Hi guys, this is my second TA about $CAKE. Before I start, please be aware that this is not financial advice.
If you guys are aware, $CAKE has formed a perfect parabolic teacup resulting in vertical shot-up in the coming days. But where will it go? the target?
So I revisit the 1D time-frame chart last February when $CAKE gains 200% price movement in just 11...
BINANCE:BTCUSDT / COINBASE:BTCUSD almost completed its triangle pattern and probably will shot up either this or next week. This pattern also showed up in early January 2021. In February, the price rallied up for almost 3 weeks resulting in almost 2x the previous price (look at my 1W chart). Meanwhile, BTC supertrend strategy still in 'Buy' signal. Be ready for...
Anyone who hasn’t joined in $CAKE train, don't feel get left behind. Buy signal on 1D timeframe has just formed yesterday, March 27th. The support line also has formed.
The last formed signal was when $CAKE was 0.7 USD on Jan 17, 2021 - resulting in 20x price during the rally.
Can you guess which target it will aim this time?? 🚀