TradingView
mcdaverage
Oct 14, 2021 9:07 AM
$40 CAKE in December? Thank you Santa!
Long
BINANCE:CAKEUSDT
1W
CAKE / TetherUS
Binance
Description
⋅
Oct 14, 2021 9:07 AM
Nice multi-week flagging structure ready to breakout.
New ATH is possible.
Precondition:
- Orange zone has to hold.
- We have to break out of the descending channel.
- Price might retest the negative trendline upon break.
Buy inside the Orange Zone.
Sell inside the Red Zone.
NFA/DYOR please.
Trade closed: stop reached
⋅
Dec 5, 2021 1:59 PM
Faked out, last line of defense is $10.
Trend Analysis
Chart Patterns
cakeusdt
CAKE
CAKEBUSD
cakeusd
Comments
kiu_crypto
⋅
Oct 14, 2021 8:55 PM
welldone , i have same idea as you :
More