Hello traders
CAKE is one of the high potential coin , as you can see in the chart CAKE price already is on the weekly support ; previous time that price was here and formed something like double bottom or maybe triangle like what we already have here move about 237% .
so keeping your eyes on it.
for opening long position price needs volume supported breakout , but if you are holding this coin for an long term trade you can accumulated this coin in this area because price have support from weekly structure.
I hope you enjoyed this analysis.
Do not forget to like and subscribe.
CAKE is one of the high potential coin , as you can see in the chart CAKE price already is on the weekly support ; previous time that price was here and formed something like double bottom or maybe triangle like what we already have here move about 237% .
so keeping your eyes on it.
for opening long position price needs volume supported breakout , but if you are holding this coin for an long term trade you can accumulated this coin in this area because price have support from weekly structure.
I hope you enjoyed this analysis.
Do not forget to like and subscribe.
