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 attivo

Commento:

past resistance confirmed support

Trade chiuso: obiettivo raggiunto

Commento:

27 cents is the next resistance

Commento:

27 cent resistance no more.

Commento:

1.25 is the next resistance.

Commento:

Now 500% in less than 8 weeks.

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

3-day

Trade attivo:

Think this one might be about to lift off.