majoshsg

majoshsg

Hi All, I recently got interested in CAKE due to yield farming at 86% APY. I tried to analyse the chart in 1h timeframe and i see a symmetrical triangle pattern. So Watch out for a breakout and a buy/sell in the direction of breakout.

majoshsg

I think MATIC is a good buy if it closes above 1.7 , it might a go a few points down from current levels if its big resistance. (but who can dare to short crypto right now ... haha ). So, i am LONG if it closes above 1.7 price level.

majoshsg Updated 

I think UPST will go up in long term, but in short term i am expecting a correction as it is currently at resistance levels. So i think selling now and buying at lower levels (around 200) can be a great idea.

majoshsg

chart is moving towards a resistance level, that has been tested 5 times. Might give a breakout here if it closes above the resistance level. (or) might give a short term retracement. I am bullish on this, will take a trade only if it breaksout.

majoshsg

From my 2h chart analysis of SHOP, i think its a good time to buy it for a swing trade as its price is moving near support level with approx 1:3 risk reward setup.