LONG $CAKE on the 1H
Entry: 1.993 - 2.006
TP1: 2.043
TP2: 2.080
TP3: 2.117
TP4: 2.154
SL: 1.972
Setup: Price holding above the 200 EMA, long-term structure bullish, RSI 66.
Risk: about 2.9 to 1 at TP2. Through 1.972 the idea is wrong.
Trade CAKE: spot https://www.binance.com/en/trade/CAKE_USDT | futures https://www.binance.com/en/futures/CAKEUSDT
$CAKE #CAKE #Write2Earn #DayTrading #Altcoins
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
Entry: 1.993 - 2.006
TP1: 2.043
TP2: 2.080
TP3: 2.117
TP4: 2.154
SL: 1.972
Setup: Price holding above the 200 EMA, long-term structure bullish, RSI 66.
Risk: about 2.9 to 1 at TP2. Through 1.972 the idea is wrong.
Trade CAKE: spot https://www.binance.com/en/trade/CAKE_USDT | futures https://www.binance.com/en/futures/CAKEUSDT
$CAKE #CAKE #Write2Earn #DayTrading #Altcoins
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
