BakeryToken grew by 657% in 147 days last year, between July and December.
While this is definitely a huge feat, this is only the beginning, literally.
The black line on the chart represents the recent downtrend that has just been broken. And once the downtrend ends we get a new trend and that's an uptrend.
The potential for growth is really high based on the...
BAKEBTC has recently demonstrated strong support within the 61.8% Fibonacci level, affirming the significance of the demand zone. This was further reinforced by the price breaking above the downtrend trendline, confirming the presence of an ongoing uptrend. Consequently, the likelihood of a continued price ascent is notably high, with BAKE potentially targeting...
💎#BAKEBTC is currently exhibiting robustly bullish price dynamics. A keen examination reveals a recurring pattern: the price consistently breaches the downtrend trendlines on the daily chart, signaling a sustained long-term uptrend.
💎At present, the price finds itself sandwiched between the supply and demand zones, predominantly trading at the lower boundary of...
◳◱ A Resistance Breakout has been identified on the $BAKE / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00000392 | 0.00000405 | 0.00000441, and the major support zones can be found at 0.00000356 | 0.00000333 | 0.00000297. Consider entering at the...
Hi dear friends, hope you are well and welcome to the new trade setup of BakeryToken (BAKE) with BTC pair.
Previously we caught almost 50% pump of BAKE as below
Now on a 4-hr frame, BAKE has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop...
◳◱ We've detected a Falling Wedge pattern on the $BAKE / $BTC chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance key levels are at 0.00001043 | 0.00001242 | 0.00001555 and the major support zones are respectively at 0.0000073 | 0.00000616 | 0.00000303, We may consider buying at the current price zone at...
Hi dear friends, hope you are well and welcome to the new trade setup of BakeryToken (BAKE)
On 2-hr time frame, BAKE is about to complete the final leg of a bullish Cypher move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Bake is looking better now
Let s see what moves it decides to take
Easy to tell the EMA favors the bulls now- very close to a possible trend reversal
We shall see...
time will tell as always
if you need any targets with any coins let me know
i am here for you
24-7 for free and friendly answers !
about this coin :
BAKE token is the native BEP-20 governance token...
BAKE may start to reverse sooner than CAKE or CREAM or most De-Fe projects
Here are some basic targets
ABOUT THE PROJECT
BakerySwap is a decentralized automated market-making (AMM) protocol on Binance Smart Chain. BAKE token is the native BEP-20 governance token of the platform. Users can earn BAKE tokens by providing liquidity on BakerySwap.
Only posting this to try and help a trader that forgot to set a SL. Often if there's enough of a history you can wait for a recovery, but there is very little history here.
Unfortunately this asset has been in a downtrend for months, and in a descending channel.
Although some support was found around July 31st that has since turned into resistance, that's not...
Bake is showing a very strong upside potential when forming a double bottom pattern.
Added to that is the divergence on the RSI line.
I expect a strong rise for BAKE.
Shortterm: 0.00004985
![BAKEBTC: $BAKE/#BTC [#BakerySwap]: Falling_Wedge](https://s3.tradingview.com/2/2XNQg95q_mid.png "$BAKE/#BTC [#BakerySwap]: Falling_Wedge")
