BecomeACryptoMillionaire

Expecting CAKE to continue to trend down till we have 200 EMA

Short
BINANCE:CAKEUSD   CAKE
We originally published an idea narrating the path for $CAKE to head to $40. We also drew a trendline showcase the price progression.

Now that $CAKE broke past $40, we are expecting $CAKE to continue to trend down and bounce of 200 EMA for support.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.