CAKE Channels
CAKE has broken out of its uptrend channel and will probably drop until it hits the bottom of the long-term uptrend channel.From there it'll either bounce back up or break out and drop even further.
IMO it will bounce back up, probably around $0.07
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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.