CAKE / TetherUS

CAKE, the trendline BREAKOUT! Is PUMP still possible?

1 355
PancakeSwap(CAKE) broke the trend line and tested it as support. This shows the strength of the buyer, but at the same time the volume has not increased. So, a local dump with a false breakout is possible, after which it is ok to open a long position with a profit risk of 1:5 or more!

Large volumes in the fall of the price show that someone has accumulated a position, therefore a local PUMP is possible.
Targets:
1. $9,20-9,40
2. $9,75-10

Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.

P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.

Aviso legal

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