🔥 CAKE Falling Wedge: Break Out Expected!
On several previous occasions I've written about CAKE and the fact that this token is dying. I don't see CAKE perform well in the next bull-run, but that doesn't mean that CAKE can't go up.
I'm looking at the falling wedge on the chart. If we can get a break out in the near future, ideally above 2$, I'd wager that the break out is a success. My target would be 10$. Might be far-fetched, buit seeing that CAKE was one of the major losers of the bear market, there's potential for a big bounce.
I'm looking at the falling wedge on the chart. If we can get a break out in the near future, ideally above 2$, I'd wager that the break out is a success. My target would be 10$. Might be far-fetched, buit seeing that CAKE was one of the major losers of the bear market, there's potential for a big bounce.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.