Is Cake rocketing again?
Hello traders ! In the logarithmic chart, it seems cake is following parallel chanel on the cart. Buying on these levels can be risky. I would prefer considering other coins. The 20 day moving average and in the 4 hour chart 200 EMA points out 33 levels can be targets and very good supports if it corrects - falls. Have a nice day!
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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.