path to 50

Cake is stuck in a consolidation pattern but looks to be in a bull flag

Target (depending on how you read the flag pole) looks to be north of 50. I have my first target at the 2 fib level. Could go all the way up to the 2.618.

I found a fractal that was right before this one that had some similarities with confluence to the same level the flag pole would tag us to.

Of course, this all depends on the stability of the big boys ($eth and $btc) but this is definitely one that has cooled off and primed for another big move soon.

Cake cake cake cake

DYOR and GL!