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Bakeusdt

BAKEUSDT (BakeryToken) Mid to Daily tf Range Updated till 1-4-22BAKEUSDT (BakeryToken) Midtier to Daily timeframe range. A alt with decent price action and clean chart till now. the pump at 31 march 2022 is very much make sense as there is a massive gap from its top and the low volume #spring test from its bottom zone. it didnt took much for a push back. it did been reasonable to its zone provided some solid intraday setups and some scalps setups for daytraders. with not much of retail interest compare to other alt's it can get more volatile which it didnt for a while, which is a surprise.
by cryptoforever1
BAKE (BakeryToken) Token Analysis 28/03/2022Fundamental Analysis: Launched in September 2020, BakeryToken (BAKE) is a part of the BakerySwap ecosystem. Liquidity providers are rewarded with BAKE tokens which can be used to earn a share of BakerySwap’s trading fees and to participate in voting as part of BakerySwap’s governance process. BakerySwap is a decentralized automated market-making (AMM) protocol that is based on the Binance Smart Chain (BSC). The BAKE token is a native BEP-20 governance token on the platform. Users have the ability to earn BAKE tokens by providing liquidity on BakerySwap, and BAKE holders can use their tokens for governance voting and to receive transaction fee dividends. The BAKE rewards are offered in several liquidity pools, initially including BTC, ETH, DOT, LINK, BUSD and BAKE versus BNB. Bakery Swap runs on the Binance Smart Chain. The BAKE-BNB pool is expected to provide ten times the rewards compared to other pools. BakerySwap, a Binance Smart Chain-based AMM, offers liquidity pools for altcoins such as LINK, DOT and others. It works through initial liquidity pools. BakerySwap has two types of liquidity pools: with BAKE rewards and without them. This is done in order to facilitate the creation of new liquidity pools by the community. Only designated pools will have BAKE rewards. The reward multiplier for each will vary based on the value they provide to BAKE holders. BakerySwap charges a 0.30% fee on all swaps and trades, out of which 0.25% go to liquidity providers. The liquidity providers are then given liquidity pool tokens that represent their share of each pool. Through these tokens, they can earn a portion of the fees that are collected in the pools when removing the liquidity. Liquidity providers can then stake Bakery LP tokens to farm BAKE token rewards. The BakeryToken network is secured through the use of real-time security monitors and intelligence systems. It has on-chain monitoring and passes many security checks. The current CoinMarketCap ranking is #347, with a live market cap of $131,508,003 USD. It has a circulating supply of 193,529,485 BAKE coins and the max. supply is not available. Technical Analysis: As you can see the Price Value of the Asset has Fallen the 95% of its All Time High and currently is at the Incubation and Accumulation Phase where soon we can see the inflow of the Smart Money and will Pump the Price to the higher levels. There exist a Bullish Divergence of Price value form MACD which means the Reversal of the current Bearish Trend and Start of the New Bullish cycle with Impulsive Trends. We have defined 3 Targets which are the Confluences of the Fibonacci Expansion with Fibonacci Trend Base Extension Levels, and they are they Potential Pivot Points. The 3 TP gets its confirmation as the Price Triggers the 2 TP followed by some Price Correction and Distribution before the Impulsive wave.
Long
by BitonGroup
14
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.
BLong
by marshyyy
1
BAKE/USDT 1 HOURS TRADE SETUPHi 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 an LONG BAKE/USDT ENTRY- CMP and add more up to $0.514 SL of $0.50 Target:- 10-12% Lev:- 10x 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. Thank you
Long
by CRYPTOMOJO_TA
BAKEUSDT - A Bright Future AheadWow! Could BAKEUSDT be ready for a bright future ahead? If we analyze this chart from a liquidity perspective, existing buyers should now be stopped out of the market, creating liquidity for the banks to swoop in and buy up. I am new to crypto analysis but a chart like this on forex would definitely spark some interest for me. Traders, if you have your own opinion about this idea, write in the comments section, I always reply. RISK DISCLAIMER: Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use a tight stop loss. -------------------------------------------------------------------------------------------------------- Please like, subscribe, and share this idea with others! --------------------------------------------------------------------------------------------------------
by AlkalineFX
8