Hello everyone,
first of all, please take a look at my recent ideas on the pair (CAKE/USDT) from back in
FEB 5th:
& March 7th:
NOW,
I can imagine two HIGH PROBABILITY scenarios with different timings yet exactly the same target for the near term future of (CAKE/USDT)
both of which are drawn as paths on the chart.
Scenario A: RED PATH / lower probability...
NASDAQ:CAKE broke through the short term ascending trendline after rejection at major resistance areas. Decline to support level at $1.41 is likely to happen.
Although this is probably becoming a more 'mainstream' view, I still believe BNB has lower to go. I mainly think that shorting BNBBTC is the best expression of a negative view on BNB and Binance broadly, as I think BTC will probably go higher over the next few months.
As Binance struggles with all these lawsuits and faces issues in and out of the US, its...
BINANCE:IDUSDT
Amongst the crypto community the sentiment attached to SPACE X is that a successful launch would rally all of crypto. The correlation between successful launches and crypto market cap(s) is unknown. However I agree with this perspective, and I'm eagre to see how it plays out. So its noted, and plotted for 9AM EST (2hrs from now). People are...
Binance Coin (a.k.a. BNB Chain) got rejected on daily 200MA and does not seem to be able to break-out quite yet.
Let's hedge our holding with a short position without leverage, entering on the possible bearish retest!
Current Price:
303.00
Entry Zone:
309.95 - 339.85
Take-Profit Targets:
1) 248.80
2) 209.10
3) 172.45
Stop Targets:
1) 386.00
Published By:...
$CAKE bounced off the support level and broke through the short-term descending trendline. Bullish movement to resistance level at 4.18$ is likely to happen.
