CAKEBUSD primed for a 250% move! Long

Description

⋅ Feb 28, 2021 11:13 PM

Hello Traders!

Gonna keep this one short and sweet while hopefully price itself does the talking.

From Absolute High to Absolute Low

Entry 1: $10.85
Entry 2: $8.35

Stop Loss: $6.45

Target 1: $26.40
Target 2: Trailing Stop

Happy Trading, always manage risk.

Comments

nigel88979

⋅ Mar 4, 2021 4:40 AM

Bought some after a few glasses of red! Glad I did. Thanks for your comments

SmileyTrades

⋅ Mar 5, 2021 6:54 PM

@nigel88979, happy to hear!

SvarogPerun

⋅ Mar 1, 2021 8:33 AM

well done bro, thanks for analysis, i have same thoughts and price already broke up the trendline

SmileyTrades

⋅ Mar 2, 2021 6:18 PM

@SvarogPerun, Thank you! It does seem like the consensus for this coin is very bullish!

SvarogPerun

⋅ Mar 2, 2021 6:50 PM

@SmileyTrades, i hope so... we should watch it closely, thanks for analysis and keep up this great work

olemh

⋅ Mar 5, 2021 11:49 AM

Does it also translate to CAKE/BTC?

SmileyTrades

⋅ Mar 5, 2021 6:55 PM

@olemh, potentially, although I trade the chart I see and we can't assume one chart is the same as another if the base pair is different. Join my Discord and you can request me to analyze the CAKE/BTC pair at anytime!