There is a good potential for CAKE to jump towards 24 upon a breakout of the dynamic resistance. It might also drop to $15.5 before another attempt of breaking the resistance, hence place a SL below that level.
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.
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.