i am no days monitoring Cake and taking in consideration of the market conditions, it is about time that this project must make a move.
Long time now that Cake is totally oversold and under sell pressure, but if we see it in Daily tf, we could see that volume it is trying to increase and price going slowly up, if you see the oscillators on 4H tf, they show that it is full buy and knowing that some projects have already skyrocketed latest days, i would like to think that maybe even Cake must follow.
if breakout happens tomorrow as i could think it must, then i think Cake it will hit 2.8 - 3.5$
This is only for spot trade.
nfa
dyor
Long time now that Cake is totally oversold and under sell pressure, but if we see it in Daily tf, we could see that volume it is trying to increase and price going slowly up, if you see the oscillators on 4H tf, they show that it is full buy and knowing that some projects have already skyrocketed latest days, i would like to think that maybe even Cake must follow.
if breakout happens tomorrow as i could think it must, then i think Cake it will hit 2.8 - 3.5$
This is only for spot trade.
nfa
dyor
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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.