The high-quality confluence trade of CAKEDUSDT is about to present itself.
Following TA tools confluence in the region where we are now:
1. Support zone (grey rectangle box)
2. Fibonacci retracement levels of 50%
3. EMA 200 Daily
Each confluence factor increases the quality of the trade since each one of them attracts different schools of traders. Therefore also the probability of a winning trade increases. (still a probability, there is no certainty)
Good luck!
OZ