🔥 CAKE Reversing From Massive Resistance: Great Risk-Reward
Over the last few weeks I've made several bearish analyses on CAKE. This downwards spiral started mostly because of the April vote which investors hated.
As far as I'm concerned, CAKE will only fall further. Apart from the terrible tokenomics, the rest of crypto is looking more bearish than bullish as well.
We're placing the stop above the most recent highs, around 1.43, which is also the area where the resistance was last hit. Target at 1.00 since it's a big round number.
As far as I'm concerned, CAKE will only fall further. Apart from the terrible tokenomics, the rest of crypto is looking more bearish than bullish as well.
We're placing the stop above the most recent highs, around 1.43, which is also the area where the resistance was last hit. Target at 1.00 since it's a big round number.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.