CAKEUSDT:RISING WEDGE, CONFIRMATION OF SHORT OPPORTUNITY?

CAKEUSDT:RISING WEDGE, CONFIRMATION OF SHORT OPPORTUNITY?

Hello Enthusiast Coin Traders! Here’s medium-term outlook for CAKEUSDT , Please give us the thumbs up and support the channel by Smashing the FOLLOW button 🙂

CAKEUSDT broke out of the Rising Wedge pattern. Rising Wedge Pattern indicates a potential bearish movement ahead. The MACD indicator is crossing down below the zero level, it signify the potential bearish bias ahead.

The roadmap will be invalid after exceeding the resistance/target area.

DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the cryptocurrency