BAKEUSDT trade ideas
$BAKE LONG PositionFor 1 week $Bake has been performing well. Good volume with the #PunkX project that will take place on the #Base network and many new developments. In line with the positive developments regarding the upcoming Bull Run and Bake, I think the loading trend will continue. I see the 0.094 - 0.089 range as a good buy place.
Although the mood is positive, the PunkX sale will take place tomorrow. After the sale, a quick sale may come. Those who want to trade should definitely not trade without StopLoss.
*Not Investment Advice.
Bake possible short or longBake was in a trend that points to new lows.
But suddenly today BAKE resurrected from below the lower range up to mid-range.
We have to watch the daily close closely. If it closes below the trendline new lows coming.
If it is close upper, maybe we can long that to mid-range or range high.
BAKEUSDTBAKEUSDT recently has given the enormous breakout from descending channel and make 26% move to upside. Currently the price has retraced a bit, which is good thing for another move up,.
Price is trading at support zone and it is being expect that bulls will ride this thing again for another minimum 15% move.
What you guys think of this idea ?
$BAKE LONGHello, something is cooking in the Bake kitchen, there is new exciting news. We are currently re-evaluating the monthly support level, which presents an intriguing prospect. Observing the chart, I have identified a descending wedge pattern, indicating a bullish trend. Consequently, I intend to initiate a long position at approximately 0.082 levels.
$BAKEThe "Bake Token Elliott Triple Combo Wave Uptrend" refers to a specific pattern observed in the price movement of the Bake Token cryptocurrency. The term "Elliott" pertains to the Elliott Wave Theory, a technical analysis approach used to predict market trends.
In this case, the pattern identified is a "Triple Combo Wave," which suggests that the price of Bake Token has experienced three corrective waves within an overall uptrend. These corrective waves often follow a predictable pattern, consisting of three sub-waves labeled as A, B, and C.
The price range mentioned, from 0.095 to 0.11, likely represents the expected range in which the price of Bake Token will fluctuate within this Elliott Triple Combo Wave uptrend. It indicates that the price is forecasted to rise from the lower end at 0.095 to the higher end at 0.11.
However, it's important to note that financial markets are highly unpredictable, and this description is based on hypothetical analysis. It's always advisable to conduct thorough research and seek professional advice before making any investment decisions.
BAKEUSDT POSSIBLE REACTION PLACEAs you can see in the graph, BAKE has risen above the 17-day resistance, but usually crypto coins touch or approach the resistance once after breaking a resistance and continue to go up, so if it comes to the place I marked in red, I will short from there and sell profits in the green box.
DEFINITELY NOT INVESTMENT ADVICE!!!
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.
BakerySwap Huge UpsideIn this BakerySwap Idea,
We will talk about a potential move to the upside by around 50%
We are at "All Time Lows" but despite being at ATL we haven't really seen a huge movement to the downside as how "All Time Highs" move.
Main reason could be because DeFi Market is in the support area and Bitcoin is trying to push higher to $35K
Entry - 0.08-0.09
Exit 0.11
SL - 0.0790
I am also accumulating here in an Investor Perspective for Yield Farming. This was one of the DeFi token I invested back then @ 2020 that got a really huge upside alongside with BINANCE:CAKEUSDT
I am also going to make another idea for buying opportunities for investor perspective for it.
If you llike this idea, please give a thumbs up.
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Thank you!
BAKE/USDT a huge PUMP Buy✅✅As we can see in the H4 time frame bake/usdt reached a demand area at 0.1427. If we can look closely a triangle wedge shows us a reversible pattern. More buyers are in the market than the sellers.
Bake/usdt will breake the triangle pattern and form a bullish candle uotrent to our supply zone at 0.2313.
Don't forget to follow when it successfully archived our take profit. Remember the market is not your friendly deal with it😁😁
BAKE ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the BAKE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Quick Long Trial at the beginning of the week BAKEMEXC:BAKEUSDT
Two bullish harmonic cross at the same level which is a support and resistance swing zone.
It is also the 0.5 correction of the uptrend.
With a bullish signal we can try our chance by using ATR to arrange a stop out point.
Good Luck Everyone!
BAKE -SAR- Indicator SignalHello Crypto Traders !
We make test many indicators these days ,when many coins seem to pump randomly
However it is worth taking in consideration the past performance of some indicators (as we know Past Performance does Not Indicate Future Results)
Today i wanted to test the SAR indicator on many charts. It's most effective using different pairs like /bnb /btc (to catch the momentum or strength)
Last time we got a green dot on this time frame with the SAR indicator , BAKE pumped
I got some Fib Targets in case we enter a bull market price can jump up
BakeryToken (BAKE) formed bullish BAT | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of BakeryToken (BAKE) with US Dollar pair.
On a 1-hr time frame, BAKE has formed a bullish BAT move for a bullish reversal move soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade