Hello trading view community. Should you like this analysis please support with likes and comment your idea below the analysis please. Thanks.
Never risk more than you can afford to lose.
Always DYOR.
CAKE has reacted to the weekly resistance zone ($9.270 - $9.239 in blue) it may drop to monthly support level ($5.07 - $5.048)
since BTC may crash more upto $30k then one may expect the cryptocurrency market to crash more, where CAKE may even break down its monthly support zone at ($5.075).
This is a personal idea and I am not a financial adviser
Never risk more than you can afford to lose.
Always DYOR.
CAKE has reacted to the weekly resistance zone ($9.270 - $9.239 in blue) it may drop to monthly support level ($5.07 - $5.048)
since BTC may crash more upto $30k then one may expect the cryptocurrency market to crash more, where CAKE may even break down its monthly support zone at ($5.075).
This is a personal idea and I am not a financial adviser
