Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for CAKEUSDT
Based on previous analysis on September 18, we expected a rising trend to happen and now our prediction came true. There is R1 as a resistance area that includes the disability of the price to rise. And S1 and S2 are our support areas which express the well support of price at some points. At the moment, we have the fluctuation of price below R1 and we expect the rise will happen toward the mentioned area and then we must receive some falling signs to activate our short position and a decline is predicted for the price. If the price moves above R1, more rise is waiting for that.
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
Based on previous analysis on September 18, we expected a rising trend to happen and now our prediction came true. There is R1 as a resistance area that includes the disability of the price to rise. And S1 and S2 are our support areas which express the well support of price at some points. At the moment, we have the fluctuation of price below R1 and we expect the rise will happen toward the mentioned area and then we must receive some falling signs to activate our short position and a decline is predicted for the price. If the price moves above R1, more rise is waiting for that.
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
