We are looking at CAKEBTC (PancakeSwap) and we can easily see a bullish move developing.
Notice how the 16-March low led to a move that was rejected at MA200.
Now, we have a new low 12-May which will be followed by another test of the MA200 resistance at 0.0001910.
That's a 22% price jump from the current price.
The stop-loss can be set right below EMA21/EMA10 (manual).
This is not fiancial advice.
We will track this one.
Namaste.
Notice how the 16-March low led to a move that was rejected at MA200.
Now, we have a new low 12-May which will be followed by another test of the MA200 resistance at 0.0001910.
That's a 22% price jump from the current price.
The stop-loss can be set right below EMA21/EMA10 (manual).
This is not fiancial advice.
We will track this one.
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.