#CAKE is trying to break out the falling wedge pattern on the daily chart. The next resistance level is MA200, which is around $3.00 level
In case of a breakout, the targets are:
$3.490
$3.825
$4.160
$4.574
$5.243
We are bullish on it.
In case of a breakout, the targets are:
$3.490
$3.825
$4.160
$4.574
$5.243
We are bullish on it.
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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.