BAKE / TetherUS

What will happen to BAKE?

From the place where we placed the red arrow on the chart, it seems that the BAKE correction has occurred.

This correction looks like a diametric as we are now in wave E of this diametric.

In the green range, wave E is expected to end and then we enter wave F.

We are looking for buy/long positions in the green range.

Closing a daily candle below the invalidation level will violate this analysis

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You

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