๐ฅ CAKE Double Break Out
With BTC showing signs of bullishness, most of the crypto universe is seeing some nice gains. One of these coins is CAKE.
Fundamentally, this coin is a very decent investment. There's a very strong community and website behind this coin. Pancakeswap's exchange has some major potential in the long-term, making CAKE an even better bet on the future.
However, we're looking at mid-term price action now. Recently, CAKE has broken out of the triangle in which it has been trading since the major sell-off late May. At the moment, CAKE is about to break out of a ~2 month resistance, placed around $17.
Assuming BTC will continue the upward move, CAKE will follow on a leash towards the green area of resistance. I'll be looking to exit around there.
Happy trading!
Fundamentally, this coin is a very decent investment. There's a very strong community and website behind this coin. Pancakeswap's exchange has some major potential in the long-term, making CAKE an even better bet on the future.
However, we're looking at mid-term price action now. Recently, CAKE has broken out of the triangle in which it has been trading since the major sell-off late May. At the moment, CAKE is about to break out of a ~2 month resistance, placed around $17.
Assuming BTC will continue the upward move, CAKE will follow on a leash towards the green area of resistance. I'll be looking to exit around there.
Happy trading!
๐ฏOfficial Channel: t.me/FieryTradingChannel
๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: fierytrading.com
๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: fierytrading.com
๊ด๋ จ ๋ฐํ๋ฌผ
๋ฉด์ฑ ์ฌํญ
์ด ์ ๋ณด์ ๊ฒ์๋ฌผ์ TradingView์์ ์ ๊ณตํ๊ฑฐ๋ ๋ณด์ฆํ๋ ๊ธ์ต, ํฌ์, ๊ฑฐ๋ ๋๋ ๊ธฐํ ์ ํ์ ์กฐ์ธ์ด๋ ๊ถ๊ณ ์ฌํญ์ ์๋ฏธํ๊ฑฐ๋ ๊ตฌ์ฑํ์ง ์์ต๋๋ค. ์์ธํ ๋ด์ฉ์ ์ด์ฉ ์ฝ๊ด์ ์ฐธ๊ณ ํ์ธ์.