Short
CAKE in the verge of the "death zone"
CAKE token has been struggling for a very long while.
We thought the sky was clear once we so the probable Wave 2 and an impulse that promised to be, and was not, Wave 3.
Sadly Wave 2 is being redrawn and 0.886% has been tested... today.
Should it break (and close a daily candle) below said Fibonacci value and it will be very unlikely to see a recovery.
Worried and attentively watching how it evolves...
We thought the sky was clear once we so the probable Wave 2 and an impulse that promised to be, and was not, Wave 3.
Sadly Wave 2 is being redrawn and 0.886% has been tested... today.
Should it break (and close a daily candle) below said Fibonacci value and it will be very unlikely to see a recovery.
Worried and attentively watching how it evolves...
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.