$CAKE looks good for a good buy here if BTC allows the run to happen since Bitcoin dominance is still strong at the moment...
All other alts' moves depend on BTC for now. That's why Bitcoin is still leading the way But...
CAKE shows a good strength as there is a clear EMA cross over on the Daily TF even though there is a strong resistance above it but...
That can be broken with some good buy volume from whales when CAKE is spotted by them.
I put this out for you on time so you can DYOR before it's discovered by whales and get pumped!
Just hope that BTC ranges a bit or keeps making new highs (which chances are a bit low since its move is still uncertain whether it's for a retest to dump around 105k region or to break the old ATH).
Notwithstanding, this is for educational purpose. Just sharing my opinions for fun!
This should not be considered as an investment advice, ensure you DYOR before you make a buy or sell decision.
To me, $CAKE is a good asset to flip if you can keep an eye on it and watch closely to know when the strong resistance above it gets broken and...
I can guess that, some aggressive traders might enter from here since it looks good even from here!
What do you think about CAKE as a swing trade from here as seen on this charts?
GM GM!
