BAKEUSDT trade ideas
BAKEUSDT"As we enter the bullish season, the initial target to aim for is
target : 2.5 🎯.
This is based on a combination of technical analysis indicators and market trends.
However, it's important to approach trading with caution and adapt to changing market
conditions.
Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market.
Remember to use proper risk management techniques and consider setting profit targets along the way.
Happy trading!"
BAKE will have a fallWe are inside a large diamond diametric. We are now inside the F branch of this large diametric. The branch F itself has become a bow tie diametric, and now we are in the falling wave f of this diametric. It is expected that after the completion of the g branch of F, we will enter a large bearish G wave.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Buckle Up: Bitxer Signals a BAKE/USDT Long Opportunity! 🚀📈📈 **Bitxer's Free Trading Signal Alert!** 🚨
**Symbol: BAKE/USDT**
**Position: Long**
🚀 **Insight:**
- BAKE aiming to break the weekly downside spot and resident at 0.1669.
- If the break occurs, potential moonshot in focus!
🎯 **Targets:**
1. 0.2630
2. 0.4729
3. 0.8503
⛔ **Stop Loss:** 0.1227
💼 **Risk Management:**
- Trade safely, manage your risk diligently.
- Use low leverage for a secure approach.
🆓 **Enjoy Free Signal with Bitxer:**
- Trading wisdom delivered to you!
Happy trading, Bitxer! 🌕💹🚀
🚨 Trade Alert: BAKE/USDT (3-5x)🚨 New Trade Alert 🚨
✅ BAKE/USDT (3-5x)
📉 LONG Entry Zone: 0.155 - 0.166
⛔️ SL: 0.1502
🔒 Breakeven Move: When it moves close to TP2
🎯 Take Profit:
Short Term: 0.169 - 0.172 - 0.175 - 0.178 - 0.185
Mid Term: 0.195 - 0.205 - 0.215 - 0.225 - 0.275 - 0.342
📝 Ensure you set entry orders to balance the trade's entry and aim to secure 30% of profits within the first two targets. Once profits are gained, adjust the stop orders to match the entry points or break-even levels.
⚠️ Disclaimer: Historical earnings cannot assure future outcomes. Is there a potential for risk? Certainly. The entire financial market is susceptible to uncertainties; any underlying factor or abrupt shift in market sentiment could overturn the current market trends and lead to losses. Refrain from undertaking undue risks that might jeopardize your financial stability. You are under no obligation to engage in this trade; kindly avoid the trade if you disagree with the trade analysis.
GIS TRADING®
BAKE SHOWS FALL TRENDThanks for reading this update.
Bake shows on the TA side a fall trend, what does this mean exactly the next time frames should confirm it.
BAKE/USDT most likely 200% Pump Volume is enormous which indicates heavy accumulation. Many altcoins and shitcoins are pumping and this one is next. The same falling wedge pattern is also breaking out on a LOG scale of the weekly entire historical chart.
BAKEUSDT LONGBAKEUSDT LONG
ENTRY 0.1389 (if 4H candle close above)
SL 0.1246
TP1 0.1510 (CLOSE 75%)
TP2 0.1874 (LET REST 25% RUN)
100% move up in the coming week or twoThis token gained a lot of sustainable volume over the past months, breaking out and retesting at the moment. Entry is 0.1270 and stop loss if weekly closes below 0.1100
good luck everybody
BAKE wants to go !Its time for fly for BAKE.
Entry:0.1345
Tp1:0.1358
Tp2:0.1372
Tp3:0.1385
Stop Loss:0.1332
Follow me for nice signals
Day trade today 006!!BYBIT:BAKEUSDT.P
Today i love the look of what bake can do here all we have to do is sinplt drop down to my price and wait for the volume to come through with a new 'crator' and once that crator forms we should see our clear bottom after that... this could pop early like lots of them do but looks cool with the setup so im going to keep this valid for sure, i will update this.
BAKEUSDTBased on the provided market data, the BAKE/USDT pair is currently priced at $0.1470.
Looking at the 4-hour chart, the Relative Strength Index (RSI) is at 75.64, which is typically considered overbought. This could indicate potential for a price drop or correction in the short term. The Moving Average Convergence Divergence (MACD) is at 0.0032, which suggests bullish momentum. The Bollinger Bands (Bb) are at 0.1437, with the price above the middle band, indicating that the market is in a bullish trend.
