Bake Potential Double Bottom and an inverse HNSSpot or low lev
Limit long bake @ 1.795 - 1.701
stops @ 1.6163 (10%)
tp @ 1.98 - 2.095 - 2.18 - 2.28 - 2.41 - 2.58 - 3.07
Bake/USDT
- Potentital double bottom and an iHNS sort of recovery
- We're trying to place bids at the bottom of the right shoulder
-
- Bake/BTC pair in a big falling wedge from 119 days and is close to breaking out
-
BAKEUSDT trade ideas
BAKE/USDT 1HOUR UPDATEWelcome to this quick bake/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- BAKE/USDT Broke out of the triangle and retesting. Expecting 7% to 10% soon.
Entry:-cmp
Traget:- 7% to 10%
Stoploss:-1.92$
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
Bake trading ideaBake is currently retesting towards 1.730-1.675. If not then 1.511 max.
Good buying zone (Spot)
1.918
1.853
1.818
1.730
1.675
Best 1.511
DCA from that zone (Important)
Potential Short-term gain
Tp 1: 1.953
Tp 2: 2.030
Tp 3: 2.101
Tp 4: 2.167 - 2.199
Tp 5: 2.615
Tp 6: 2.8
Tp 7: 3.189 -3.329
I will update if we manage to break above 3-3.333
Bake trading ideaBake is currently retesting towards 1.730-1.675. If not then 1.511 max.
Good buying zone (Spot)
1.918
1.853
1.818
1.730
1.675
Best 1.511
DCA from that zone (Important)
Potential Short-term gain
Tp 1: 1.953
Tp 2: 2.030
Tp 3: 2.101
Tp 4: 2.167 - 2.199
Tp 5: 2.615
Tp 6: 2.8
Tp 7: 3.189 -3.329
I will update if we manage to break above 3-3.333
🆓BakeryToken (BAKE) Oct-1 #BAKE $BAKEBAKE is having a good opportunity to start a new rally up to 2$, 2.3$, 2.9$ and 3.4$ zones in this October. But if it loses 1.7$ zone, it will come back 1.4$ zone again
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.7$ zone
🔴Buy : 1.7$
🔴Sell : 2$ - 2.3$ - 2.9$ - 3.4$
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.7$ zone
🔵Sell : 1.7$
🔵Buy : 1.4$
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
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.