Fellow programmers.
Happy #hacktoberfest. This event, hosted over here, is about giving back to open source projects. We encourage you all to check it out and make some contributions. We prepared some issues by ourself, they can be found here, but fear not to take on other issues in our repo.
If you have any questions, feel free to ask them away in our chats, we are there to help!
#BAKE/USDT analysis :
#BAKE is currently retracing towards the 200 EMA. The price is expected to retest this moving average before continuing its bearish momentum. The current level presents a favorable opportunity for a long entry.
TF : 2h
Entry : $0.1507
Target : $0.1700
SL : $0.1414
#BAKE/USDT analysis :
The price is in an uptrend, forming higher highs (HHs) and higher lows (HLs) above the 200-period exponential moving average (200 EMA). The price is expected to bounce back from this level and continue its bullish momentum, aiming to test the previous swing high.
TF : 1h
Entry : $0.2783
Target : $0.2929
SL : $0.2705