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Cakeusdtlong

CAKEUSDT AnalysisHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market target: 26 - 30 - 35 after first target reached move ur stop to breakeven stop: ~15.5 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 3 Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to your questions or suggestions(Looking for investors!).
Long
by trytofeelpositive
3
CAKE/USDT Might Fly Soon 🚀🚀🚀📈 CAKE/USDT| Potential Upward Movement 💡 Buy Limit Order @ 17.78 🎯 Target Profit 20.11 🛑 Stop Loss 16.62 ❌ Do not risk more than 1% of your account on each trade Description: The price succeeded to reverse and change direction from a downtrend to an upward one after leaving a head and shoulders around the daily support. We expect a lower correction to the neckline before a rally all the way up to the target profit. ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️ ------------------------------------------------------------------------------------- 🙂 Good Luck!
Long
by CollegeofPips
1
My idea for CAKE/USDT for the weekendI'm just a beginner chartist but I cannot ignore this double bottom pattern potentially forming. If the red dynamic resistance line is broken with some volume (and retested) then a break above the purple neckline may be in the books, followed by a break above the last support turned resistance. If then that level is retested and it holds then we are looking forward to a move higher up. Please watch all the key levels that I circled on the chart. If you go long use proper stop losses and you may also want to take small profits on the way up at the key levels. Remember, the bull trend has not yet been confirmed on the 4-hourly chart, we are still officially in a bear trend on the short term. We may as well see further downward movement regardless of my observations.
by LaiChee81
2