BAKE NEW UPDATE (1D)
This analysis is an update of the analysis you see in the "Related publications" section
Given the positive news in the crypto market, the diametric scenario and further time-price correction seems to be canceled, and instead of the diametric, we now have a triangle.
As long as it maintains the green zone, it can move towards the targets.
Closing a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Given the positive news in the crypto market, the diametric scenario and further time-price correction seems to be canceled, and instead of the diametric, we now have a triangle.
As long as it maintains the green zone, it can move towards the targets.
Closing a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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