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❤️
Bakeusdt
BAKE in a buy zoneBAKEUSDT like many coins is currently forming a bottom.
You can accumulate in the range (for spot trading) and sell when it reaches target.
If you trade on futures, better wait for BAKE to retest lows which may not happen as many altcoins already formed their bottoms and Bake is just lagging behind.
We expect the rise in the next weeks.
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
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 / #USDT : Analysis ( 1D Chart )hello? Traders, welcome.
Notes related to this analysis :
- The downtrend has been broken and pullback has also been done
It seems to give a swing position !
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BAKE/USDTBuy Around 0.33$ - 0.34$
Selling Targets:
1️⃣ Target: 0.412$ = 20% Profit
2️⃣ Target: 0.450$ = 32% Profit
3️⃣ Target: 0.500$ = 45% Profit
🔻4H Close below : 0.298$$ = 12% Lose
Signal Type: Short-Term⏱1/3, Weeks
2022/06/08
#Risk/Reward: 1/3
🏦Ex: Binance/Spot
🧩Capital 5% or 10%
📊#Technical_Analysis_by_Phoenix
Bake scalp short after bears got liquidatedReasons to take short
⭐️ BTC bearish trend
⭐️ Trendline is clear
⭐️ Volume at top
⭐️ Slowly squeezing down
⭐️ 3rd touch
⭐️ Under VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
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
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
BAKEBUSD
◻️BAKE has updated new lows.
◻️To disassemble from the technical side: We have a level, $0.2...when fixing it, it is better to exit the position and consider another entry point.
◻️You can set a limit order for $0.21
💡 Take a 5% deposit into the deal.
◻️Stop loss? when the daily candle closes below $0.2, you can exit the position.
🔥Subscribe to my Tradingview profile
BACK last support or double bottom#BAKE/USDT
$BACK is at lowest support zone and below the middle line of descending parallel channel.
🐻 if price break down from this support zone, the last support can be around $0.127.
🐮 holding this support can shape double bottom pattern and price can increase to resistance zone around $2.
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.
$BAKE - a bounce off the blue support line and I'm LONG. This coin is curving nicely right now. I see how it could easily go fetch a 300% gain after a bounce off that daily support (blue line).
The next Order Block Resistance is over the $2.00 mark. I did not count waves for this but there is huge potential there technically speaking. These are the types of setups that make for long and profitable swing trades.
Trade safe everyone!
BAKE/USDT BREAKOUT! READY TO PUMPHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
Buy some BAKE at CMP and add more up to $0.9
Target:- 25-30%
SL:- $0.8750
Lev:-10x
Keep your SL tight.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.