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.
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 wrongSecond 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 breakoutI opened a short position
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.