- Interesting project - Looks like it is printing an adam and eve pattern
Good opportunity to start doing DCA in this zone. A great project with a great team. Not financial advice
Will be placing some bids at the buy zone Invalidation close bellow 1.07
- Breaking resistance - Part of the Coinbase Ventures Portfolio - Indicators confirmation - NEVER RISK MORE THAN 2/3% - ONLY WHAT YOU CAN AFFORD TO LOSE
Cake approaching support. It could be a good entry if you are not in. Use SL and never risk more than 2/3% of your total equity.
Not a Wyckoff expert but lucks similar to a distribution phase. Take care
- Wait for the breakout - Targets on fib levels - Nice R:R - Trade only with what you are willing to lose - Don't chase the markets
Great risk reward ratio. Never risk more than 2\3% of your total equity.