Long
CAKE / BUSD breakout on binance: I bought the top
ADDING to my small position on CAKE / BUSD pair on binance, breakout of base.
Looks like a good breakout. I bought near the top of this breakout with a 13% stop. Risky? Yea but there's a lot of momentum behind CAKE and BNB (binance) now.
Profit taking target is probably 1/4 or 1/3 at 30%+, and letting it ride depending on market conditions.
Looks like a good breakout. I bought near the top of this breakout with a 13% stop. Risky? Yea but there's a lot of momentum behind CAKE and BNB (binance) now.
Profit taking target is probably 1/4 or 1/3 at 30%+, and letting it ride depending on market conditions.
@eddietradezz
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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.
@eddietradezz
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.