BAKEUSDT.PS trade ideas
🆓BakeryToken (BAKE) July-8 #BAKE $BAKEBAKE has conquered the $2 zone and is heading towards the $2.6 and $3.2 zone. However, if it loses the $2 zone again, it will fall back to the 1.6$ zone
📈BUY
🔴Buy : 1.95-2.05$. SL if B
🔴Buy : 2.55-2.65$ if A. SL if B
📉SELL
🔴Sell : 2.55-2.65$. SL if A
🔴Sell : 3.12-3.28$. SL if A
♻️BACK-UP
🔵Sell : 1.95-2.05$ if B. SL if A
🔵Buy : 1.56-1.64$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
BINANCE: BAKE/USDT🛒 Pair: BAKE/USDT 🛒
== SPOT==
⏰ 1400/04/17 ⏰
🕰 08/07/2021 🕰
Duration:
📈 SHORT - MID 📈
Ex: Binance
#219
🛒 Buy : 2.10 - 2.15 🛒
👉Sell Targets👈
🎯TP1: 2.35 🥉
🎯TP2: hidden🥈
🎯TP3: hidden🥇
🎯TP4: hidden🚁
🎯TP5: hidden✈️
🎯TP6: hidden🚀
⛔️ SL: 1.80 by closing daily Candle below
Bake usdt 🥲🥲 David check the support and resistance on the 1hr TF
Just my bias it formed a head and shoulder patter on the 15 min tf
BAKE Big short!Bake USDT & BTC pair looks bearish
Short it at 1.67-1.72$
TP1 1.501
TP2 1.01
S/L 1.84
Failed -Bake short - Chart 30M - 03/07/2021Entry: 1.7545
SL: 1.7713
TP: 1.7203
Chart 30M
Date: 03/03/2021
BAKE - USDT STRONG BUY ZONEBAKE - USDT STRONG BUY ZONE
BAKE - USDT STRONG BUY ZONE
BAKE - USDT STRONG BUY ZONE
BAKE dump?Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
BAKEUSDT: Patience is keySo far I haven’t seen any reason to sell if your holding. The 6.3 support generally seems like a good support for price action to bounce off of but for ME there’s one small problem. This might not be a problem with other traders but it is for me. Although price action is hanging around the horizontal line of support, it has managed to close below it. Although that didn’t trigger any sell offs which indicates that my support is still valid, I want a clean support. One without any rough edges. So I’m gonna use the 50 SMA below as my new area of support. If you wanna trade this I’ll advice to place your stop loss below the 50 SMA and wait till the price action gets close enough to the SMA that if you get stopped out the loss will be little and for those hodling or trading spot, I’ll give you the same advice you may have heard elsewhere... BUY THE DIP
