BINANCE:CAKEUSDT   CAKE / TetherUS
CAKEUSDT: Price Analysis

Chart Pattern: Falling Wedge Pattern

As per Falling Wedge Pattern price is near Breakout Point and Currently RSI trying to cross 50 levels.

Wait for Breakout and Hold For Target 14.36

Falling Wedge is a Trend Reversal Pattern

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.