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behdark
Nov 26, 2023 9:57 AM

BAKE UPDATE (1D) 

BAKE / TetherUSBinance

Description

The point about the bake chart is that wave c of this diametric is extended and we need to add a small wave to wave c.

The update of this diametric pattern is as shown in the picture

It seems now, we have just entered the g wave. We need confirmation and trigger for the drop after the g wave

Trade closed: target reached

reached the red range

Comments
KinaStar
We are at the monthly key support level so I'd be very wary to short this. Morever, this could actually be a potential bottom in the monthly chart.
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