CAKE - Double bottom

20 thg 3, 2021

Here's a quick look at CAKE 4 hr chart. As we can see, the price has been forming a double bottom pattern. We might get a break soon to the upside. keep this one under your radar!

The idea is: Buy the breakout from the level shown in the chart and sell at the target areas shown in the chart.
Targets:
1. 13.6$
2. 16.1$

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BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!