CAKE/BTC
Everything is ready for a great pump
The long downtrend line in the daily time frame is ready to break due to the compaction of the candles below the trend line .
Also, the price in the Fibonacci area is 1.618, which can push the price up from this area.
The rsi downtrend line is also ready to break.
In case of breaking the daily trend lines and rsi , the price target could be the 0.5 Fibonacci retracement zone.
The long downtrend line in the daily time frame is ready to break due to the compaction of the candles below the trend line .
Also, the price in the Fibonacci area is 1.618, which can push the price up from this area.
The rsi downtrend line is also ready to break.
In case of breaking the daily trend lines and rsi , the price target could be the 0.5 Fibonacci retracement zone.
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