[23-03-2024] $BAKE READY FOR NEW RALLY$BAKE already breakout and retested ma 50, looks good for accumulate right now. Expecting pumping next week! Cheers.
BAKEUSDT trade ideas
BAKE/USDT in weekly timeThe trend line and the last ceiling are broken. The BAKE/USDT chart has made a higher low, but the BAKE/BTC chart has made a lower low, and that means whales have entered the BAKE currency. We put the first entry point on the market price and the second and third entry points on the pullback of 50% and 66% of the last log, respectively. The stop loss is below the last low and for the target size of the first leg, we go up in the second leg as well .
green lien : tp
red line : stop loss
blue lines : entry prices
If the analysis needs to be updated, I will let you know.
BAKE long Idea Im thinking in this for BAKE, this token can grow up to 250% in the next weeks. After the last manipulation we can be a little more confident on the uptrend reassumed here.
BAKEUSDTBAKE is on the rise, but don't forget to set a stop-loss because it has already surged enough. However, we can still gain 8 to 15%. Take profit levels are indicated by lines. Once your trade is in profit, don't forget to adjust your stop-loss according to your profit ratio. Best of luck.
Consolidation Phase with Neutral BiasOur technical analysis of the BAKE 4-hour chart indicates a period of consolidation. The price has recently closed at 0.4550, with a trading range defined by a low of 0.4493 and a high of 0.4578. The moderate trading volume of 1.402M does not point to any significant breakout in the immediate term.
From a technical perspective, BAKE is trading within its Bollinger Bands, indicating no extreme volatility. The Relative Strength Index (RSI) is neutral at 55.94, suggesting that neither bulls nor bears are in full control. The Moving Average Convergence Divergence (MACD) shows a slight bearish crossover, with the MACD line just under the signal line, indicating potential short-term weakness.
The chart identifies key support and resistance levels to watch. The current price action is above the solid support level, suggesting that this may hold if a downward move occurs. Conversely, there is a defined resistance level that may cap upward movements. Traders should monitor these levels for potential breakouts or bounces.
Bake ChannelFor those who want to trade slowly and steadily, I suggest following this trend and buying in support of this channel and just following the resistance of the trend as well when you want to sell.
Bake is in simple dowBake is making HH and Hls in bullish trend, consider entry at 0.4764 and tp at 0.7814 managing stop loss at 0.2733.
Bakeusdt ShortTook a short here with super tight stoploss.(too risky)
Risk Reward is pretty good from here.
Entry 0.4209.
Flat stoploss at 4240(don't want to hold if it goes up cause Alts is still looking Bullish)
But if it rejects here which looks like it is rejecting currently we can see a nice down move.
Targeting 0.37 0.33 0.31
Note: Not a Financial Advice.
Bake 1 Bagger move incomingBake is showing signs of a cup and handle pattern, manage your risk, 4th Strike is incoming! :D
Bake Scalp 2/24/24We can see a W structure forming on an hourly timeframe, this can be a sign of a short-term bullish run if followed by an above-average volume on an hourly time frame.
BAKE Your Opportunity to Build Wealth: Unlock Crypto's Hidden## Bake Coin (BAKE): Fundamentals, Recent News, and Disclaimer
**Disclaimer:** I am not a financial advisor and this information should not be considered financial advice. Please do your own research before making any investment decisions.
**Fundamentals:**
* **Native token of BakerySwap, a decentralized finance (DeFi) platform built on Binance Smart Chain.**
* **Used for:**
* **Staking to earn rewards:** Users can stake BAKE to earn BAKE and other tokens.
* **Voting on governance proposals:** BAKE holders can vote on proposals that affect the future of BakerySwap.
* **Paying fees:** BAKE can be used to pay for fees on BakerySwap, such as trading fees and swap fees.
* **Total supply:** 1 billion BAKE
* **Circulating supply:** 290 million BAKE
* **Current price:** $0.42 USD (as of February 17, 2024)
* **Market cap:** $121 million USD
**Recent News:**
* **February 15, 2024:** BakerySwap launched a new product called "Smart Bundles," which allows users to invest in a combination of multiple assets with a single click.
* **February 9, 2024:** BakerySwap announced a partnership with Chainlink, a decentralized oracle network. This partnership will allow BakerySwap to access secure and reliable data feeds.
* **January 26, 2024:** BakerySwap launched a new feature called "Auto CAKE," which allows users to automatically compound their CAKE rewards.
**Overall:**
* BAKE is a utility token that plays a central role in the BakerySwap ecosystem.
* The recent news suggests that BakerySwap is actively developing new products and features.
