Technical analysis by Suhulo about Symbol CAKE: Buy recommendation (2/25/2025)
https://sahmeto.com/message/3280505
Suhulo
Rank: 33562
Analytical Power:
1.3
CAKE Triangle break out + nex support
:Buy
Price at Publish Time:
$2.14
The triangle was broken and now on the way to test lower support at 2,03-1,88usd. All driven by BTC now, if BTC falls lower the probability of upward momentum grows and might be very quick for whole market. I´d avoid any short positions and rather DCA on the way down.Went as expected. Wait for next move.
Source Message: TradingView