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anothertraderontheinternet
Apr 19, 2021 8:39 PM

CAKE Long

PancakeSwap Token / TetherKuCoin

Description

Cake breaking to the topside of a down-sloping channel and retesting old resistance as support, with support also being shown at a fib retracement as well. Fared especially well with the recent correction, and large amounts of demand being absorbed while still respecting the demand at the bottom of the channel as support. Oscillators have confirmed both a higher high, as well as a higher low locally.
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