CAKE / TetherUS
Long
Updated

Cup & handle and Fibonacci to $6.5 USD

If the Cup and handle patter its confirmed we should be looking at the next resitance at $6.5 USD.

Also, the last Fibonacci retracement is proyecting to $6.5 USD.

Will update soon.
Note
It seems we have tested $4 as the new support
Note
If there is no more external factors, it will be normal and natural to retest the $5 mark as new support. Still confident to get $6.5 target

Always be careful, corrections are healthier for keeping a bull run.
Note
We did test 1.618 in Fibonacci and retest $4 as new support. So far, so good.

Target still at $6.5

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