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TheCeleryInvestor

BAKE - Ascending Triangle formed on 15 min chart

Long
TheCeleryInvestor Aggiornato   
BINANCE:BAKEBUSD   None
Trend Analysis Technical Indicators Chart Patterns
6
6
trendanalysis indicator chartpattern
As long as sentiment remains positive, I can realistically estimate BAKE to be prices at $15 - $20 in the coming week. BAKE is currently in accumulation and has formed a continuation pattern.
Commento:
Nice bounce off the trend line @ $2.05. Maintaining my bullish outlook. SL @ $1.85
Commento:
BAKE took a nasty dump last night but appears to have broken out of a descending channel to the upside on the 5 minute chart. Expected drop to 1.53 to retest the level.
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