Looking BearishBake could drop further as bitcoin slowly makes it way down after pumping to 42k, Bake is developing a sharp bearish trend on the 4hr chart so I am going to wait for lower prices
Bakeryswap
$BAKE/BTC 12h (Binance Spot) Falling wedge on supportBakery Swap looks bottomed here, a last leg-down to demand zone would let us enter, then a bounce toward upper-line of the wedge.
Current Price= 0.0000524
Buy Entry= 00.0000505 - 0.0000475
Take Profit= 0.0000610 | 0.0000691 | 0.0000832
Stop Loss= 0.0000394
Risk/Reward= 1:1.25 | 1:2.09 | 1:3.56
Expected Profit= +24.49% | +41.02% | +69.80%
Possible Loss= -19.59%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 1 month
Bake Breakout Imminent? Following weeks of consolidation in a pennant, Bake is reaching the point where it needs to make a key decision.
With it respecting the lower trendline stretching back to February and bullish divergence, I'm expecting Bake to breakout towards $2.75 in the coming days.
With there being so much negative speculation/FUD with BTC at the moment, a BTC sell off could for the first time drag Bake beneath trendline.
So long as BTC remains stable, I expect this bullish scenario to play out.
Remember always DYOR, keep an eye on BTC, always use a stop loss and this is not financial advice (NFA)!
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BAKE or BNB ??? Think wisely...I'm totally neutral but there's absolutely something appears there. (Neutral...yeah I guess)
Bake had significant gain against BNB. We all know the BNBs performance right :D
It's currently at a critical level. Need to watch for a while then take your own risk.
BAKE will Rise again?hello traders hope U doing great . as u see in the chart we are in the support area in bake and as long as we are above the red box we are good to go.
targets is mentioned in the chart .
BAKE will Rise again?hello traders hope U doing great . as u see in the chart we are in the support area in bake and as long as we are above the red box we are good to go.
targets is mentioned in the chart
what's ur idea?
$BAKE / $BNB - Optimistic market?$BAKE / $BNB - Optimistic market?
Since the 'crush', #BakerySwap token maintained a strong market.
Formed a channel/range & tried a few times to breakout.
Chart is still looking bullish if it holds above the white dotted line.
BAKE - The leader in NFT Marketplace target $16Bakeryswap is the number 2 in BSC ecosystem and number 1 in NFT markerplace.
1st Target is $12
2nd Target is $16
Bake accumulating to do the next run Bake is in accumulating range ready for the next round. I will enter on the box inside the triangle.
BAKEUSDT TO $10 AFTER FINISHING THE TREND RESETBASING ON THE INCREASING MARKET AND NEW IDEAS IN THE BAKE PLATFORM IT IS CLEAR THAT BAKE IS THE NEXT BIG THING
BAKEUSDT - $BAKE için hedefler verilmiştir. #BAKE #BAKEUSDT Sevgili arkadaşlar, $Bake için her şey gayet yolunda görünüyor. Grafikte gördüğünüz üzere dük gerçekleşmiş ve çanak formasyonuna gerçekleşiyor. Bu çanağın tamamlanmasını bekleriz çünkü macd al sinyalini vermiş. Zaten yükseliş başlamış ancak şu an yükselişin devamını macd ile onaylandığını görüyoruz. Ayrıca bunu RSI'da gayet güzel onaylamaktadır. Dolayısıyla yatırım tavsiyesi olmamakla birlikte hedefleri belirttim. Değerlendirecek olan arkadaşlara bol kazançlar diliyorum. Yorum ve beğenilerinizi eksik etmeyerek destek olursanız ve twitter üzerinden takip ederseniz sevinirim.
BAKE LONG, TO 9$ AND MORERetracement wave 4 completed, wave 5 is starting and it should go much higher than ATH.
Bake cake!Hi fellas
lets talk about $Bake boys
BakerySwap is a decentralized automated market-making (AMM) protocol that is based on the Binance Smart Chain (BSC). The BAKE token is a native BEP-20 governance token on the platform.Users have the ability to earn BAKE tokens by providing liquidity on BakerySwap, and BAKE holders can use their tokens for governance voting and to receive transaction fee dividends. The BAKE rewards are offered in several liquidity pools, initially including BTC, ETH, DOT, LINK, BUSD and BAKE versus BNB
targets 7 - 7.5 - 8 - 9
stop loss 5.5 - 5 - 4.5
Bake to $12It's all layed out right there for you! Enjoy, sell the peaks buy the dips, cashout between $11-$12
BAKE TO 7$, BUY BAKEIt reversed upwards after correction and as long as it stays above the white line it should go to new ATH. Of course BTC should not dump.
🥯 BakerySwap (BAKE) Cup & Handle ☕Bake appears to be plotting a bullish cup and handle pattern with the handle due to breakout anytime soon. Once breakout is confirmed, we should see Bake soaring past $2.
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**** Not Financial Advice - Always DYOR! ****
BAKE / BUSDBAKE is going to make a move. Watching if it can hold the support line (prior resistance) at around 1.25.
If this breaks to the downside, next stop would be 1$ area.
If it breaks to the upside - 1st stop - 1.90s, 2nd - 2.25, 3rd - 3$.
A lot will depend on the BTC situation as well.
BAKEBUSD Ready to fly.If BAKE manages to break this triangle on the upper side, we might finally see some uptrend. The fact that BTC and BNB are both recovering from the dip helps for sure.
BAKE Trading IdeaNot financial advice, DYOR bla bla.
First time posting an analysis here (mainly beacuse it’s the first one i spot by myself, not too much free time)
I predict Bake is going to have the same pattern for the last time before changing behavior.
1.75-1.80 is a good entry point imho
2.00 First target
2.25 Second target
2.50 min last one, too risky going forward.
Good luck y’all, stay safe.
