Technical analysis by surapats about Symbol CAKE: Sell recommendation (1/22/2022)

CAKEUSD has been forming on WTZ1 and WTZ2 trade set up in multi-swing setsWTZ2 in downtrend (TF Day). We can measure the target price with Fibo P.200% together with Fibo E.61.8% measuring from the multi-swing sets. It's possible to continue the downtrend to this target. So, I decide to open short again for BNB and also other crypto coins with this setup due to high expected rewards with limited risks.