FieryTrading

πŸ”₯ CAKE New Binance Listing

Long
BINANCE:CAKEUSDT   CAKE / TetherUS
CAKE has been listed on Binance today. Being one of the few other DEFI coins tradable on Binance currently, it's seeing a large influx of buyers from the start. Investors are looking at other DEFI projects and how those have been performing lately and, obviously, don't want to miss out on the next hot take: CAKE.

I'm confident to put my targets relatively far since it's for one a new DEFI listing, which is seeing a lot of interest. Also, current market conditions are favorable for new listings.

On the chart I’ve marked two potential areas of resistance, $25 and $30. Do your own due diligence.

Happy trading!
Comment: Just as I publish this post the price drops like a brick. Trade not valid anymore, although the price targets are reasonable future targets.
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Comments

I have the exact same analysis
+1 Reply
FieryTrading Stargazer_fx
@Stargazer_fx great to hear!
Reply
I’m on the same boat here! CAKE πŸš€πŸš€
+1 Reply
@BigLava, πŸš€
Reply
Not quite true, it was listed before as CAKE/BUSD
Still, there should come now more liquidity to it, good call
Reply
Top idea, agree!
Reply
CAKE was already listed on binance.
Reply
Looks good for reaching the target.
Thanks for sharing
Reply
JUL and JULD will be next cake
Reply
@fener88 what you mean sir ?? i can't understand ...
Reply
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