potas58

CAKE / USDT - Potential target 60%

Long
BINANCE:CAKEUSDT   CAKE / TetherUS
According to Elliot wave theory, we are heading towards 3.812
after that, we should see a quick rebound with a potential target of 60%.
I would like to remind you that we are currently in a bullish market and purchasing power of ETFs is so strong that it has completely disrupted halving cyclicality.

We are currently going through a Supply Shock on BTC, which only fuels capital and increases in other cryptocurrencies.

Good luck
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