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CAKE possible Bearish or fall Support 3 or Good Support for BINANCE:CAKEBUSD by CryptoGoUp

Cake gives signs of a possible downtrend towards 15 usdt and from there start a rally towards 32

This is on the basis that the indicators are turning bearish , the bulls are not winning.

RSI , MACD , ADX , PSAR, etc …

In 6h charts.

It is a matter of time to confirm a possible downtrend.

Or maybe we bounce playing the first support

Exchange CAKEBUSD 1d Binance

Price: 22.56| 22.52| 23.56

Vol: 10,772|1,520,193|2,070,115

ATR: 2.6405

✅OBV: 83.1 M| 83.1 M| 84.6 M

⚪️RSI: 60.40| 60.30| 64.04

⚪️MFI: 64.90| 63.04| 68.47

⚪️CCI: 24.65| 31.66| 49.49

❌WR%: -78.67| -84.56| -69.17

✅ADX: 46.50| 46.81| 47.15

✅MOM: Bullish Momentum

✅SMA: Price is Above SMA Bullish

✅ADI: +DI >DI BULLISH

❌MACD: Bearish

❌PSAR: Bearish

Support And Resistance

S: 15.59550000

S: 16.75000000

S: 18.00380000

S: 19.00000000

S: 21.10000000

S: 22.51700000

R: 23.23170000

R: 24.13040000

R: 26.14150000

R: 26.20570000

Volatility is very high

EXPERIMENTAL 🧪

⚪️RSI:No divergences

⚪️MFI:No divergence

⚪️FVE: No divergence

🐻Volume: Bearish Volume Trend

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