ray3spinoza

BREAK DOWN before DROP then EXPLOSION

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BINANCE:CAKEUSD   CAKE
CAKE has a good chance of making one last leg down before hitting a good Buy Zone ($1.20 - $1.05)!

I’m not a big fan of support lines, but this one has some validity especially since the MACD is losing momentum.

Then the next move we may see some serious green candles to the upside.

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I like to keep my analysis simple and clean.
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