After breaking out from the falling wedge, Cake is now in an upward channel. If it continues to follow this channel, a $60 cake in May is possible.
RSI is neither overbought or oversold.
MACD has also crossed.
Red Lines are resistance. Green is TP for me personally.
Correction for WRX has nearly completed, as it nears the end of its bull flag and seemingly broken out. Wait for a few more candles to confirm this. RSI on the daily is neither overbought or oversold. MACD on the daily is also set to cross; wait for cross for confirmation of a buy signal. WRX has also found support on the 50 EMA on the 1D..
Historically, Cake has made significant upside moves after bouncing off the 100 EMA on the 4hr. So far, Cake has bounced off it. Also, Cake seems to be in a falling wedge, another bullish indicator. I expect a move past previous ATH ($44) really soon. And finally, a crossover of the MACD on the 4hr is also about to occur.