CAKE/USDT Daily Support and Resistance Zones Targets 10/29/21

Updated
CAKE is in Range, forming a bullish pennant in daily timeframe, while all coins are in Bullish mode this last days, CAKE didnt do any significate movements.

Support and Resistance Zones marked in RED/GREEN Boxes

% calculated to every zone.

Be aware this is a daily time frame analysis, medium term trade.

My entry is at 18.04 USD

SL at 16.90, and moved to entry price after 10% up.

Will update as the trade happens.

Trade Safe.

Regards.

P.D: Remember that BTC dictates the market.
Trade active
1st Target achieved:

snapshot
analysisbinanceCAKECAKEBUSDcakelongcakeusdtcakeusdtlongEconomic CyclessignalSupport and Resistance

Disclaimer