CAKE/USDT Idea

Dec 24, 2023

This my CAKE/USDT idea since 2021. When I saw it's happened I shared.

Dec 26, 2023

Trade closed: target reached

First target reached: 3.5$
W formation on 4 hour timeline;

"W Bottoms and Tops chart patterns are formed when a stock's price drops, then rises again before dropping once more and rising for a second time, creating a W-shaped pattern on the chart. The pattern signals that the downtrend may be reversing into an uptrend."