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Bakeusdt

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! 🌕💹🚀
Long
by Bitxer_PK
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.
Long
by MarsSignals
6
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.
by MyCryptoParadise
BAKE/USDT Potential Bounce and make a Bullish Momentum ??Yello Paradisers, Keep an Eye on BAKE: Navigating a Major Descending Channel 💎 BAKE continues to operate within a significant downward channel. 💎 Previously, it experienced a sharp rally, reaching a Bearish Order Block (Bearish OB) where it faced a strong bearish rejection and subsequently declined. 💎 Looking at the chart, BAKE shows potential for a bounce as it approaches a resistance zone. Should BAKE face rejection at this point and decline, it's likely to breach a crucial support level, setting new lows. On the flip side, if BAKE manages to break and sustain above the resistance zone, it could retest the previous Bearish OB. 💎 This analysis would be invalidated if BAKE breaks through the key support level and closes below it on the daily chart.
Long
by MyCryptoParadise_Nathan
7
Buying $BAKE$Bake -Belonging to the group #seed being pushed. Small cap vol is ok to buy in bulk. I bought this price hoping to make a profit 🌹🌹 What is a Symmetrical Triangle A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle. KEY TAKEAWAYS Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes. The breakout or breakdown targets for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point. Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation.
Long
by Crypto-Adda_Official
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.
Long
by jawad369