"CAKE/USDT Long Trade Setup: Symmetrical Triangle Breakout Sign

Trade Setup for CAKE/USDT: Long Position
Analysis:
CAKE is exhibiting a symmetrical triangle pattern, indicating a potential breakout with a strong rebound.
The current market trend supports a bullish outlook.
Entry:
Entry Point: Current Market Price (CMP)
Additional Positions: Consider adding more if the price drops to $2.38.
Targets:
$2.56
$2.7
$2.9
$3.2
Stop Loss (SL):
Set the Stop Loss at $2.285 to limit potential losses.
Leverage:
Use leverage cautiously: 5x to 10x.
DYOR
Analysis:
CAKE is exhibiting a symmetrical triangle pattern, indicating a potential breakout with a strong rebound.
The current market trend supports a bullish outlook.
Entry:
Entry Point: Current Market Price (CMP)
Additional Positions: Consider adding more if the price drops to $2.38.
Targets:
$2.56
$2.7
$2.9
$3.2
Stop Loss (SL):
Set the Stop Loss at $2.285 to limit potential losses.
Leverage:
Use leverage cautiously: 5x to 10x.
DYOR
Trade chiuso: stop raggiunto
Register on Blofin and trade with me: partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: t.me/CRYPTOMOJO_TA
Free TG Daily Futures Signals: t.me/CRYPTOMOJO_TA
Pubblicazioni correlate
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Register on Blofin and trade with me: partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: t.me/CRYPTOMOJO_TA
Free TG Daily Futures Signals: t.me/CRYPTOMOJO_TA
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.