CAKE brake triangle and maybe go long.
BUY POSITION 18,40$ - 18.80$
TAKE PROFIT 1 - 26.00$
TAKE PROFIT 2 - 30$ - 31$
TAKE PROFIT 3 - 36$
in my opinion the best option is to sell half (50%) of your CAKE on TP 1, 30% on TP 2 and 20% on TP 3
BUY POSITION 18,40$ - 18.80$
TAKE PROFIT 1 - 26.00$
TAKE PROFIT 2 - 30$ - 31$
TAKE PROFIT 3 - 36$
in my opinion the best option is to sell half (50%) of your CAKE on TP 1, 30% on TP 2 and 20% on TP 3
Comment:
8 NOV - HANGING MAN CANDLESTICK is formed on the daily chart, which is a potential sign for a bear market and a potential market back to the Buy area.
Comment:
7 NOV hidden divergence
20.10.2021 PRICE - 21.00$ RSI (14) - 54.82
07.11.2021 PRICE - 20.52$ RSI (14) - 58.20
20.10.2021 PRICE - 21.00$ RSI (14) - 54.82
07.11.2021 PRICE - 20.52$ RSI (14) - 58.20