CAKEUSDT
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for CAKEUSDT
Here we have R2 and R1 as the resistance areas that express the unsuccessful triumphs of the price in order to rise. And S1 and S2 are our support areas which include the support of the price since the past. Thus, we have the price fluctuating below R1 area and we believe it will have a decline to S1. At this area, we must wait for some signs in order to have a precise analysis. If the price gives us some confirmation candles to rise, an increase will be predicted to happen for it to R1. But in case we receive some falling signs, a decline is waiting for it toward S2 (this is not so probable at the moment).
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for CAKEUSDT
Here we have R2 and R1 as the resistance areas that express the unsuccessful triumphs of the price in order to rise. And S1 and S2 are our support areas which include the support of the price since the past. Thus, we have the price fluctuating below R1 area and we believe it will have a decline to S1. At this area, we must wait for some signs in order to have a precise analysis. If the price gives us some confirmation candles to rise, an increase will be predicted to happen for it to R1. But in case we receive some falling signs, a decline is waiting for it toward S2 (this is not so probable at the moment).
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
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