I received feedback from fans and friends over the weekend. After listening to my insistence and getting above 2U, CAKE has increased by about 20% from 2U to now. The increase is still very good. Although the current technical aspects are given by both Bollinger Bands and MA lines. There is an upward signal, and there is still 20% room to the pressure test point of 2.9 above, but I may advise this friend to reduce his holdings, and save part of it first, and the rest can be a lottery and let the price test The pressure level is 2.9.
Moreover, in terms of trading depth, there was no obvious pressure on orders until 2.9. Since there are signals that the price can reach 2.9, we should be cautious and lock in profits first. Especially friends who are doing spot trading, if they can make money on spot trading, they should understand that there is not only one token in the vast currency market, and spot profits are not just based on one token.
I don’t know if this friend can see it.
