🔥 CAKE Potential Horizontal Channel Bounce
Crypto is currently seeing a rather big sell-off. We've currently lost virtually all of yesterday's gains. For bulls, this might be a great time to buy in again in case the market will resume the move upwards in the near future.
CAKE is currently trading at the support of the horizontal channel, this might be a great time to trade the bounce. Don't enter the trade just yet, wait for confirmation of reversal. I'm looking at the $13 area for a potential bounce.
Always keep an eye on BTC when trading alts. Happy trading!
CAKE is currently trading at the support of the horizontal channel, this might be a great time to trade the bounce. Don't enter the trade just yet, wait for confirmation of reversal. I'm looking at the $13 area for a potential bounce.
Always keep an eye on BTC when trading alts. Happy trading!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.