FieryTrading

πŸ”₯ CAKE Channel Break-Out

Long
BINANCE:CAKEUSDT   CAKE / TetherUS
CAKE has seen a strong reversal and break-out today. Since yesterday's low, CAKE has seen an incredible 55% gain, with potentially more gains in stock.

Today's channel break-out went with such force that a continuation of this bullish trend is to be expected.

Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.

Happy trading!
Please like, subscribe and comment.

βœ…2021 result: +170% per week

πŸ† Free channels: https://taplink.cc/fierytrading πŸ†

πŸ”₯ Premium channel: Entry, Stops & Targets - https://www.fierytrading.com/ πŸ”₯

πŸš€ Automatic copy trading supported πŸš€

Comments

update bro..what is ur target?
Reply
FieryTrading Saeed1520
@Saeed1520, Entry hasn't been hit. So this trade is idle.
Reply
thanks for the analysis
Reply
looks good
Reply
Let’s get the bag bro, awesome stuff
Reply
FieryTrading Investroyllc
@Investroyllc, πŸ™πŸ”₯
Reply
πŸŽ‚ πŸ”₯πŸ”₯
Reply
@BigLava, πŸš€πŸš€πŸš€
Reply
Good job !
Reply
FieryTrading MoneyMakerTrade
@MoneyMakerTrade, thanks!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out