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Giankpetrov

Cup & handle and Fibonacci to $6.5 USD

Long
CAKE / TetherUS (BINANCE:CAKEUSDT)  
Giankpetrov Updated   
BINANCE:CAKEUSDT   CAKE / TetherUS
Chart Patterns Technical Indicators Trend Analysis
15
0
chartpattern indicator trendanalysis
If the Cup and handle patter its confirmed we should be looking at the next resitance at $6.5 USD.

Also, the last Fibonacci retracement is proyecting to $6.5 USD.

Will update soon.
Comment:
It seems we have tested $4 as the new support
Comment:
If there is no more external factors, it will be normal and natural to retest the $5 mark as new support. Still confident to get $6.5 target

Always be careful, corrections are healthier for keeping a bull run.
Comment:
We did test 1.618 in Fibonacci and retest $4 as new support. So far, so good.

Target still at $6.5
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