I was analyzing 
CAKEUSD this morning and realized it's in a pretty predictable ascending channel.
After looking at the date range and price gains for its daily candles, my projection is that we'll see a rough 32% gain fulfill within the next week.
What do you think?
CAKEUSD this morning and realized it's in a pretty predictable ascending channel.After looking at the date range and price gains for its daily candles, my projection is that we'll see a rough 32% gain fulfill within the next week.
What do you think?
Note
CAKE is following my pattern to the T on the 4 hour window. When do you think is a good time to buy in?
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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.