BINANCE:BAKEUSDT.P   BAKE / TetherUS PERPETUAL CONTRACT
Wow! Could BAKEUSDT be ready for a bright future ahead?

If we analyze this chart from a liquidity perspective, existing buyers should now be stopped out of the market, creating liquidity for the banks to swoop in and buy up.

I am new to crypto analysis but a chart like this on forex would definitely spark some interest for me.

Traders, if you have your own opinion about this idea, write in the comments section, I always reply.

RISK DISCLAIMER:
Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.

--------------------------------------------------------------------------------------------------------

Please like, subscribe, and share this idea with others!

--------------------------------------------------------------------------------------------------------




Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.