Pullback to the previous uptrend, up to the range of 1.4Pullback to the previous uptrend
Re-growth up to the range of 1.4 to 1.6 and then falling to the base level of the previous wave.
In the 4 hour chart you can see the previous uptrend.
After falling from the highest point of the previous wave, the ascending wave of the previous wave pulse should be formed.
In the second wave, it will see price growth in the range of 1.4 to 1.6.
After completing this wave, it will fall to the base level of the first wave, ie around the price of 0.65.
Bakebusd
BakeryToken (BAKE) formed bullish Gartley for upto 48% moveHi 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
BAKE Massive falling wedge breakoutBAKE/USDT has broken out of a falling wedge reversal pattern on the weekly timeframe.
Having corrected all the way back to its opening price and into HTF demand zone, faking out the lows with pin bar candle close on the weekly.
Price has put in a higher high on the daily and could be the start of a new uptrend for this one, would expect to see it mitigate the first weekly supply zone and come back to the fresh weekly zone before continuing the uptrend and HH HL sequence.
RSI on 3D is reset having build up bullish divergence and taking support on the MA, always a great place to buy when RSI is oversold on the HTF and this is looking to be a great setup. MACD on weekly timeframe just produced bullish crossover with first green bar on the histogram with momentum coming back into the market as the last 2 weekly candles have been bullish.
Bake whalesBAKE has only one main problem.
134,000,000 million coins belong to three sleeping whales. All three bought their coins, in one click. But on different days. I marked the days and the number of coins on the chart. All three are in heavy loss.
Only 193,000,000 coins in circulation. Well, who will buy these whales? No one.
You can check all information on bscscan . For a long time I could not understand what was wrong with Bake.
BAKE will rise 240 % gains 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
No financial advice
BAKEBUSD SWING TRADE PLANIni swing trade plan di BAKEBUSD, WE ARE BAKING HERE!!!
#DisclaimerON
#DYOR
💥BAKE BREAKOUT - FALL TO $1.470 OR RISE BY 235% TO $4.80 & $7.2Please support this idea with a LIKE👍 if you find it useful🥳
As seen here on a daily TF, we have price broke out of the descending triangle and got itself into a symmetrical triangle.
Right now, market is indecisive whether to go long or to short.
Therefore, a downward breakout from the existing symmetrical triangle will make price fall to $1.470 and an upward breakout will push price by 235% to $4.80 and $7.20.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
Bake about to get sendEverything looks really bullish here. a good short term trade.
Long term setup is very solid. long term resistance is broken. been consolidating for few days might consolidate more before an epic burst.
My custom Multiframe Ichimoku cloud also about to be broken, hopefully!!
Hodl strategy recommended with some flexible stoploss. exit when setup fails.
WAGMI
BAKEBUSDNow in this chart i see Bearish Shark pattern.
and i spect the price reach this target( target 1 ) in 1 Mount.
Be careful .
BAKE / USDT — interesting moment …Hey , everyone !
We want to public some of our notes for today ; )
So , right now we can check the awesome massive downtrend line and local inverse head and shoulders !
If the coin will breaking out the downtrend line and will fixed above the line it will fly .
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We can try to take a position after breakout confirmation of this trend line with strict risk management because market is very extreme right now !
also BAKE + CAKE usually follow BNB ; )
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So , best wishes , guys !
Have an awesome profit .
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Visit other ideas of @Professional_Crypto_Analytics
And say something about what you think bellow ; )
BAKE - getting ready for a new take-off 🤔❓The BAKE/USDT chart shows a mixed picture.
The price is in a local symmetrical triangle, which breaks both up and down, as this is a cryptocurrency market, false breakouts often happen with such figures, you should keep that in mind. Up to this point, we see that every time there has been high volume at the top, this is a signal that the big players are locking in their positions. So we have to be prepared for a downside scenario and a liquidity collection at the bottom.
Second scenario: the price could break the upper boundary of the triangle and go to local highs.
A good time to buy is after a false breakout of the area marked below or after a breakout of the upper boundary of the triangle.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
BakeBUSDBakeBusd pair trend analysis and chart pattern on 4h period is positive, for mid term buying limit is 2.85 to 2.9 & selling target should be 3.160, lets see #DYOR
symmetrical triangle, EMA and MACD all are in positive position
Bake shows great potential to go up ATH ?Hi guys,
this is an analysis of my idea for BAKE , I think for the highest price it can go there. Sorry I'm late to upload it.
but there is still potential for BAKE to continue rising. please buy in the area closest to the support. I hope this helps you guys, thank you