BINANCE:CAKEUSDT   CAKE / TetherUS
#CAKE

The pair has been moving in a descending triangle since April 2022

The price broke the upper border of the triangle
Supported by the momentum of the Moving Average 100 that is about to be broken
Oversold on MACD

It is expected to break the Moving Average 100, heading toward upward targets
The price now is 20.2
The first goal is 90.4
Second goal 9.30

Which represents 400% of the current price

Support and resistance points must be taken into account as there are possible corrections that may take some time during the rise

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