My view about CAKE:
1. CAKE is moving on bullish trend
2. CAKE have a potential forming Bullish Flag Pattern
3. CAKE price is on support
4. CAKE is on wave 4 rn, and should be going to wave 5 (elliott waves)
My strategy: BUY!
1. if you agresive trader, and want to buy now, its okay. But, manage your own risk. if the price going breakdown
2. if you konservatif trader, buy after breakout.
hope CAKE can be a profit.
cheers,
-NFA-