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Bakebtc

What will happen to BAKE?From the place where we placed the red arrow on the chart, it seems that the BAKE correction has occurred. This correction looks like a diametric as we are now in wave E of this diametric. In the green range, wave E is expected to end and then we enter wave F. We are looking for buy/long positions in the green range. Closing a daily candle below the invalidation level will violate this analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
1
BAKE ANALYSIS (1D)The past few days, when the whole market dropped, BAKE experienced a slight drop. How BAKE will be Boolean? According to BAKE, it has the ability to rise up to the specified supply range, but in this range, you can look for a sell/short position. tp can be the range of Demand. Closing a daily candle above the invalidation level will violate the analysis. 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
by behdark
3
BAKEBTC Uptrend Validation Point to BullishBAKEBTC has recently demonstrated strong support within the 61.8% Fibonacci level, affirming the significance of the demand zone. This was further reinforced by the price breaking above the downtrend trendline, confirming the presence of an ongoing uptrend. Consequently, the likelihood of a continued price ascent is notably high, with BAKE potentially targeting the next significant supply area around 625 satoshis. Nevertheless, it's wise to remain prepared for a consolidation phase and a potential re-test of the demand zone before a full-fledged rally ensues. Overall, the overall bullish outlook remains highly optimistic for BAKEBTC.
Long
by CryptoPAMM
BAKEBTC Faces Critical Support💎#BAKEBTC is currently exhibiting robustly bullish price dynamics. A keen examination reveals a recurring pattern: the price consistently breaches the downtrend trendlines on the daily chart, signaling a sustained long-term uptrend. 💎At present, the price finds itself sandwiched between the supply and demand zones, predominantly trading at the lower boundary of this range. Of particular significance is the resilience of the 61.8% Fibonacci level, which has served as a robust support level, with the price hovering just above it for the past five days. 💎This pattern significantly augments the likelihood of an impending upward movement. If this materializes, the price could potentially ascend just beyond the supply zone, with a target set on the 127.2% Fibonacci retracement level. However, it's essential to remain cautious as long as the minor resistance at 430 satoshis remains unconquered by the bulls. 💎Should this resistance fail to yield to the bullish momentum, the downside risk persists. In such a scenario, the breach of the 61.8% Fibonacci support would set #BAKE on a continued downward trajectory, with its sights potentially fixed on the 78.6% Fibonacci support level.
Long
by MyCryptoParadise
BAKE/BTC - BakerySwap: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the $BAKE / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00000392 | 0.00000405 | 0.00000441, and the major support zones can be found at 0.00000356 | 0.00000333 | 0.00000297. Consider entering at the current price zone of 0.00000384 and targeting higher levels. ◰◲ General info : ▣ Name: BakerySwap ▣ Rank: 456 ▣ Exchanges: Binance, Hitbtc ▣ Category/Sector: N/A ▣ Overview: None ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00000384 ₿ ▣ 24HVol: 1.591 ₿ ▣ 24H Chng: 1.857% ▣ 7-Days Chng: 13.56% ▣ 1-Month Chng: -24.15% ▣ 3-Months Chng: -39.20% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00000392 | 0.00000405 | 0.00000441 ◢ Support: 0.00000356 | 0.00000333 | 0.00000297 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : STRONG_BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -2.27 ▣ Last 90D: -1.62 ▣ Last 1-Y: -0.48 ▣ Last 3-Y: 1.27 ◲◰ Volatility : ▣ Last 30D: 1.00 ▣ Last 90D: 0.80 ▣ Last 1-Y: 0.92 ▣ Last 3-Y: 2.36 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.55 - Bullish ▣ Reddit sentiment score is 0.61 - Bullish ▣ In-depth BAKEBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
$BAKE/#BTC [#BakerySwap]: Falling_Wedge◳◱ We've detected a Falling Wedge pattern on the $BAKE / $BTC chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance key levels are at 0.00001043 | 0.00001242 | 0.00001555 and the major support zones are respectively at 0.0000073 | 0.00000616 | 0.00000303, We may consider buying at the current price zone at 0.000008 and targetting higher levels. ◰◲ General info : ▣ Name: BakerySwap ▣ Rank: None ▣ Exhanges: Binance ▣ Category/Sector: N/A ▣ Overview: None ◰◲ Technical Metrics : ▣ Mrkt Price: 0.000008 ₿ ▣ 24HVol: 4.393 ₿ ▣ 24H Chng: 1.01% ▣ 7-Days Chng: -12.58% ▣ 1-Month Chng: -19.45% ▣ 3-Months Chng: -2.76% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00001043 | 0.00001242 | 0.00001555 ◢ Support: 0.0000073 | 0.00000616 | 0.00000303 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -2.39 ▣ Last 90D: 0.21 ▣ Last 1-Y: -0.12 ▣ Last 3-Y: 1.41 ◲◰ Volatility : ▣ Last 30D: 0.99 ▣ Last 90D: 0.93 ▣ Last 1-Y: 1.48 ▣ Last 3-Y: 2.49 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.51 - Bullish ▣ Reddit sentiment score is 0.61 - Bullish ▣ In-depth BAKEBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
BAKEUSDT Technical Analysis⏳ Spot 💎 BAKEUSDT has been moving along the descending channel. It has got rejection from the support line. If it breaks above the symmetrical triangle we can expect a retest and then a Bullish move 🌐 Tradingview 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at Market or at 2.000 ☕️ TP1 2.370 🍺 TP2 2.666 🍻 TP3 3.200 🍾 TP4 _____ 🍷 TP5 _____ 🍸 TP6 _____ 🍹 TP7 _____ 🎁 TP8 _____ 🚫 SL 1.800 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals
BAKE/USDT 1HOUR UPDATEWelcome to this quick  bake/usdt analysis.        I have tried my best to bring the best possible outcome me in this chart. Reason of trade :- BAKE/USDT Broke out of the triangle and retesting. Expecting 7% to 10% soon. Entry:-cmp Traget:- 7% to 10% Stoploss:-1.92$ Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native languages.       Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
2