Tried to catch a few falling knives recently with BTC dumps, CAKE is one I caught, whoever got it at $22... THUMBSUP!
The question here is to take profit or continue this potential ride. We have sold a lot with BTC, if we were to go sideways here for a bit, it makes sense for CAKE to hit $30, that will just be the nature of how ALTS react to neutral or bullish BTC price action.
Since this is unexplored graph for CAKE... maybe we see some serious buying?
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Todays VET Trade
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BUY: Opportunity is gone most like, but the buyback is on the trend line... which would be an honestly very nerve-racking buy! (it would imply, in the short term, horrible news or BTC dump to 41k)
TARGET: $30, may let it ride at that point
STOP: $24
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Fundamentals
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Rank #30
Market Cap = $4,420,518,991
DEFI
Binance's DEFI solution. Very very young product, does have lots of updates coming..
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The question here is to take profit or continue this potential ride. We have sold a lot with BTC, if we were to go sideways here for a bit, it makes sense for CAKE to hit $30, that will just be the nature of how ALTS react to neutral or bullish BTC price action.
Since this is unexplored graph for CAKE... maybe we see some serious buying?
-=-=-=-=-=-=-
Todays VET Trade
-=-=-=-=-=-=-
BUY: Opportunity is gone most like, but the buyback is on the trend line... which would be an honestly very nerve-racking buy! (it would imply, in the short term, horrible news or BTC dump to 41k)
TARGET: $30, may let it ride at that point
STOP: $24
-=-=-=-=-=-=-
--==--==--==----==--==--==--
Fundamentals
--==--==--==--
Rank #30
Market Cap = $4,420,518,991
DEFI
Binance's DEFI solution. Very very young product, does have lots of updates coming..
--==--==--==----==--==--==--
Trade closed: target reached:
Took profit at $30, its been so bearish and volatile lately i just took my profits while it was there. If it were 2 weeks ago i let it ride.
I added more at the breakout and took 10%.
CAKE in a fantastic price exploration spot, there is an argument to have diamond hands here in these situations!
I added more at the breakout and took 10%.
CAKE in a fantastic price exploration spot, there is an argument to have diamond hands here in these situations!