๐ LONG $CAKE
๐ฐ Entry: 2.5214
๐ก Stop-loss: 2.4657 (โ2.2%)
๐ฏ Take-profit: 2.5882 โ 2.6216
๐ CAKE just printed a full-bodied bullish candle right off EMA20 โ buyers reclaimed the pullback zone and locked in the short-term low.
โข EMA stack is fanned with a 4.9% spread, keeping the trend structure cleanly bullish
โข Pullback tagged EMA20 almost to the tick, then turned โ textbook continuation entry zone
โข Confirmation candle is 83% body at 1.38x ATR, showing real conviction from buyers
โข Order flow backs it up: OBI at 0.19 with 6% real-time taker imbalance favoring bids
โข 4H, daily, and Elliott structure all align, with favorable R:R for a trend continuation
โญ Score 67.7/100 โ โ โ โโ
Long bias while price holds above EMA20 on a closing basis โ scale in on confirmation, stop just under the recent swing.
๐ฌ Long $CAKE too, or taking the other side? Drop your call below.
$BTC #CAKEUSDT #Long #TradingSignals
๐ Follow for hourly setups.
๐ฐ Entry: 2.5214
๐ก Stop-loss: 2.4657 (โ2.2%)
๐ฏ Take-profit: 2.5882 โ 2.6216
๐ CAKE just printed a full-bodied bullish candle right off EMA20 โ buyers reclaimed the pullback zone and locked in the short-term low.
โข EMA stack is fanned with a 4.9% spread, keeping the trend structure cleanly bullish
โข Pullback tagged EMA20 almost to the tick, then turned โ textbook continuation entry zone
โข Confirmation candle is 83% body at 1.38x ATR, showing real conviction from buyers
โข Order flow backs it up: OBI at 0.19 with 6% real-time taker imbalance favoring bids
โข 4H, daily, and Elliott structure all align, with favorable R:R for a trend continuation
โญ Score 67.7/100 โ โ โ โโ
Long bias while price holds above EMA20 on a closing basis โ scale in on confirmation, stop just under the recent swing.
๐ฌ Long $CAKE too, or taking the other side? Drop your call below.
$BTC #CAKEUSDT #Long #TradingSignals
๐ Follow for hourly setups.