Break the CAKE, new lows? new range? God knows...
The case presented it's on the premises that we are going to continue the downtrend. On the other hand, if the price can go and challenge the pink trendline, I will reconsider all of this. Until I prove otherwise, I believe this is the most likely thing to happen.
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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.