CAKE 7$?
For #CAKE on the weekly timeframe, if we want to see an upward move, the price needs to bounce back from these current levels.
If the price drops below $1.40, the structure of this asset could turn bearish. For the long term, I think a target of $7 seems reasonable.
This is just my personal view, not financial advice.
If the price drops below $1.40, the structure of this asset could turn bearish. For the long term, I think a target of $7 seems reasonable.
This is just my personal view, not financial advice.
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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.
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.