BAKE / TetherUS
Updated

BAKE looks bearish

808
From where we put a red arrow on the chart, it looks like the BAKE correction has started.

This correction appears to be a diametric, whose wave D is now ending.

We expect the red range to maintain and drop downwards.

Closing a daily candle above the invalidation level will violate the analysis

For risk management, please don't forget stop loss and capital management
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By hitting the red box, it has dropped more than 32%

snapshot

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