It is a CAKE coin that has been lockup and dump for a year.
It shows a butterfly pattern and is a good buying spot with a B-D projection of 1.902 / X-D projection of 1.272.
I think we can look at the price reaction from the 1.236 spot and we should see the reaction around 1.272. (1.66$)
It is definitely a super strong trend decline, so it looks better to buy market long or spot after seeing the price reaction than buying perpetual futures through buy limit.
It shows a butterfly pattern and is a good buying spot with a B-D projection of 1.902 / X-D projection of 1.272.
I think we can look at the price reaction from the 1.236 spot and we should see the reaction around 1.272. (1.66$)
It is definitely a super strong trend decline, so it looks better to buy market long or spot after seeing the price reaction than buying perpetual futures through buy limit.
first buy-zone confirmed.