Get started

BAKEBNB

BAKE - getting ready for a new take-off 🤔❓The BAKE/USDT chart shows a mixed picture. The price is in a local symmetrical triangle, which breaks both up and down, as this is a cryptocurrency market, false breakouts often happen with such figures, you should keep that in mind. Up to this point, we see that every time there has been high volume at the top, this is a signal that the big players are locking in their positions. So we have to be prepared for a downside scenario and a liquidity collection at the bottom. Second scenario: the price could break the upper boundary of the triangle and go to local highs. A good time to buy is after a false breakout of the area marked below or after a breakout of the upper boundary of the triangle. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
2
Possible 500% Profits (46 days) *This is not a financial advice, trade at your own risk* This is all based on speculations and observations I'm making since February I think that If BAKE repeats the last cycle, we will see a 500% profit in about 46 days, which will be also closer to the next BNB burn that tends to pump BAKE as well, either way I'm holding all my BAKE tokens still, hoping for a bigger jump The chart is very simple and easy to follow, good luck :) BINANCE:BAKEBUSD
BLong
by dalzeny
5
BAKEBNB - Are We Going To Have That Break? Finally?As per my last idea (attached below), we were waiting for a new swing high to form around our upper red trendline to consider it our new trigger swing then buy on its break upward. BAKEBNB formed that new swing high but before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? Trigger => Waiting for a momentum candle close above the gray area to confirm the reversal. Meanwhile, until the buy is activated, BAKEBNB would be overall bearish and can still dive inside the blue demand before going up, or even break it downward. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BLong
by TheSignalyst
17
BAKEBNB - Buy Setup - UpdateAs per my last video analysis (attached below), we were waiting for a new swing high to form around our upper red trendline to consider it our trigger swing then buy on its break upward. BAKEBNB formed that swing high but then traded lower to form a new lower low. so our old trigger is no longer valid. Update: BAKEBNB is still sitting around a strong demand zone in blue, so we are still looking for buy setups. Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? Our red trendline is valid but now we will be waiting for a new swing high to form around it to consider it our new trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (new trigger) Meanwhile, until the buy is activated, BAKEBNB would be overall bearish and can still dive inside the blue demand before going up, or even break it downward. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
B
by TheSignalyst
42