vf_investment

BAKE will rise again

Long
BINANCE:BAKEUSDT   BAKE / TetherUS
hi traders

Bake reached a key resistance and got rejected. Now we're seeing a pullback and most likely we will see some consoliadtion before the continuation to the upside.
Make a note that the trend is bullish now.
We got a bullish cross on SMAs which signals a trend reversal.

2 possible scenarios are shown on the chart.
In both cases, mid-term target is 0,50$
If we see mania, next major targets are 1 $ and 1,66 $

0,50$ we may see in December or Q1 2024 easily.

Good luck
Comment:
Mid-term target reached. We are seeing a pullback. Bake is still a good hold for a mid-term
Comment:
BAKE is ready for the big pump. Bullish on bake. buying now
Comment:
BAKE has been respecting the support. 1 $ target is just a matter of time now
Comment:
Price came back into the value area. Good buy again

💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.