CAKE seems to have finished one full cycle with that last correction. If BTC drops it could however drop further to the 25$ area.
the previous structure shows 5 waves with the fifth being extended. these 5 waves are the 1st wave of a bigger structure and the ABC correction is wave 2. IF BTC holds here we could see the start of wave 3 that can stretch up an should be longer than the previous wave 1..
the previous structure shows 5 waves with the fifth being extended. these 5 waves are the 1st wave of a bigger structure and the ABC correction is wave 2. IF BTC holds here we could see the start of wave 3 that can stretch up an should be longer than the previous wave 1..
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and follow me on twitter:
twitter.com/cryptoheat
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For More TA join our Discord group:
discord.gg/ATBB8wnXTd
and follow me on twitter:
twitter.com/cryptoheat
and check out my videos on youtube:
youtube.com/channel/UCiiOggxpyJGL3AIRnlMeWNQ
discord.gg/ATBB8wnXTd
and follow me on twitter:
twitter.com/cryptoheat
and check out my videos on youtube:
youtube.com/channel/UCiiOggxpyJGL3AIRnlMeWNQ
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.