Short Term, 1 Hour | CAKE/USDT | Great opportunity to BUY

In the chart you will see my speculation and small analysis of the instrument $CAKE.

By any means don't take this analysis as financial advice and do your own research before initiating and risking capital

Trade active:

Bought at the BUY ZONE.
Expecting the price to go around 11.00.

Trade closed: target reached:

Price reached my expectations of 11, if you opened a position in the buy zone and closed at 11, you would had profit.
Since I am long term holder, I will keep you updated on the chart for $CAKE.
Right now we are seeing higher lows which can result a upwards trend.