Confluence Trading CAKEUSDT

Updated

The high-quality confluence trade of CAKEDUSDT is about to present itself.

Following TA tools confluence in the region where we are now:
1. Support zone (grey rectangle box)
2. Fibonacci retracement levels of 50%
3. EMA 200 Daily

Each confluence factor increases the quality of the trade since each one of them attracts different schools of traders. Therefore also the probability of a winning trade increases. (still a probability, there is no certainty)

Good luck!
OZ
Trade active
I hope you took my long signal.
here your take profit levels:
TP1: 23.50
TP2 : 26.00

don't leave the money on the table. take you stop loss price above the entry in case btc crashes and takes down all the altcoins with it.

enjoy profits. give me a comment
Trade active
22.90 area is a bit of a resistance which I was not expecting to be this strong.
No matter
We can still reach to my TP1.
confluencetradingTrend Analysis

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