TradingView
MBM_Crypto
Mar 20, 2021 11:30 PM

CAKE - Double bottom Long

CAKE / TetherUSBinance

Description

Here's a quick look at CAKE 4 hr chart. As we can see, the price has been forming a double bottom pattern. We might get a break soon to the upside. keep this one under your radar!

The idea is: Buy the breakout from the level shown in the chart and sell at the target areas shown in the chart.
Targets:
1. 13.6$
2. 16.1$

Follow me for daily profitable trading setups

BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!
Comments
jonathan_nkw
Nice one
DGminer
100% agree
More