The CAKE token is showing positive signals for a long position in the daily timeframe.
These signals include:
Increased trading volume
RSI entering the overbought zone
However, keep in mind that this is just an idea and you should always use your own capital management strategy before entering any trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.