BAKEUSDT trade ideas
BAKE (BakeryToken) Token Analysis 28/03/2022Fundamental Analysis:
Launched in September 2020, BakeryToken (BAKE) is a part of the BakerySwap ecosystem. Liquidity providers are rewarded with BAKE tokens which can be used to earn a share of BakerySwap’s trading fees and to participate in voting as part of BakerySwap’s governance process.
BakerySwap is a decentralized automated market-making (AMM) protocol that is based on the Binance Smart Chain (BSC). The BAKE token is a native BEP-20 governance token on the platform.
Users have the ability to earn BAKE tokens by providing liquidity on BakerySwap, and BAKE holders can use their tokens for governance voting and to receive transaction fee dividends. The BAKE rewards are offered in several liquidity pools, initially including BTC, ETH, DOT, LINK, BUSD and BAKE versus BNB.
Bakery Swap runs on the Binance Smart Chain. The BAKE-BNB pool is expected to provide ten times the rewards compared to other pools.
BakerySwap, a Binance Smart Chain-based AMM, offers liquidity pools for altcoins such as LINK, DOT and others. It works through initial liquidity pools. BakerySwap has two types of liquidity pools: with BAKE rewards and without them. This is done in order to facilitate the creation of new liquidity pools by the community.
Only designated pools will have BAKE rewards. The reward multiplier for each will vary based on the value they provide to BAKE holders.
BakerySwap charges a 0.30% fee on all swaps and trades, out of which 0.25% go to liquidity providers.
The liquidity providers are then given liquidity pool tokens that represent their share of each pool. Through these tokens, they can earn a portion of the fees that are collected in the pools when removing the liquidity. Liquidity providers can then stake Bakery LP tokens to farm BAKE token rewards.
The BakeryToken network is secured through the use of real-time security monitors and intelligence systems. It has on-chain monitoring and passes many security checks.
The current CoinMarketCap ranking is #347, with a live market cap of $131,508,003 USD. It has a circulating supply of 193,529,485 BAKE coins and the max. supply is not available.
Technical Analysis:
As you can see the Price Value of the Asset has Fallen the 95% of its All Time High and currently is at the Incubation and Accumulation Phase where soon we can see the inflow of the Smart Money and will Pump the Price to the higher levels.
There exist a Bullish Divergence of Price value form MACD which means the Reversal of the current Bearish Trend and Start of the New Bullish cycle with Impulsive Trends.
We have defined 3 Targets which are the Confluences of the Fibonacci Expansion with Fibonacci Trend Base Extension Levels, and they are they Potential Pivot Points.
The 3 TP gets its confirmation as the Price Triggers the 2 TP followed by some Price Correction and Distribution before the Impulsive wave.
BAKE broke out falling wedge can head up 200%#BAKE/USDT
$BAKE broke out from falling wedge pattern.
🐮 after pullback to support zone and broken line, it can head up to resistance zone around $1, and target of falling wedge is around resistance zone between $1.9 and $2.2.
BAKE/USDT 1 HOURS TRADE SETUPHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
LONG BAKE/USDT
ENTRY- CMP and add more up to $0.514
SL of $0.50
Target:- 10-12%
Lev:- 10x
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Bake/Usdt Free Signal Bake/Usdt If Have Then Sell On Red Line Again Buy On $0.50 To $0.47 Just For Spot
And If You are interested in future Trades
Create Short Limit Order From Red Lines
Targets $0.50 To $0.48
Stop lose $0.546
Apply This Own Your Risk
Crypto is veri riski
Bake usdt Short SignalFuture Trading
Short = $0.537 To $0.54
Take profit = $0.503
Stop loss - $0.579
BAKEUSDThello traders
look at the chart and check the levels
is this a Dip ?
i dont think so
share your chart and leave a comment
BAKEUSDT | Falling Wedge BAKEUSDT has been converging in a falling wedge, it is well supported from the rising trendline on shorter term. If it continue to respect the rising trendline then we will have a good breakout on the upside. Trade your levels accordingly
Correction almost done. At least ABCSeems like correction ABC is almost done
missing one little dip to complete the structure
cakeusd cakeusdt potential 260 %As you can see on the chart, we may be entering a long bullish phase on the cake.
A swing trade is possible here, wait for a retracement and enter with a stop loss.
The cake has consolidated in its box and made some fake outs, it is time for it to come out or return to the bottom of its accumulation range.
BAKEUSD BEARISH TREND GOING THE DEEPBAKE/USDT
Make new LL (Lower Low)
Bear very strong in BAKE
We can start DCA from my RED LINE
STAY SAFE GUYS!
#tipsfortradingplanning
BAKEUSDT🍪 BAKE
👨🏻🏫 BAKE need recovery soon. Is it -85% since May.
💥 Broken 8h resist, so we can expect attack up to resist in green zone.
⛔️ Under the yellow line it will be bad again. So you can put SL aroun 0.991.
✅ Target 30% from now (1.2 entry).
BAKEBAKE (USDT)
buy at the green line
take your profit at TP
stop lose if the full candle closes under the red line (4hr)
Good luck...........
By : notzezo3
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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
BAKEUSDT - A Bright Future AheadWow! Could BAKEUSDT be ready for a bright future ahead?
If we analyze this chart from a liquidity perspective, existing buyers should now be stopped out of the market, creating liquidity for the banks to swoop in and buy up.
I am new to crypto analysis but a chart like this on forex would definitely spark some interest for me.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply.
RISK DISCLAIMER:
Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.
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BakeryToken (BAKE) formed harmonic Shark for upto 13% moveHi dear friends, hope you are well and welcome to the new trade setup of BakeryToken (BAKE)
On a 4-hr time frame chart, BAKE has formed a bullish Shark pattern.
BAKEUSDTPERP smart money conceptUsed the perpetual chart because it's neater than the spot chart, BAKE did a BSL (buy sell liquidity)/SH, looking for a BMS and RTO enter the short
Bake Analysisv - Head and shoulder bottomIt could potentially be a head and shoulders bottom, let me know your thoughts fellas, However as we broke a new support I made also a scenario where things go downside.
Am I tripping or makes sense that we'll potentially see a price between 2.0 and 3.0 (Selling point) in the next few weeks, with support at 1.50?
