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pedrogarrinhas

CAKEBUSD - 1H - Breakout (timesensitive)

pedrogarrinhas Updated   
BINANCE:CAKEBUSD   None
Trend Analysis Technical Indicators
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trendanalysis indicator
NOT A FINANCIAL ADVISOR.

CAKE had a triangle formation that is currently breaking out.
Initial target below the 20.
Secondary target below the 30.

RSI looks good.

GOOD LUCK
Comment:
Top of the BTC pair reached...correction expected:

snapshot
Comment:
Orderbook Resistance found between current price and 20 USD.
But this resistance is stronger between 18.5 and 20.

Good Luck!
Trade closed: target reached
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