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$CAKE Long-Term Outlook (3D)⚠️🔻
It appears that the large-degree Wave B, which lasted for more than 964 days, has been completed, and the price is now entering a major Wave C.
Waves A and B have effectively been completed, and the market is beginning a large-degree bearish Wave C.
The completion of this wave will require a significant correction in both price and time.
A daily candle close below 1.2077 will confirm the start of Wave C. For now, wait for the price to close below this level before considering the scenario confirmed.
If you have a symbol you want analyzed, first hit the like button and then comment its name so I can review it for you.
#CAKE #CAKEUSD
It appears that the large-degree Wave B, which lasted for more than 964 days, has been completed, and the price is now entering a major Wave C.
Waves A and B have effectively been completed, and the market is beginning a large-degree bearish Wave C.
The completion of this wave will require a significant correction in both price and time.
A daily candle close below 1.2077 will confirm the start of Wave C. For now, wait for the price to close below this level before considering the scenario confirmed.
If you have a symbol you want analyzed, first hit the like button and then comment its name so I can review it for you.
#CAKE #CAKEUSD
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