bullish Gartley move for the next price reversal.
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.
BakeryToken (BAKE) formed bullish BAT | A good buy opportunityHi 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
BakeryToken (BAKE) forming bullish Cypher for upto 11.50% pumpHi 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
BAKE : THE BREAKOUT ALERT TO 0,38 USD Bake showing on more ways the possible breakout coming time to 0,38 and above.
This depends on different ways of trading.
This channel is made to scan possible breakouts. and we will see how BAKE will affect the coming time.
Like and follow for more updates as this❤️
BAKE : 3 TARGETS FOR BREAKOUT HIGH TARGET 0,44Since the spot investment today on Bake it makes this coin for day trading interesting.
When we have it about spot investment, it means a whale investments - what this means exactly we will see it coming time.
Technically it seems also interesting.
Like and follow for more updates as this❤️
BAKE great R:R with current weekly candlesame story like i posted with DODO recently, market looks healthly and after so many red weeks we should get at least one or two green one... BAKE is Binance coin and there is a chance CZ will pump it. TA is very good here. BTC must stay without any bigger drops...manage your risk
not a financial advice
BAKE - The way strong trades should look like!Reasons to take long:
⭐️ BTC locally bullish
⭐️ Accumulation 11 days
⭐️ Level visible on multiple timeframes
⭐️ Level is 11d old
⭐️ We are in the end of formation
⭐️ 4th touch
⭐️ No significant pullback after the last touch
⭐️ Under VWAP
⭐️ 30 ATR
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones