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Bakeusdt

BAKE/USDT Potential Bounce and make a Bullish Momentum ??Yello Paradisers, Keep an Eye on BAKE: Navigating a Major Descending Channel 💎 BAKE continues to operate within a significant downward channel. 💎 Previously, it experienced a sharp rally, reaching a Bearish Order Block (Bearish OB) where it faced a strong bearish rejection and subsequently declined. 💎 Looking at the chart, BAKE shows potential for a bounce as it approaches a resistance zone. Should BAKE face rejection at this point and decline, it's likely to breach a crucial support level, setting new lows. On the flip side, if BAKE manages to break and sustain above the resistance zone, it could retest the previous Bearish OB. 💎 This analysis would be invalidated if BAKE breaks through the key support level and closes below it on the daily chart.
Long
by MyCryptoParadise_Nathan
7
Buying $BAKE$Bake -Belonging to the group #seed being pushed. Small cap vol is ok to buy in bulk. I bought this price hoping to make a profit 🌹🌹 What is a Symmetrical Triangle A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle. KEY TAKEAWAYS Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes. The breakout or breakdown targets for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point. Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation.
Long
by Crypto-Adda_Official
BAKE BUY H1Hello! To long this cryptocurrency, it's better to identify a suitable range that has the value of taking the risk. You have identified two patterns for going long on this asset, and you give a higher probability of going long in the first base. Without having any additional information about this asset and the identified patterns, I cannot provide an opinion on the level of risk and profitability of these decisions. However, considering technical analysis and identifying suitable ranges, you can make a decision to long this asset. Wishing you success and profitability.
Long
by jawad369
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