Bake possible short or long

7 Ağu 2023

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.

7 Ağu 2023

Not

31th of July could be a similar candle. Pump before bigger dump.

7 Ağu 2023

Not

I think we are done.
Lets go deeper

8 Ağu 2023

Not

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

11 Ağu 2023

Not

I think new lows coming after the small breakout

I opened a short position