Unfortunately for #Bakeusdt traders, the news is not good on the technical analysis side. The price broke the lower band of the ascending trend channel down. This is a break of an important support. The horizontal support at 0.2550 was also broken down. The Ichimoku indicator also gives a sell signal in every sense. Tenkan-sen cut kijun-sen down 4 days ago, giving the first signals of a decline. It also went below the red cloud.

If the price fails to rise today and enter the channel again, chikou span will throw itself under the candles and give the last "sell signal" and it seems difficult for the price to turn up in the current selling volume.