Hello guys,
According to the tight bollinger bands, i expect a strong move soon on cake.
Price is currently above 0.5 fib level.
Furthermore, this one as been moving inside a big consolidation triangle since a long time...
Depending on BTC (strong downside move) we could see a retrace to the lower fibonnacci levels (0.618 / 0.786). Resistance levels are shown with the red lines.
NFA
According to the tight bollinger bands, i expect a strong move soon on cake.
Price is currently above 0.5 fib level.
Furthermore, this one as been moving inside a big consolidation triangle since a long time...
Depending on BTC (strong downside move) we could see a retrace to the lower fibonnacci levels (0.618 / 0.786). Resistance levels are shown with the red lines.
NFA
Trade active:
red path ...