BakeryToken (BAKE) token to 20 cents

On the above daily chart price action has corrected 40% from the recent high of 20 cents. Price action is about to return there. Why?

1) Price action and RSI resistance breakouts.

2) Price action confirms support confirms on resistance.

3) Bull flag breakout forecasts a 50% move in price action.

Is it possible price action corrects further? sure.
Is it probable? no.

Ww

Type: trade
Risk: <6%
Timeframe for long: Yesterday
Return: 50%

Trade active

Note

past resistance confirmed support

Trade closed: target reached

Note

27 cents is the next resistance

Note

27 cent resistance no more.

Note

1.25 is the next resistance.

Note

Now 500% in less than 8 weeks.

Strong overbought conditions are now printing in both USD and BTC pairs (orange circle).

3-day

Trade active

Think this one might be about to lift off.

without_worries

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR

Also on:

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without_worries

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR

Also on: