BAKE BULLISH SET UP ANALYSIS.

The technical set up of #BAKE/USDT is so enticing for you to miss it. As illustrated in the image below.

The following are the reasons I believe #BAKEUSDT is destined to hit 1$ soon.

1. Price of #BAKE retraced from the recent rally in daily time frame to around 23.6% finonacci level.

2. Price of BAKE has bounced from EMA 50 line.

3. Price respected the daily time frame support at 0.3119 and weekly support at 0.3622.

4. Formation of a hammer candle on the 8th of January (daily time frame)

5. Daily candle on the 10th bullishly engulfed that of the 9th January.

Don't miss this Gem $BAKE it's time to load your bags.

Entry price: 0.39-0.41

Target price: 0.9-1

Stop loss: 0.36

Remember this is a spot call.

DYOR

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