TradingView
theTAguy
Oct 8, 2021 8:35 PM

CAKE is not the coin to buy right now. 

BINANCE:CAKEUSDT240
CAKE / TetherUSBinance

Description

⋅
CAKE has be following the Fibonacci for a long time now, currently in a downtrend. It bounced back from the 0.618 level on Fibonacci retracement. Wait for it to break out from any side before buying or shorting.
Trend AnalysisChart PatternsBeyond Technical AnalysisCAKEcakeusdtfibonacciresistanceCryptocurrency
More