CAKE looking for continuation

1 мая 2021 г.

Here's a quick look at CAKE 30 min chart. As we can see, the price is right now printing a bull pennant which is a continuation sign. CAKE had a great run and could easily go higher from here! Keep an eye on CAKE!

The idea is: Buy the breakout from the falling channel and Take profits at the levels shown in the chart.
Targets:
1. 42.5$
2. 44$
3. 47$
4. 52$

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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!