Could it be time for some CAKE?
Here I'm hoping to catch a bump on CAKE as we have a shark pattern forming and triggers if the price reaches 3.4 USD on this harmonic pattern. So far this pattern has had a high win rate hitting its TP1 zone over its lifetime on a daily candle. So I'm having high hopes for this.
Over here we have the mvrv ratio formulas {(MVRV 90d / 30d)-1} in the negative and the (MVRV30d-MVRV180d) in the positive showing a potential buying opportunity.
Thanks for reading!
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