$CAKE next 24 hours: bullish while support holds
Holds above: 1.843
Upside path: 1.919 then 1.952
Invalidated below: 1.782
CAKE in the next 24 hours: the base case and the spoiler
CAKE is at 1.855, up 6.2% over the last 24 hours.
The trend is up and every dip keeps getting bought.
As long as 1.843 holds, the path of least resistance points to those targets in the coming hours. Losing 1.782 flips it and opens the slide lower.
Treat the faded path like a route on a map, not a schedule: useful for direction, silent on timing.
Trade CAKE: spot https://www.binance.com/en/trade/CAKE_USDT | futures https://www.binance.com/en/futures/CAKEUSDT
$CAKE #CAKE #Write2Earn #TradingSetup #Altcoins
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
Holds above: 1.843
Upside path: 1.919 then 1.952
Invalidated below: 1.782
CAKE in the next 24 hours: the base case and the spoiler
CAKE is at 1.855, up 6.2% over the last 24 hours.
The trend is up and every dip keeps getting bought.
As long as 1.843 holds, the path of least resistance points to those targets in the coming hours. Losing 1.782 flips it and opens the slide lower.
Treat the faded path like a route on a map, not a schedule: useful for direction, silent on timing.
Trade CAKE: spot https://www.binance.com/en/trade/CAKE_USDT | futures https://www.binance.com/en/futures/CAKEUSDT
$CAKE #CAKE #Write2Earn #TradingSetup #Altcoins
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
