Keep in view.
Down trend ends when the price hits over the red resistance line.
Long term bullish trend still exists.
56000 is possible for the next target
Currently BTC had lose its position at the 4hr mid-long term bullish trend line.
Is this a 2-breakout? Maybe, it happens so many times in these days. Becareful at this moment.
What if breakout confirmed?
Yea, just wait for a best long position at around 42500.
Get into it when the the 42500 support confirmed twice and formed a W-shaped bottom. Stop profit before...
CAKEUSDT will face a small correction after pumping for almost 100%.
16.1 is the best spot to buy in, stop loss if below 15.4.
High chance to retest resistance after this correction.
