huloza

CAKE/USDT Daily Support and Resistance Zones Targets 10/29/21

Long
huloza Updated   
BINANCE:CAKEUSDT   CAKE / TetherUS
CAKE is in Range, forming a bullish pennant in daily timeframe, while all coins are in Bullish mode this last days, CAKE didnt do any significate movements.

Support and Resistance Zones marked in RED/GREEN Boxes

% calculated to every zone.

Be aware this is a daily time frame analysis, medium term trade.

My entry is at 18.04 USD

SL at 16.90, and moved to entry price after 10% up.

Will update as the trade happens.

Trade Safe.

Regards.

P.D: Remember that BTC dictates the market.
Trade active:
1st Target achieved:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.