It looks like there is no going up for BAKE - currently at resistance with bearish divergence on the rsi on all timeframes. As always btc is the lead dog, so before placing trades it would be good to confirm btc price movement as it seems to consolidate around resistance level. Due to the above bake is a nice candidate for a short entry, but fakeouts are in play.
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.