Long
CAKE possible Bearish or fall Support 3 or Good Support
Cake gives signs of a possible downtrend towards 15 usdt and from there start a rally towards 32
This is on the basis that the indicators are turning bearish, the bulls are not winning.
RSI, MACD, ADX, PSAR, etc ...
In 6h charts.
It is a matter of time to confirm a possible downtrend.
Or maybe we bounce playing the first support
Exchange CAKEBUSD 1d Binance
Price: 22.56| 22.52| 23.56
Vol: 10,772|1,520,193|2,070,115
ATR: 2.6405
✅OBV: 83.1 M| 83.1 M| 84.6 M
⚪️RSI: 60.40| 60.30| 64.04
⚪️MFI: 64.90| 63.04| 68.47
⚪️CCI: 24.65| 31.66| 49.49
❌WR%: -78.67| -84.56| -69.17
✅ADX: 46.50| 46.81| 47.15
✅MOM: Bullish Momentum
✅SMA: Price is Above SMA Bullish
✅ADI: +DI >DI BULLISH
❌MACD: Bearish
❌PSAR: Bearish
Support And Resistance
S: 15.59550000
S: 16.75000000
S: 18.00380000
S: 19.00000000
S: 21.10000000
S: 22.51700000
R: 23.23170000
R: 24.13040000
R: 26.14150000
R: 26.20570000
Volatility is very high
EXPERIMENTAL 🧪
⚪️RSI:No divergences
⚪️MFI:No divergence
⚪️FVE: No divergence
🐻Volume: Bearish Volume Trend
This is on the basis that the indicators are turning bearish, the bulls are not winning.
RSI, MACD, ADX, PSAR, etc ...
In 6h charts.
It is a matter of time to confirm a possible downtrend.
Or maybe we bounce playing the first support
Exchange CAKEBUSD 1d Binance
Price: 22.56| 22.52| 23.56
Vol: 10,772|1,520,193|2,070,115
ATR: 2.6405
✅OBV: 83.1 M| 83.1 M| 84.6 M
⚪️RSI: 60.40| 60.30| 64.04
⚪️MFI: 64.90| 63.04| 68.47
⚪️CCI: 24.65| 31.66| 49.49
❌WR%: -78.67| -84.56| -69.17
✅ADX: 46.50| 46.81| 47.15
✅MOM: Bullish Momentum
✅SMA: Price is Above SMA Bullish
✅ADI: +DI >DI BULLISH
❌MACD: Bearish
❌PSAR: Bearish
Support And Resistance
S: 15.59550000
S: 16.75000000
S: 18.00380000
S: 19.00000000
S: 21.10000000
S: 22.51700000
R: 23.23170000
R: 24.13040000
R: 26.14150000
R: 26.20570000
Volatility is very high
EXPERIMENTAL 🧪
⚪️RSI:No divergences
⚪️MFI:No divergence
⚪️FVE: No divergence
🐻Volume: Bearish Volume Trend
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.
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.