Hello to you all. Mars Signals team wishes you high profits at all times.
The price has experienced a good fall. We have drawn a support line for you dear ones. Those who want to make sure to buy can make a purchase for the specified targets when the price hits the support line and starts moving upwards.
Warning: This is just a suggestion to you and we do not...
ANALYSIS 🔎
- This is an update on my previous BAKEBUSD analysis that got invalidated.
- Price brokeout above the descending trendline resistance (DTR).
- The market hit a swing high and retraced.
- Price is retesting and descending trendline resistance (DTR) and key fibonacci retracement zone (0.5-0.618 - 0.786).
- The retracement is bounded in the falling wedge...
ANALYSIS 🔎
- BAKEBUSD was resisted by the descending trendline resistance (DTR).
- Price brokeout above the descending trendline resistance and retraced.
- Price is retesting the descending trendline resistance and key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- Price action is printing the...
ANALYSIS 🔎
- BAKEBUSD was bounded in the falling wedge (FW-1) pattern.
- Price brokeout above the falling wedge's (FW-1) resistance.
- The market then retraced and is testing the key fibonacci retracement levels (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at the test zone.
- Price action is printing another falling wedge pattern...
ANALYSIS 🔎
- BAKEBUSD was bounded in the falling wedge pattern.
- Price brokeout above the falling wedge's resistance.
- The market then retraced and is testing the ascending channel key fibonacci retracement levels (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at the test zone.
- Price action is printing the double bottom pattern.
-...
ANALYSIS 🔎
- BAKEBUSD is bounded in a descending channel.
- Price is testing the descending channel support.
- A minor falling wedge pattern is forming in the descending channel.
- A falling wedge pattern is a bullish reversal pattern.
- There's an breakout potential.
BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance and horizontal resistance level...