The daily chart shows the RSI at 62.12, which is relatively neutral. The MACD is at 0.0056, further confirming the bullish momentum. The Bb is at 0.1560, with the price below the middle band, suggesting a bearish trend in the longer term.
The weekly chart shows the RSI at 53.10, which is neutral. The MACD is at -0.0091, indicating a bearish trend. The Bb is at 0.1504, with the price below the middle band, further confirming the bearish trend.
In terms of support and resistance levels, on the 4-hour chart, the first, second, and third support levels are at $0.1224, $0.1148, and $0.1050 respectively, while the resistance levels are at $0.1424, $0.1917, and $0.2229 respectively.
On the daily chart, the support levels are at $0.1043, $0.0930, and $0.0699, and the resistance levels are at $0.1560, $0.2016, and $0.2726.
On the weekly chart, the support levels are at $0.1087, $0.0826, and $0.0797, and the resistance levels are at $0.1778, $0.3742, and $0.6518.
In conclusion, the market data suggests a bullish trend in the short term, but bearish in the longer term. However, the high RSI on the 4-hour chart may indicate a potential price correction. As always, it's essential to consider other market factors and your risk tolerance when making trading decisions.
BAKE LONG SETUPHi, 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
bakeusdt- mentoring bakeusdt- for ilan short idea and resoult
second touch short
***
Tolerance will reach such a level that intelligent people will be banned from thinking so as not to offend the imbeciles- F.M.dostoyevsky
#BAKE/USDT is looking heavy in 4-Hour TF!#BAKE/USDT is looking heavy in 4-Hour TF!
$BAKE needs to hold this zone to gain bullish momentum. Breakdown and retest below the zone is bearish, and we can short it.
So far, #BAKEUSDT is trying to hold PMH $0.133 as a support but no luck.
BAKEUSDTBAKEUSDT IS in bearish trend .
Potentially printing LH and LL.
No sign of trend reversal from here.
Bearish continuation flag pattern also form.
We buy at current price because prize already break the Flag Pole.
BAKE/USDT Can Bake Break the Strong Resistance or Down again ???💎 BAKE is unmistakably on our watchlist. It's gearing up once again to challenge a formidable resistance zone. Previously, upon encountering this resistance, BAKE faced a sharp 19% decline, only to rebound impressively upon reaching the Bullish OB zone.
💎 While the current trend showcases bullish tendencies in the short run, a decisive bullish confirmation would require BAKE to breach and sustain above this strong resistance.
💎 However, if BAKE stumbles at this resistance once more, we might witness a pronounced decline, potentially revisiting the Bullish OB zone. Should BAKE falter and lose its grip on this OB zone, there's a chance it could descend further, possibly towards the robust support zone.
BAKEUSDT.P - SwingThis trading plan incorporates mechanical strategies along with smart money concepts.
Please be aware that investing in FX, Crypto, or any financial instrument carries inherent risks. It's advisable to consult a financial advisor or conduct thorough research before making any investment decisions.
Watch List Oct 07 2023 No.1 BAKEUSDT.PBAKEUSDT is in a very bullish trend
Watch for the consolidation and possible further upward move
Signal: Green * N
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities
BAKEUSDT → Breaking through resistance opens up the potential BINANCE:BAKEUSDT is trying to move into the phase of realization of accumulated potential. A consolidation above the 0.1421 level will be a good starting point. If we break through the resistance of the range, we can get a gorgeous bullish potential (targets are indicated on the chart)
BINANCE:BTCUSD shows good dynamics for the medium term. The price after the false breakdown of resistance does not fall and there are prerequisites for a possible strengthening of the price to 30000, which will give a great kick in the butt to altcoins if the total capitalization increases.
From a fundamental point of view, the cryptocurrency is still turbulent and there is not much bullish news (strong news). But bitcoin is showing strength relative to the SP500 ( CAPITALCOM:US500 ) - and that's good for us.
In terms of technical analysis BAKE: the price breaks the resistance of the annual descending wedge and we get a signal for further strengthening of the price. In the nearest future the market may test the previously broken level of 0.1421 and if the bulls successfully consolidate the position, the price may give a start towards 0.2339 and 0.2840.
Moving averages indicate consolidation and show a hint of something interesting.
Support levels: previously broken wedge boundary, 0.1421, 0.1161.
Resistance levels: 0.1580, 0.1882, 0.2339.
Since we see the breakout of the resistance of the figure, in the long term I expect the formation of the realization of the accumulated potential in the form of a bullish impulse to 0.2339, 0.2840.
Regards R. Linda!
