The volatility in the crypto market is showing no signs of stopping and popular metrics for measuring market sentiment, Crypto Fear & Greed index, fell to all time low this week. Given the severe bearsih looking situation, I 'm bullish on market then I was ever. Some alts are looking fantastic and as soon as BTC finds support, alts will fly again.
CAKE is turning bullish on 4h and daily chart. RSI is showing bullish divergence, price (wick) tapped higher low and forming falling wedge pattern. As soon as CAKE breaks out of wedge formation it will become even more bullish. My target is $30.
CAKE is turning bullish on 4h and daily chart. RSI is showing bullish divergence, price (wick) tapped higher low and forming falling wedge pattern. As soon as CAKE breaks out of wedge formation it will become even more bullish. My target is $30.