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 ist aktiv

Kommentar:

past resistance confirmed support

Trade geschlossen: Ziel wurde erreicht

Kommentar:

27 cents is the next resistance

Kommentar:

27 cent resistance no more.

Kommentar:

1.25 is the next resistance.

Kommentar:

Now 500% in less than 8 weeks.

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

3-day

Trade ist aktiv:

Think this one might be about to lift off.