BAKERYTOKEN - BAKE/USDT - 15 min. - Technical analysis published on 09/17/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 0.117400 USDT
My targets
0.109300 USDT (-2.06%)
0.105200 USDT (-5.73%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BAKERYTOKEN - BAKE/USDT as long as the price remains well below 0.117400 USDT. The sellers' bearish objective is set at 0.109300 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.105200 USDT. In case of crossing, the next objective would be the support located at 0.097100 USDT.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.8
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This analysis was given by Henry07. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BAKERYTOKEN - BAKE/USDT rating 0.111600 USDT. The price is lower by -1.50% since the last closing and was traded between 0.106000 USDT and 0.119500 USDT over the period. The price is currently at +5.28% from its lowest and -6.61% from its highest.0.106000
0.119500
0.111600
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on BAKERYTOKEN - BAKE/USDT were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of BAKERYTOKEN - BAKE/USDT in 15 min. shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.102383 | 0.105135 | 0.109600 | 0.111600 | 0.112300 | 0.135700 | 0.154167 |
| Change (%) | -8.26% | -5.79% | -1.79% | - | +0.63% | +21.59% | +38.14% |
| Change | -0.009217 | -0.006465 | -0.002000 | - | +0.000700 | +0.024100 | +0.042567 |
| Level | Intermediate | Intermediate | Minor | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.093000 | 0.097100 | 0.105200 | 0.109300 | 0.117400 | 0.121500 | 0.129600 |
| Camarilla | 0.109945 | 0.111063 | 0.112182 | 0.113300 | 0.114418 | 0.115537 | 0.116655 |
| Woodie | 0.095000 | 0.098100 | 0.107200 | 0.110300 | 0.119400 | 0.122500 | 0.131600 |
| Fibonacci | 0.097100 | 0.101760 | 0.104640 | 0.109300 | 0.113960 | 0.116840 | 0.121500 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.075400 | 0.083020 | 0.098160 | 0.105780 | 0.120920 | 0.128540 | 0.143680 |
| Camarilla | 0.107041 | 0.109127 | 0.111214 | 0.113300 | 0.115386 | 0.117473 | 0.119559 |
| Woodie | 0.079160 | 0.084900 | 0.101920 | 0.107660 | 0.124680 | 0.130420 | 0.147440 |
| Fibonacci | 0.083020 | 0.091714 | 0.097086 | 0.105780 | 0.114474 | 0.119846 | 0.128540 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.010653 | 0.046507 | 0.069893 | 0.105747 | 0.129133 | 0.164987 | 0.188373 |
| Camarilla | 0.076989 | 0.082419 | 0.087850 | 0.093280 | 0.098710 | 0.104141 | 0.109571 |
| Woodie | 0.004420 | 0.043390 | 0.063660 | 0.102630 | 0.122900 | 0.161870 | 0.182140 |
| Fibonacci | 0.046507 | 0.069136 | 0.083117 | 0.105747 | 0.128376 | 0.142357 | 0.164987 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 43.48 | |
| MACD (12,26,9): | -0.0008 | |
| Directional Movement: | -7.591105 | |
| AROON (14): | -21.428572 | |
| DEMA (21): | 0.110950 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.113950 | |
| Elder Ray (13): | -0.000483 | |
| Super Trend (3,10): | 0.113954 | |
| Zig ZAG (10): | 0.111100 | |
| VORTEX (21): | 0.9320 | |
| Stochastique (14,3,5): | 27.62 | |
| TEMA (21): | 0.110549 | |
| Williams %R (14): | -67.14 | |
| Chande Momentum Oscillator (20): | -0.003300 | |
| Repulse (5,40,3): | 0.7667 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0819 | |
| Courbe Coppock: | 6.19 |
| MA7: | 0.100879 | |
| MA20: | 0.098675 | |
| MA50: | 0.098183 | |
| MA100: | 0.100462 | |
| MAexp7: | 0.111163 | |
| MAexp20: | 0.111927 | |
| MAexp50: | 0.112692 | |
| MAexp100: | 0.111951 | |
| Price / MA7: | +10.63% | |
| Price / MA20: | +13.10% | |
| Price / MA50: | +13.67% | |
| Price / MA100: | +11.09% | |
| Price / MAexp7: | +0.39% | |
| Price / MAexp20: | -0.29% | |
| Price / MAexp50: | -0.97% | |
| Price / MAexp100: | -0.31% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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