CAKE / TetherUSViés de baixa
CAKEUSDT Heading South in the short term
After the downtrend being broken on Jan 24th, the upside move was able to penetrate the closest relevant level (4,08 USDT-4,32USDT) although it could not hold it.
Such short term weakness leaves a clear path down towards 3,13/3,30 USDT level.
3,46 USDT will be a key level to hold for bulls as it would open the possibility of having HHs and HLs.
5,5 USDT is still THE LEVEL to go 100% bullish on Cake.
Such short term weakness leaves a clear path down towards 3,13/3,30 USDT level.
3,46 USDT will be a key level to hold for bulls as it would open the possibility of having HHs and HLs.
5,5 USDT is still THE LEVEL to go 100% bullish on Cake.
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