BAKEBUSD (BAKE) - POTENTIAL BUY ENTRY
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 (R1).
TARGET 🎯
- Descending channel resistance.
SETUP INVALIDATION ❌
- Breakdown below the falling wedge's support.
- 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 (R1).
TARGET 🎯
- Descending channel resistance.
SETUP INVALIDATION ❌
- Breakdown below the falling wedge's support.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.