CAKE is moving in the descending channel and is near the upper boundary of the channel.
Main MAs are bearish (1H TF)
Price and RSI have formed a bearish divergence (30m TF)
I think the asset may start to decline if after a test of the upper boundary it fixes under it and continues to move in the channel.
Main MAs are bearish (1H TF)
Price and RSI have formed a bearish divergence (30m TF)
I think the asset may start to decline if after a test of the upper boundary it fixes under it and continues to move in the channel.
