CAKE / TetherUS
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ðŸ”Ĩ CAKE Bullish Trend Intact: Reversal Expected

Late January I made an analysis on CAKE and the fact it broke out of a 20-month long downtrend. This analysis still stands for the long-term.

ðŸ”Ĩ CAKE Breaking Out Of 20-Month Bear Trend


In this analysis I want to focus on a more shorter-term analysis, As seen on the chart, CAKE has been bouncing off the bottom dotted support several times now. In my view, it's likely that CAKE will see a bounce of some kind in the near future. Targets in blue.

āļ„āļģāļˆāļģāļāļąāļ”āļŠāļīāļ—āļ˜āļīāđŒāļ„āļ§āļēāļĄāļĢāļąāļšāļœāļīāļ”āļŠāļ­āļš