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Cakeanalysis

CAKEUSDT in Buy Zone Area! [Low-risk Setup]Good day, TradingView fellows! I believe $CAKE is testing its support recently. The good buy zone is at $9 to $13. I am anticipating it will hit $18 in the short-term, $24 in the medium-term and $39 in the long-term. This analysis is suitable for swing traders and long-term traders. Entry: $9 - $13 TP 1: $18 TP 2: $24 TP 3: $39 The idea published is not a financial advice. The content of this idea is solely the opinion of me who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. This does not guarantee any particular outcome. Always DYOR (Do Your Own Research) and trade at your own risk. Let me know your insights in the comment section. Give this work a thumbs up if you appreciated my analysis. Smash that follow button for more upcoming low-risk setups! Thank you so much in advance. Good luck, Alexis
Long
by alexisdelayola
2
CAKEUSDT , We should sell now because ...Hello everybody According to the chart we shown it , we are in downward trend and we had fall down price suddenly but the momentum of the movement is becoming weak to fall more and more , we had breakwave and now its seem the correction of the break wave is done and ready to retest again the bottom that made . CAKE is one of the most powerful token in DeFi base , and use BSC and BNB for trading , Do you know what does it mean ???? Dont forget use stop loss and observe money management Good Luck Abtin
Short
by Abtin00
5