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BAKE / TetherUS

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BAKEUSDT trade ideas

BAKE going fractalobolicYou say FRACTAL I say BINANCE:BAKEUSDT ! Just look at this! 30m TF right before and 1h TF at newest formation, the same structure with the volume, almost the same FIB. Adding to the fact that we're about to break the Long going trendline AND the fact that it has just announced a partnership with BASE L2 blockchain We might see the very parabolic move. Are we gonna see next 200%? It's a matter of days if we'll see it. High Risk. High Volatility. Probable High and quick reward.
Long
by A_I_Vision
2
short bake## Risk & Management - 1% capital per trade. - Move SL to breakeven at 1:1R ## Points of Interest - Order blocks - Major liquidity grab ## Framework - On the 4H timeframe, gauge overall bias & locate major points of interest. - When price enters a point of interest, drop down to the 15M or 5M timeframe. - Wait patiently for price to purge liquidity within the point of interest. - Wait for price to impulsively break structure & create imbalance. - Enter at the order block responsible for the break of structure. ## Entries - The OB caused a BOS. - The OB is the extreme zone. - The OB created clear imbalance. - Liquidity has been clearly Identified.
Short
by qtranhtc
BAKEUSDT is testing the supportSupport Test After Head and Shoulders: The present market condition involves BAKEUSDT testing the support around the $0.1 area following the formation of a clear head and shoulders pattern. This pattern is recognized by three peaks, with the middle peak (the "head") higher than the two surrounding peaks (the "shoulders"). It typically suggests a potential trend reversal. Potential Support Loss: There's a possibility that the price might decline below the $0.1 area. In such a scenario, in line with Plancton's Rules, the price could subsequently revisit the $0.9 area. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
16
Bake is Ready For BakingHere is My Study on Bake. Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions about your investments. Follow me for the latest updates and join the conversation in the comments! Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and information dissemination. Use with caution. This Is Not A Finacial Advise
Long
by MoonTradingForecast
1
$BAKE LONG PositionFor 1 week $Bake has been performing well. Good volume with the #PunkX project that will take place on the #Base network and many new developments. In line with the positive developments regarding the upcoming Bull Run and Bake, I think the loading trend will continue. I see the 0.094 - 0.089 range as a good buy place. Although the mood is positive, the PunkX sale will take place tomorrow. After the sale, a quick sale may come. Those who want to trade should definitely not trade without StopLoss. *Not Investment Advice.
Long
by Clico
$BAKEThe "Bake Token Elliott Triple Combo Wave Uptrend" refers to a specific pattern observed in the price movement of the Bake Token cryptocurrency. The term "Elliott" pertains to the Elliott Wave Theory, a technical analysis approach used to predict market trends. In this case, the pattern identified is a "Triple Combo Wave," which suggests that the price of Bake Token has experienced three corrective waves within an overall uptrend. These corrective waves often follow a predictable pattern, consisting of three sub-waves labeled as A, B, and C. The price range mentioned, from 0.095 to 0.11, likely represents the expected range in which the price of Bake Token will fluctuate within this Elliott Triple Combo Wave uptrend. It indicates that the price is forecasted to rise from the lower end at 0.095 to the higher end at 0.11. However, it's important to note that financial markets are highly unpredictable, and this description is based on hypothetical analysis. It's always advisable to conduct thorough research and seek professional advice before making any investment decisions.
Long
by Clico