#cakenews
cakenews
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$CAKE 🔴 (SELL)
ENTRY: 2.1670
STOP: 2.1734
• TP1: 2.1606
• TP2: 2.1542
• TP3: 2.1478
💡 Tip: after reaching the first take-profit, move the stop-loss to breakeven.
For me, CAKE is a short right now, with a clear invalidation condition. If the price holds back above the level, the case for selling is gone.
⚖️ Volume is within the usual range (0.3×).
A local break below support at 2.1700 on a lower timeframe, followed by a retest. Risk to stop: 0.29%.
Technical signal strength: 67/100. Weigh volume and risks before every position entry. Risk is controlled (0.29%).
🛡️ Discipline and quality analysis are your keys to profit. Subscribe so you don't miss important analyses!
This analysis is an indicator of technical structure, not a call to action or ready-made financial advice.
#CAKE #CAKENews $CAKE 👈 Click to trade
$CAKE 🔴 (SELL)
ENTRY: 2.1670
STOP: 2.1734
• TP1: 2.1606
• TP2: 2.1542
• TP3: 2.1478
💡 Tip: after reaching the first take-profit, move the stop-loss to breakeven.
For me, CAKE is a short right now, with a clear invalidation condition. If the price holds back above the level, the case for selling is gone.
⚖️ Volume is within the usual range (0.3×).
A local break below support at 2.1700 on a lower timeframe, followed by a retest. Risk to stop: 0.29%.
Technical signal strength: 67/100. Weigh volume and risks before every position entry. Risk is controlled (0.29%).
🛡️ Discipline and quality analysis are your keys to profit. Subscribe so you don't miss important analyses!
This analysis is an indicator of technical structure, not a call to action or ready-made financial advice.
#CAKE #CAKENews $CAKE 👈 Click to trade
ENTRY: 2.1670
STOP: 2.1734
• TP1: 2.1606
• TP2: 2.1542
• TP3: 2.1478
💡 Tip: after reaching the first take-profit, move the stop-loss to breakeven.
For me, CAKE is a short right now, with a clear invalidation condition. If the price holds back above the level, the case for selling is gone.
⚖️ Volume is within the usual range (0.3×).
A local break below support at 2.1700 on a lower timeframe, followed by a retest. Risk to stop: 0.29%.
Technical signal strength: 67/100. Weigh volume and risks before every position entry. Risk is controlled (0.29%).
🛡️ Discipline and quality analysis are your keys to profit. Subscribe so you don't miss important analyses!
This analysis is an indicator of technical structure, not a call to action or ready-made financial advice.
#CAKE #CAKENews $CAKE 👈 Click to trade
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