BAKEUSDT trade ideas
💥BAKE BREAKOUT - FALL TO $1.470 OR RISE BY 235% TO $4.80 & $7.2Please support this idea with a LIKE👍 if you find it useful🥳
As seen here on a daily TF, we have price broke out of the descending triangle and got itself into a symmetrical triangle.
Right now, market is indecisive whether to go long or to short.
Therefore, a downward breakout from the existing symmetrical triangle will make price fall to $1.470 and an upward breakout will push price by 235% to $4.80 and $7.20.
What do you think?
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BAKE/USDT UNDERVALUED, POSSIBLE PUMP SOONI still think BTC has room to climb up and market will follow. BAKE is on sale, it is in a great value area, on top of that it broke a global trendline and it is finding support on the trendline and 50 period EMA. I think it is a good buying opportunity looking at a minimum of 100% target, great for spot and if you are using futures, small volume with an ample Stop Loss to leave some room for the move to happen. Let me know in the comments what are your thoughts!
Time To Bake NOW !! BAKEUSDT
Hi Friends,
Here is my Daily Bake idea!
After a long downtrend finally the day is coming. Better to wait until the end of the December to reach latest target.
Entry will be activated after candle close above the green area.
ADX seems positive, current value around 18-19, would be good sign when it's cross above 21, also +DI above the -DI which can consider as strong bullish trend.if ADX crosses above 21.
Target points are on the charts. If it's break below the uptrend your STOP LOSS suppose to be activated.( As indicated on the chart)
What out closely :)
Good luck with it!
If you like the idea, just press the like :)
It's not financial advice.
Don't forget, always make your own research before to trade any ideas!
BAKE/USDTBuy Around 2.00$ - 2.10$
Selling Targets:
1️⃣ Target: 2.82$ = 40% Profit
2️⃣ Target: 3.27$ = 60% Profit
3️⃣ Target: 3.70$ = 80% Profit
🔻12Hr.. Close below : 1.40$ = 40% Lose
Signal Type: Short-Term⏱1/3, Weeks
2021/11/08🗓
#Risk/Reward: 1/3
🏦Ex: Binance/Spot
🧩Capital 5% or 10%
📊#Technical_Analysis_by_Phoenix
The deal is closed. We got 60% profit and closed at breakeven.Since writing this article, two of our orders have been triggered, and have reached one take profit at the height of 12% of the entry. For the future: if the deal has reached the first take profit, close the part, and transfer the stop losses to breakeven.
Soon there will be even more ideas, and you will be able to earn even more 😊.
bakeusdtthe coin just bounced from support line and broke the down trend line. engineringrobo is also bullish
if you are planing to put $1000 in to this coin
you put $800- 80% right now (50% is coming from buy signals, 30% because the candle broke the downtrend line
you can put $200 20% if the candle drops to support line
there is nothing wrong to take some profit at the resistance levels
dont forget to leave minimum 50% of your portfolio 2 sell signals
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.