BAKE / TetherUS
Updated

Bake possible short or long

259
Bake was in a trend that points to new lows.
But suddenly today BAKE resurrected from below the lower range up to mid-range.

We have to watch the daily close closely. If it closes below the trendline new lows coming.
If it is close upper, maybe we can long that to mid-range or range high.
Note
31th of July could be a similar candle. Pump before bigger dump.
Note
I think we are done.
Lets go deeper
Note
I was wrong
Second daily candle above the line, we can flip to long

but just for short term because BTC could go lower anytime
Note
I think new lows coming after the small breakout

I opened a short position

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