Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a one-day-time frame analysis for CAKEUSDT

Based on our last analysis on September 28, we expected a falling trend to happen and fortunately, we had a true prediction and all our targets are hit since then. Here R1 is as our resistance area which includes the disability of the price in order to rise. And S1 and S2 area the support areas and both express the support of price at some points. Accordingly, we have the price fluctuating over S1 and we believe it will give us some rising signs for an increase toward R1. Or it is possible that the price loses the support at S1 and face a falling trend toward S2. The future reveals what will happen.

Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.

Wish you luck

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