forming a rounded bottom heredouble bottom formation, waiting for the reaction PA wise, btc back to 48 and above hopefully.
BAKEUSDT trade ideas
2$ NExt in BAKEbake has bullish divergence in rsi and its down too much if it breaks's and retest the trendline then buyzone very goood coin it cna go 2$ easily
BAKE at resistance - shortIt looks like there is no going up for BAKE - currently at resistance with bearish divergence on the rsi on all timeframes.
As always btc is the lead dog, so before placing trades it would be good to confirm btc price movement as it seems to consolidate around resistance level.
Due to the above bake is a nice candidate for a short entry, but fakeouts are in play.
BAKEUSDT 4H: Possible LONGBAKEUSDT 4H: Possible LONG
A rebound from the level of 1.400 and possible further growth to the level of 2.200
BAKE LOOKING BULLISH Bake is sitting on the bottom, bounced back from 1.4 support level which shows its about to go to the moon.. RSI and MACD is also supporting the idea with a bullish divergence.. don't make any move before the confirmation.. share your ideas and analysis as well :)
bake/usdt is ready to breakout according to elliot wave i am expecting bake/usdt to breakout now .. it will touch 2.5+ .
POSSIBLE NEW BEARISH TREND With price rejection from $1.7, price has started a rally down creating a new bearish trend. Price could possible find support, at $1.5 before we see a bounce
BAKE/USDTBake has bottomed out imo and a very nice setup, also has decent volume, I am expecting a very explosive move to the upside from now till the first week of October!
BAKE/USDT GOOD POINT ZONE Bake coin last 5 months going to down side but now good point to buy this coin
BAKE USDT TABroken downtrend, currently in uptrend,long at bottom trendline touch and take profits accordingly with sl set right.
rsi double bottom
BAKE is prepare for next big moveHello trader in this idea i wanna to talk about BAKE because already BAKE is very low and it's seems good , however let's talk about the chart :
in the daily chart you can see already price is down about 75% from ATH ; and it's very likely to see price rise from this level but why ?
you can in the chart price start to rise exactly from 0.786 fib level and also price is in the channel , but what we can expect from here .
if you want to opening long position you can put your stop loss below the 0.786 but in my opinion wait for daily closure below the 0.786 and also below the channel but be aware about traps.!
so what's about the price targets ?
this is my price target , personally sell 50% of my BAKE at the first take profit area , but if you want to be more conservative you can also take some profit at 0.618 and .0786 also .
buying a bit more bake herebake needs to fill the gap of the dump,targeting 2.6 and above, good luck to everyone
BAKEUsdt more dump and rdy for upthis analyse for bakerySwap Hodler and you can wait little more and gotthis targets Bake is active and work good can be going up every time btc fall bake so dump but little BTC can save position can going up
this is not fats pump but have good chanse for HODL and Got more profit
atlast this coin is good but for pump little need wait
this coin have good space for move up
GL
Supports:
1.911 >>> EntryPoint
1.802
1.647
1.364
Resistance:
2.119
2.190
Targets:
2.470
2.723
3.001
3.447
4.113
5.148
5.789
6.849
9.388
For HODL:
11.748
15.632
GL
Falling Channel brakeoutCrypto Analysis: Bakeusdt has broken the falling channel, it is good buy around marked demand area for conservative entry for the target given on the chart let's see..
BAKE falling wedgeBake 2hr possible falling wedge, my Ideal entry for this would be around 1.8 as that is the best risk reward
BAKE bounce up possibilityIf BAKE is in a Correction, it is good momentum for continuation of uptrend!
if Breakout of ending channel it is in a buy position to me,
with regard the sharp decline and HD- divergence in MACD , I expect more sideway down before
any bounce up to complete its BAT Pattern
BAKE - 10x long trade setupBAKE 10x long trade setup:
Entry: 2.02
T1: 2.08
T2: 2.14
T3: 2.20
Stop: 1hr candle close below 1.96
