Hello guys,
According to the tight bollinger bands, i expect a strong move soon on cake.
Price is currently above 0.5 fib level.
Furthermore, this one as been moving inside a big consolidation triangle since a long time...
Depending on BTC (strong downside move) we could see a retrace to the lower fibonnacci levels (0.618 / 0.786). Resistance levels are shown with the red lines.
NFA
According to the tight bollinger bands, i expect a strong move soon on cake.
Price is currently above 0.5 fib level.
Furthermore, this one as been moving inside a big consolidation triangle since a long time...
Depending on BTC (strong downside move) we could see a retrace to the lower fibonnacci levels (0.618 / 0.786). Resistance levels are shown with the red lines.
NFA
Trade active
red path ...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.