CAKE coin had recently dumped below the local triangle pattern, which would have been a good entry for a short position, but buyers took back control, it seems.
What we see is a slight pressure and dominance from buyers, which glides the price near the broken trend area, looking for explosive movement from here.
As soon as we see that break of structure near the current, we are going to look for a long, as long as buyers maintain the dominance over 200 and 100 EMA.
Swallow Academy
What we see is a slight pressure and dominance from buyers, which glides the price near the broken trend area, looking for explosive movement from here.
As soon as we see that break of structure near the current, we are going to look for a long, as long as buyers maintain the dominance over 200 and 100 EMA.
Swallow Academy
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.