CAKEUSDT 1WCAKE ~ 1W
#CAKE Testing this Support Level,. If you still have Conviction on the coin,. This support block will be a very good purchase for when,. Buy in stages with a minimum target of 20%+
Cakeusdlong
CAKEUSDT Idea⚠️ Disclaimer: The following insights reflect my personal perspective on the market, relying on publicly available information and historical data. While some opinions stem from my actual trades, others do not. I am not a financial advisor, and I bear no responsibility for your trading choices.
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BINANCE:CAKEUSDT EIGHTCAP:CAKEUSD
CAKE BULLISHMarket just finished 1-5 Elliot wave bearish and broke out of an downtrend, going up it created high volume institutional candle, we are forecasting to see a pump up retrace to our institutional candle and rise to 15.80 zone.
Entry: 9.94 (After retrace)
Invalidation: 8.73 (recent HL below buy zone)
Target: 15.80
R/R Ratio: 4.84
