BAKEUSDT trade ideas
BAKEUSDT - POTENTIAL LONG. RISK/PROFIT:1/10We have a double bottom on this coin. Waiting for a reversal to long. Bitcoin Dominance Indicates Altcoin Rise. The altcoin season is waiting for us soon. This coin has a strong fundamental.
Coin:BAKEUSDT
🚪Long entry: 2.051, 2.023, 1.993
✅ Target of fixation: 2.2, 2.5, 3
⛔️ Stop fixing above 1.930 of the next 4-hour candle
⚠️ Maximum allowable leverage: 5
❗️ Risk/Profit: 1/10
BAKEUSDT + 100 % possibleBake is worth watching, we are testing the declining trendline which is acting as resistance for a long time.
Once we can break this area we can see an explosive move.
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BAKE double bottom pattern to $5#BAKEUSDT
$BAKE broke out from descending resistance line and confirmed it as support, price will head up toward the resistance zone around $3, and if success to break out this zone, for completing double bottom pattern will touch $4.9 (that is around 140% increase)
if price break down from ascending support line the bullish scenario will be invalid.
BAKEUSDTBullish continuation within corrective structure.
🔵CYCLE 🚦🚦🚦
Buy *BAKE/USDT* at Current Price: 2.048
Potential Profit Target (PPT) => [30% 70%
*Trade settings*
First buy: 20
Margin call limit: 7
No of Cycle/Sell: 7 times
*NO Dip Calls Multiplier Buy in*
1st call: 3.2% Buy 0.5 times
2nd call: 2.5% Buy 0.5 times
3rd call: 1.7% Buy 1 times
4th call: 2.5% Buy 0.5 times
5th call: 2.5% Buy 1 times
6th call: 3.5% Buy 1 times
7th call: 2.5% Buy 2 times
Change Mode to One-Shot after 7th Call/Profit or when price is near 3.000
*Note: If the trade buys all the calls you should make about 70% profit on Investment*
Bake's Trading RangeHey,
it's obvious we are in the range zone
my guess is we can reach the top line of this range
as you can see I put MA 100 to the chart and the price completely respects this line so we can say if you lost the chance to buy at the bottom (1.395$) you can consider if this line breaks it will be a good time to buy and our primary target is 3.329$ however if the price comes out from this range we can see pump too.
do your research before investing.
good luck.
BAKE / USDT — interesting moment …Hey , everyone !
We want to public some of our notes for today ; )
So , right now we can check the awesome massive downtrend line and local inverse head and shoulders !
If the coin will breaking out the downtrend line and will fixed above the line it will fly .
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We can try to take a position after breakout confirmation of this trend line with strict risk management because market is very extreme right now !
also BAKE + CAKE usually follow BNB ; )
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So , best wishes , guys !
Have an awesome profit .
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