TheFriendlyAnalyst

Cake High Probability Short-Term target - CFA Qualified Analyst

Alış
BINANCE:CAKEUSD   CAKE
CAKEUSDT

This short term goal should be achievable within 1-3 months. I would suggest having 50% TP at $5.33, a 21.5% gain that should happen in less than a month. You can put another 50% of remaining amount at $8.33 as next target, or 100% of remaining amount which I strongly recommend because price will be pulled back and you can re-enter.
Summary:
1. Entry below $4.5
Target 1: $5.33
Target 2: $8.33

P/S: I am part-qualified CFA holders and have been testing my trading strategy since 2017 from which I have been making decent profits, I don't do this for money or anything but to pass my knowledge to anyone who wishes to learn. Trade safe and stay positive.

The Friendly Analyst
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.