* However, the price of BAKE is still down significantly from its all-time high of $4.60 USD in May 2021.
Parabolic run BAKE50% of the monthly bullish breaker, expecting a parabolic run to the algotarget 1.45$
NFA
Buy BAKEUSDTAfter breaking a major support zone and experiencing a false breakout of support, buyers launched another attack, and buying momentum picked up after breaking the descending parallel channel. This resulted in higher highs and higher lows, indicating a bullish trend. Targets at 0.4350 and 0.5071 now seems achievable, as long as the 0.2710 level doesn't break.
DAY TRADE 025BYBIT:BAKEUSDT.P
Today I've got bake on the hook as it tests that half line on the RSI and also had an extreme amount of volume yesterday so today, I'm predicting a huge push from here, the chart itself also look genuinely awesome! another 1:5!!
Thanks guys.
LIMIT - 0.3547
STOP LOSS - 0.3318
TAKE PROFIT - 0.4754
BAKEUSDT is BullishBAKE has given a breakout on hourly time frame, and formed a new higher high, and has also potentially printed a new higher low around 0.382 fib retracement level and is all set to break the previous higher high, which is also the entry point for this trade setup. The bullish rally is expected to continue further up. Targets are mentioned on the chart.
BAKEUSDT Technical AnalysisHello traders and crypto enthusiasts! 🍰 Today, let's turn our attention to BAKEUSDT (BakeryToken against USDT) and explore the enticing technical indicators that suggest a potential uptrend. Join us as we dissect the charts to identify key patterns and signals that could pave the way for a sweet journey upwards.
Technical Overview:
📈 BAKEUSDT is currently exhibiting positive signs, and the charts hint at the possibility of a bullish momentum. Let's explore the essential technical aspects and potential catalysts that may lead to an upward movement.
Crucial Levels to Watch:
🎯 Resistance Levels: Identify key resistance levels that, if breached, could open the door for sustained upward momentum. Breaking through these levels is vital for confirming a bullish trend.
🚀 Bullish Confirmation: Look for additional technical indicators or patterns that align with the bullish scenario. A convergence of signals can enhance confidence in the potential uptrend.
Risk Management:
🛡️ While the technicals suggest a positive outlook, it's essential to remain vigilant and implement effective risk management strategies. Set realistic profit targets, consider trailing stops, and stay informed about market developments.
Conclusion:
In the dynamic world of crypto trading, identifying potential upside opportunities is crucial. BAKEUSDT is currently displaying bullish signals, and traders may find opportunities in the upcoming upward movement. Keep a close eye on the charts for confirmation of the positive trend.
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always conduct your research and consult with a financial advisor before making investment decisions.
#BAKEUSDT #CryptoAnalysis #TechnicalAnalysis #BullishMomentum #BakeryToken #CryptoTrading #Blockchain #TradingView #UptrendPotential
BASE/USDT - BULLISH SETUP ANALYSIS
- BASE/USDT hit a swing high and retraced.
- Price is testing a confluence of horizontal support and key fibinacci retracement zone (0.618 - 0.702 - 0786).
- The market could bounce from this support zone if we have a relatively large buyers concentration.
BUY ENTRY
- Current market price
TARGETS
- 0.9062
- 1.0974
- 1.6750
STOP LOSS
- 0.2585
BAKE - BUY SETUP (JAN 2024)BAKE - BUY SETUP (JAN 2024)
This token is in a prime buy zone, indicating potential for an upward trajectory.
BAKE / USDT Quick Profit Set upBAKE / USDT QUICK PROFIT SET UP.
BUYing Zone
Take Profits
Little Stop Loss
Enjoy the ride and Follow for more. $BAKE
DON't USE TRENDLINE FOR TRADESHello guys. I want to tell sm about trendlines and their lacks. As you know every trader has a personal thoughts about markets and strategies. So also about drawing TRENDLINES. This varietion Causes false signals for trading + smart money knows that retail traders what doing in charts. Based on this you can see various false signal when using trendlines. I suggest you do not use trendline for trades and replace it by finding best orderblocks
It's big title for explaining only i want to tell briefly about it
I would like to trade with BIG BOYS NOT A retails.
THINK WISELY NOT SILLY
#BAKE/USDT#BAKE
The price is moving in a downward channel, 4-hour frame
The price adheres to the limits of that channel
We have oversold conditions on the MACD indicator
Current price 0.3047
The first goal is 0.3200
The second target is 0.3366
The third goal is 0.3572
BakeUsdt Breakout Bakeusdt
Breakout confirmed, Incase of successfull retest we can expect a good bullish move .
Not financial advice
