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Bakeusdt

BAKE Buy Setup - Short-term on Strong TrendlineEven though the market hopes for recovery after a long bearish spell, Bitcoin's technicals do not show rallying signals just yet. Therefore, I think we should look for short-term opportunities in altcoins that are not high-cap and have not had a push up wave in the past few days. Entry for BAKE: $0.2268 SL: 0.2216 ________________________ If this is your first time coming to my idea, thank you very much for taking the time to pay attention to it. My opinions are all subjective and personal. It might be right, or wrong, but there is one thing I can guarantee you will never go wrong - always set the SL for each entry before setting the TP for it. Don't forget to Follow, and comment your thoughts below, or simply a Boost button if you found it helpful. That encourages me a lot to share my ideas!
Long
by BuyDinhSellDay
1
BAKEUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for BAKEUSDT There are R2 and R1 are the resistance areas which represent the price was not able to rise. And S1 is a support line at the bottom of our chart. Currently, we see a head and shoulders pattern and the price is fluctuation above S1 area. Our expectation would be a rise for the price in order to reach R1 and there if the price moves above it and fluctuates there, more increase is waiting for that up to R2. Then, if the price is rejected toward S1, we can have the right shoulder of our pattern completed. Let's see what future reveals for us. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
2
BAKEUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for BAKEUSDT Here you see R2 as the resistance area and the unsuccessful triumphs of the price to rise is obvious. R1 used to be a support line and S1 is our support line and contains the well support of the price since the past. Here we see the price fluctuating over R1 and we believe a decline will happen for it to this area and then we consider a long position for it and it will start its rising trend to R2. It is less probable for the price to have a decline. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals