Hello guys,
Here we have CAKE in a huge Triangle formation. Usually when we have cryptos doing this type of formations in larger timeframes when there is a breakout of the formation it tends to be valid. I'm looking for CAKE to reach the last price of the ATH which is $45. After that ATH is broken I'm looking for a psychological price target of $100 long term. This coin is a great one to HODL because of the high APY you get for staking them.
Any questions or opinions feel free to share them :)
Here we have CAKE in a huge Triangle formation. Usually when we have cryptos doing this type of formations in larger timeframes when there is a breakout of the formation it tends to be valid. I'm looking for CAKE to reach the last price of the ATH which is $45. After that ATH is broken I'm looking for a psychological price target of $100 long term. This coin is a great one to HODL because of the high APY you get for staking them.
Any questions or opinions feel free to share them :)