Bake Breakout Imminent? Following weeks of consolidation in a pennant, Bake is reaching the point where it needs to make a key decision.
With it respecting the lower trendline stretching back to February and bullish divergence, I'm expecting Bake to breakout towards $2.75 in the coming days.
With there being so much negative speculation/FUD with BTC at the moment, a BTC sell off could for the first time drag Bake beneath trendline.
So long as BTC remains stable, I expect this bullish scenario to play out.
Remember always DYOR, keep an eye on BTC, always use a stop loss and this is not financial advice (NFA)!
Please like and follow if you found this idea helpful, Thanks! 🤑
Bakeusdt
BAKEUSDT Has Broken Above a Major Resistance
Welcome back Traders, Investors, and Community!
Hi Traders, BAKEUSDT on H4 has broken above a major Resistance which indicates it could be the beginning of an uptrend. The price might go down 1.9183 before it goes up. In the lower TF you can look for potential entries.
⬆️Buy now or Buy at 1.9183
⭕️SL @ 1.5179
✅TP1 @ 3.4986
✅TP2 @ 4.5710
✅TP3 @ 7.5242
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
BAKE/USDTBAKE in the dip right now
TARGET 1 🚀: 2.1701
TARGET 2 🚀: 2.2933
TARGET 3 🚀: 2.3500
TARGET 4 🚀: 2.4436
TARGET 5 🚀: 2.5000
TARGET 6 🚀: 2.8775
BAKE Target 3.3 USDT (Profit 70%+)Buy: 1.8 - 1.93
Target 1: 2.4
Target 2: 2.9
Target 3: 3.3
Stop loss: 1.78
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BAKE Big short!Bake USDT & BTC pair looks bearish
Short it at 1.67-1.72$
TP1 1.501
TP2 1.01
S/L 1.84
Possible 500% Profits (46 days) *This is not a financial advice, trade at your own risk*
This is all based on speculations and observations I'm making since February
I think that If BAKE repeats the last cycle, we will see a 500% profit in about 46 days, which will be also closer to the next BNB burn that tends to pump BAKE as well, either way I'm holding all my BAKE tokens still, hoping for a bigger jump
The chart is very simple and easy to follow, good luck :)
BINANCE:BAKEBUSD
BAKE will Rise again?hello traders hope U doing great . as u see in the chart we are in the support area in bake and as long as we are above the red box we are good to go.
targets is mentioned in the chart .
BAKE will Rise again?hello traders hope U doing great . as u see in the chart we are in the support area in bake and as long as we are above the red box we are good to go.
targets is mentioned in the chart
what's ur idea?
BAKEUSDT: Patience is keySo far I haven’t seen any reason to sell if your holding. The 6.3 support generally seems like a good support for price action to bounce off of but for ME there’s one small problem. This might not be a problem with other traders but it is for me. Although price action is hanging around the horizontal line of support, it has managed to close below it. Although that didn’t trigger any sell offs which indicates that my support is still valid, I want a clean support. One without any rough edges. So I’m gonna use the 50 SMA below as my new area of support. If you wanna trade this I’ll advice to place your stop loss below the 50 SMA and wait till the price action gets close enough to the SMA that if you get stopped out the loss will be little and for those hodling or trading spot, I’ll give you the same advice you may have heard elsewhere... BUY THE DIP
BAKE BULLISH WAVE COMING !!Hello,
BAKE DEFI is coming bullish wave, long or buys spot once retested successfully.
The analysis is self-explanatory.
cheers!
$BAKE Double Bottom ?BAKE has had an very strong run up these past few weeks.
Consolidation and relief is necessary to continue the uptrend.
If price holds on to support cluster between $5.00 - $5.70 we can expect to see a double bottom form which is a strong bullish sign towards previous highs.
Resistances: 7.30 / 8.40
BAKEUSDT - $BAKE için hedefler verilmiştir. #BAKE #BAKEUSDT Sevgili arkadaşlar, $Bake için her şey gayet yolunda görünüyor. Grafikte gördüğünüz üzere dük gerçekleşmiş ve çanak formasyonuna gerçekleşiyor. Bu çanağın tamamlanmasını bekleriz çünkü macd al sinyalini vermiş. Zaten yükseliş başlamış ancak şu an yükselişin devamını macd ile onaylandığını görüyoruz. Ayrıca bunu RSI'da gayet güzel onaylamaktadır. Dolayısıyla yatırım tavsiyesi olmamakla birlikte hedefleri belirttim. Değerlendirecek olan arkadaşlara bol kazançlar diliyorum. Yorum ve beğenilerinizi eksik etmeyerek destek olursanız ve twitter üzerinden takip ederseniz sevinirim.
