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Descending Triangle Breakout
Looks like Cake/BUSD is breaking out of its descending triangle as it has formed a nice ascending triangle out of the previous trend. The blue entries are where I've bought in.
Now, assuming China doesn't publish another article about banning crypto, I could easily see this hitting $15, and then retesting previous support/resistance regions.
Take what I say with a grain of salt, I'm just some bum on the internet.
Now, assuming China doesn't publish another article about banning crypto, I could easily see this hitting $15, and then retesting previous support/resistance regions.
Take what I say with a grain of salt, I'm just some bum on the internet.
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