Technical analysis by mehdi_kazempoor about Symbol CAKE on 3/17/2022

Hello friends The cake's currency code formed an AB = BC pattern that retreated 61.8% of the A wave. Therefore, I conclude that the price target could have been 1.618 BC wave retreat, which hit its target yesterday and today the market had a good reaction to this area, which caused a 20% growth of this currency code. Cypher is approved with a target range of $ 25 to $ 26. what is your opinion ?