TheJohnSmith123

CAKE BUSD NOT LOOKING GOOD !!

Hello,

i Check my all custom indicators on cake busd to get any bullish sign but it seems cake is done here and need to retrace to demand zone in order to pick some genuine volume.

also, its a dex platform so its hard to say anything about the volume cause its diversified in dex and binance so binance could be on low vol as compare to pancake dex.

well, lets see how it play out, overall this coin is bullish from a long time as it is supporting CZ BSC movements and cz is supporting this platform and token in return !!

Technically we broke out the rising wedge which is ultra Bullish sign if we retest sucessfully then good to go.

there is also exaggerated bearish divergence on daily timeframe

Cheers.
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