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Rileytosin
Jan 17, 2022 8:45 PM

Bullish Priority on CAKE  Long

CAKE / TetherUSBinance

Description

As long as the daily candle closes above the 11.05 support, my priority remains bullish on Cake. That’s a historical support that has been maintained and there are indicators like the RSI with a bullish divergence and the MACD giving us a buy signal. Let’s see how it goes, I’m holding SPOT on this trade for about a week, depending on whether I realize my expected profit before then or not.
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