Get started
Blacklotus1992

Cake Bullish. $60 Target in May

Long
CAKE / TetherUS (BINANCE:CAKEUSDT)  
Blacklotus1992  
BINANCE:CAKEUSDT   CAKE / TetherUS
Trend Analysis Harmonic Patterns Chart Patterns
11
0
trendanalysis harmonicpatterns chartpattern
After breaking out from the falling wedge, Cake is now in an upward channel. If it continues to follow this channel, a $60 cake in May is possible.
RSI is neither overbought or oversold.
MACD has also crossed.
Red Lines are resistance. Green is TP for me personally.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.