Finally we are seeing some movement in the market after a few days of sideways momentum. Personally, I do believe the bottom is in and all the FUD has ended, for now.
We see BTC breaking above the 4 hour EMA ribbon and also breaking out of the pennant resistance, which is a bullish sign. However, there are some key levels for BTC to break before we can confirm...
Like all other alt coins, $Cake seems to be on the breakout and it has formed the inverse head & shoulders pattern. Just a simple neckline shows us it will be retracing back to $33 zone where it held strong before the "manipulation" happened. It has also broken above the EMA ribbon which is another bullish sign.
(based on 4 hour chart)
You may put in a long ...