I believe CAKE is testing its support recently. The good buy zone is at $9 to $13. I am anticipating it will hit $18 in the short-term, $24 in the medium-term and $39 in the long-term. This analysis is suitable for swing traders and long-term traders.
Entry: $9 - $13 TP 1: $18 TP 2: $24 TP 3: $39
The idea published is not a financial advice. The content of this idea is solely the opinion of me who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. This does not guarantee any particular outcome. Always DYOR (Do Your Own Research) and trade at your own risk.
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can you update your analysis regarding the new pump. thanks in advance
alexisdelayola
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@crypto_rse, my analysis is still the same. However, for short-term gains you can take profit at the resistance retest (around $16 to $18) for a safe 35% gain from the Buy 1 level (indicated above).