Bake whalesBAKE has only one main problem.
134,000,000 million coins belong to three sleeping whales. All three bought their coins, in one click. But on different days. I marked the days and the number of coins on the chart. All three are in heavy loss.
Only 193,000,000 coins in circulation. Well, who will buy these whales? No one.
You can check all information on bscscan . For a long time I could not understand what was wrong with Bake.
Bakeryswap
BAKE will rise 240 % gains We expect BTC.D to create new lows which would be bullish for altcoins .
Bake will move higher , however breaking below the critical support is possible if BTC drops lower.
We expect BTC to reach the bottom soon and resume the uptrend therefore we expect BAKE to fake out below the support (if it does) and move higher from there.
Targets like in the chart
No financial advice
BAKEBUSD SWING TRADE PLANIni swing trade plan di BAKEBUSD, WE ARE BAKING HERE!!!
#DisclaimerON
#DYOR
Bake about to get sendEverything looks really bullish here. a good short term trade.
Long term setup is very solid. long term resistance is broken. been consolidating for few days might consolidate more before an epic burst.
My custom Multiframe Ichimoku cloud also about to be broken, hopefully!!
Hodl strategy recommended with some flexible stoploss. exit when setup fails.
WAGMI
BAKE-USDT trade setup #BAKE
This is one of the most interesting charts IMO. it has the potential to give us at least 45% profit. The last TP would be around $5.
We see volume expansion at the resistance. The only point is to see whether it can hold the OBV trendline or not. If it cannot, then we can expect to see another touch of the bottom of the green area.
It will break the resistance soon if BTC can stay in the range of $60-64K.
What is happening to BAKE - BAKERYSWAP ?????? let me tell yaBake did surprisingly not surpass the previous resistance level at 2.10 USD.
I see this however as a great buy-in change.
Bake is currently struggling at the support level of 1.85 USD.
I see two ways this is going:
1) (green line) BAKE will bounce for a while at the current 1.85 USD level and then continue the run towards the upside.
2) (red line) WORST CASE: Bake will touch the support levels of 1.70 USD again to then continue the route to the moon.
BAKE is a great DeFi and NFT project based on the Binance Smart Chain.
I will definitely wait for a further dump and buy-in!
Cheers.
BAKE on BINANCE about to PUMP - BE AWARE - BAKERYSWAP - + 80%Bake may still bounce for a while (up to 2 weeks) on the area of resistance at 1.95 - 2.05 BUSD. If the resistance gets surpassed, a huge pump is expected.
Be aware.
BakerySwap is a great project itself on the Binance Smart Chain - do your own research and you will find out. A lot of potentials there.
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.
7x for bakery token !!It is very amazing.
If that's the case, he's just got $ 2 billion in the market cap, and that's where it all begins.
The bake Dex and Defi and NFT !!
It looks unbelievable ...
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
Bake update 🔥i set targets before now this last time my analyse bake for friends say again
Suuports:
2.4982
2.4012
2.1870
2.0515
1.9236
resistance point break now that is best enter point only yallow trend line is last resisdance for bake and can break easy with 1 pullback. or cant break come bottom and fall too resistance point
2.7078 >>> Enter point
Taregts:
3.9954
5.2710
6.0904
HODL Targets:
7.5000
11.0624
14.5931
16.8639
GOAL:
20.7581
Trade Your Own Risk 🚨
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/BTC 12h (Binance Spot) Falling wedge on supportBakery Swap looks bottomed here, a last leg-down to demand zone would let us enter, then a bounce toward upper-line of the wedge.
Current Price= 0.0000524
Buy Entry= 00.0000505 - 0.0000475
Take Profit= 0.0000610 | 0.0000691 | 0.0000832
Stop Loss= 0.0000394
Risk/Reward= 1:1.25 | 1:2.09 | 1:3.56
Expected Profit= +24.49% | +41.02% | +69.80%
Possible Loss= -19.59%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 1 month
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! 🤑