Bakeusdt
BAKEUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in daily time frame. As you can see, the price is approaching its support line. If the price is not supported and penetrates and stabilizes below the support line, it can experience further decline. But if it can break our resistance line and stabilize above the line, it can touch our target over time. We can see the head and shoulder pattern that can see the price increase.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
BAKE looks great... wait for the dip...targeting 3,8+YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
BAKEUSDT Technical Analysis
Welcome back Traders, Investors, and Community!
BAKEUSDT on H4 has broken above a major resistance. After the breakout it is expected to go higher.
⬆️Buy now or Buy at 2.9381
⭕️SL @ 2.5061
✅TP1 @ 3.5000
✅TP2 @ 3.7000
✅TP3 @ 4.1000
✅TP4 @ 4.4000
✅TP5 @ 4.6000
✅TP6 @ 5.0000
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Bake shows great potential to go up ATH ?Hi guys,
this is an analysis of my idea for BAKE , I think for the highest price it can go there. Sorry I'm late to upload it.
but there is still potential for BAKE to continue rising. please buy in the area closest to the support. I hope this helps you guys, thank you
BAKEUSDT BULLISH SIGNAL UPDATE!!As you all know, BAKE is not performing well from last 2 months and according to the Chart patterns, Ascending Channel is formed, Bullish Cup formation and also indicators giving bullish signal.
Short term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/BTC CRASH
Happy Trading :)
Good Luck!
If you like my idea, please support:
Binance Smart Chain ( BSC ): 0x69Ea86D0f6B762fC36A322b0C833D2bd04534b3d
BAKEUSDT { BAKERY TOKEN } - BULLISH SETUPANALYSIS 🔎
- BAKEUSDT is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@1.4342).
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
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BAKEUSDT { BAKERY TOKEN } - BULLISH SETUPANALYSIS 🔎
- BAKEUSDT hit an swing and retraced to the key fibonacci retracement level.
- Price is currently ranging in a rectangular consolidation pattern.
- This rectangular consolidation pattern is known as the accumulation phase (Wyckoff method).
- The accumulation phase is a pre uptrend phase (bullish build up pattern).
- There's a breakout potential.
BUY ENTRY ⬆️
- Stop limit entry: breakout above the rectangular consolidation pattern's horizontal resistance (@2.2194).
- Market entry: current market price.
- Limit entry: test of the rectangular consolidation pattern's horizontal support (@1.7982).
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the rectangular consolidation pattern's horizontal support (@1.7982).
Looking BearishBake could drop further as bitcoin slowly makes it way down after pumping to 42k, Bake is developing a sharp bearish trend on the 4hr chart so I am going to wait for lower prices
BAKE symmetric triangle about to break, Potential 50-100% profitBAKE forming a symmetric triangle that is now heading towards the decision zone. BAKE is one of the major exchanges for the Binance chain. We will see a good rally after the breakout.
Buy Zone: $1.95 - $2
Target: $2.2 - $2.45 - $2.7 - $2.95 - $3.3 - $3.75 -$4.1 - $4.5 - $4.9
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 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