Day Trading bake within our buy zoneHello guys. A look into day trading Bake on a 15mins timeframe. Bake is descending within the channel towards the buy zone (dynamic resistance zone). AM expecting bounce off the zone with two entries considering cost averaging to the profit zone.
A further break down is indicated on the chart.
Tradehubng.
BAKEUSDT.PS trade ideas
BAKE/USDT#BAKE/USDT
Buy Around 2.00$ - 2.10$
Selling Targets:
1️⃣ Target: 2.40$ = 14% Profit
2️⃣ Target: 2.57$ = 22% Profit
3️⃣ Target: 2.79$ = 32% Profit
4️⃣ Target: 3.05$ = 44% Profit
5️⃣ Target: 3.35$ = 58% Profit
🔻4h Close below : 1.80$ = 15% Lose
Signal Type: Mid-Term⏱1/3, Month
2021/08/08🗓
Link:
#Risk/Reward: 1/5
🏦Ex: Binance/Spot
🧩Capital 5% or 10%
📊#Technical_Analysis_by_Phoenix
BAKEUsdt updateBake now on powerfull resisdance can break this big move for taregts
white trend line is normale trend resisdance lines and orange is logarotm trend lines
need little pullback for start big move now on indicator can see R% RSI EMA in top so should little come down
support:
2.1293 enter point
2.0358
1.9233
i dont set resisdance for this aera is resisdance and top of this is target and you canset for first taregts
Taregts :
2.4012
2.7078
3.2130
5.2710
6.0904
.
FOR HODL;
7.5000
11.0624
for see more targets can check chart
gL have Good trade
BAKEUSDT { BAKERY TOKEN } - BULLISH SETUPANALYSIS 🔎
- BAKEUSDT hit an swing and retraced to the key fibonacci retracement level.
- Price is currently ranging in a rectangular consolidation pattern.
- This rectangular consolidation pattern is known as the accumulation phase (Wyckoff method).
- The accumulation phase is a pre uptrend phase (bullish build up pattern).
- There's a breakout potential.
BUY ENTRY ⬆️
- Stop limit entry: breakout above the rectangular consolidation pattern's horizontal resistance (@2.2194).
- Market entry: current market price.
- Limit entry: test of the rectangular consolidation pattern's horizontal support (@1.7982).
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the rectangular consolidation pattern's horizontal support (@1.7982).
BAKE symmetric triangle about to break, Potential 50-100% profitBAKE forming a symmetric triangle that is now heading towards the decision zone. BAKE is one of the major exchanges for the Binance chain. We will see a good rally after the breakout.
Buy Zone: $1.95 - $2
Target: $2.2 - $2.45 - $2.7 - $2.95 - $3.3 - $3.75 -$4.1 - $4.5 - $4.9
BAKEUSDT: will the support hold or not😬the upside right now but I’m not expecting the upward movement to die down just yet. The market will prove me wrong if it fails to hold the support at 6.3 so for now my instincts are telling me to wait for that support to be tested... if it holds a then I’ll buy but if it doesn’t I’ll still buy the dip at the bottom😂😂😂
BakeUsdt move late but move goodthis is not pro idea pls first check others idea ::::))))
Bake little late move after all coin but move good
you can got that profit and join this for profit
need break resisdance and move and pump
Support :
1.8350
1.4435
Resisdance: (this resisdance and now in 2 Trend line Resisdanc ebreak this can break this line) :
2.1293
Taregts :
2.4012
2.7078
3.2130 (Close Taregt)
3.9954
mid time taregts or good pump :
5.2710
6.0904
Long Time Targets and for Holders :
7.5000
Goals and for long time holders :
11.0624
14.5931
GL Traders :)