BAKEUSDT Weekly Analysis – Critical Level: Accumulation?🔎 Overview
BAKE/USDT is currently trading within a multi-year demand zone between $0.0752 and $0.1030, which has historically served as a strong support region since mid-2022. This zone has repeatedly triggered major price bounces, making it a high-interest area for traders and investors eyeing a p
BAKEUSDT Forming Falling WedgeBAKEUSDT is presenting an interesting breakout scenario after forming a clean falling wedge pattern on the daily chart. Falling wedges are typically bullish reversal patterns, especially when confirmed by a breakout with volume. In this case, the wedge appears to be breaking to the upside, supported
BAKE / USDT : Breakout PotentialBAKE/USDT - Breakout Potential
BAKE/USDT has recently broken above a key resistance zone and is attempting a trend reversal. With the trendline resistance already broken, we are expecting a bullish move towards the $0.124 target, which represents a potential gain of 116.5% from the current price.
BAKE Bulls Targeting 0.105, +1692% Volume SurgeThe chart shows BAKEUSDT trading around 0.0898 USDT on Binance. Overall, the structure indicates that after a strong upward impulse from approximately 0.0835 USDT to 0.117 USDT, the price entered a correction and is now consolidating. This consolidation sits just above an important support level, si
BAKEUSDT Forming Falling WedgeBAKEUSDT is currently forming a promising Falling Wedge Pattern, a classic bullish reversal setup that traders watch for significant upside potential. This pattern, combined with steadily increasing volume, indicates that a major breakout could be on the horizon. Historically, falling wedges often p
BAKEUSDT 1D#BAKE is attempting to break out of the falling wedge on the daily chart.
Price briefly pierced above the wedge resistance with strong volume but has pulled back inside. If it manages to close a daily candle above the wedge with confirmation, it could trigger a bullish move toward the following tar
BAKEUSDT Approaching Breakout from Falling WedgeBAKEUSDT is currently trading near the upper resistance of a falling wedge pattern , often seen as a bullish reversal setup. With increasing volume and tighter price action, the market may be gearing up for a breakout. If confirmed, this could mark the beginning of a new upward trend. Traders shoul
BAKE/USDT 1-Day ChartThis 1-day chart shows a big drop from around 0.3400 to a low of 0.0752 recently, with a slight dip (-0.42%) today. A falling wedge pattern is forming—could mean a chance to bounce back! Plus, starting with the news, Binance added BAKE to its Monitoring Tag on July 7th, which usually signals higher
$BAKE Trailing STOPHere is yet another trade on BYBIT:BAKEUSDT.P that pained me.
Not only that I followed it through the breakouts, I ate from the breakout after forming a rising wedge.
Then, I followed a ride back up immediately and had a sumptuous run too but when it started rallying and it was time for bed, I s
BAKE ready to restart the uptrendhi traders,
Let's have a look at BAKEUSDT on the monthly time frame.
To be honest, there are not many altcoins that look as good as BAKE on the monthly.
Multiple months of the reaccumulation.
Support holds strong.
I can't see it to fail.
First target: 0,90
Second target: 1,62
BAKE is a low market
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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