CAKE / USDT (1D)
CAKE got rejected hard around the $25 resistance area and has been in accumulation mode for over 50 days now. $17 support area is holding strong with Stoch RSI giving oversold signal. It's not a textbook cup and handle pattern but the chart looks good overall.
It's one of the safest passive income play out there. If it goes lower, I'll DCA around $10 - $12 while my current hold sits on 75% APY.
It's one of the safest passive income play out there. If it goes lower, I'll DCA around $10 - $12 while my current hold sits on 75% APY.
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.