CAKEUSDT | Wave Projection | Bull Look SMA20 GoldenX 200 TP+50%
Price action and chart pattern trading:
> The leading diagonal wave with a possible bullish explosive move +50% based on CUP & HANDLE pattern
> The current ENTRY ZONE is considered a strong support at the channel with SMA 20 / 50 golden cross SMA200
> Target CUP & Handle @ 1.618 Fibonacci extension from A diagonal uptrend wave $7.000++ zone.
> RSI bullish above 50 and MA line, MACD above base and signal line
> Watch out for dump & pump move
Always trade with affordable risk and respect your stoploss, nothing is 100%!
> The leading diagonal wave with a possible bullish explosive move +50% based on CUP & HANDLE pattern
> The current ENTRY ZONE is considered a strong support at the channel with SMA 20 / 50 golden cross SMA200
> Target CUP & Handle @ 1.618 Fibonacci extension from A diagonal uptrend wave $7.000++ zone.
> RSI bullish above 50 and MA line, MACD above base and signal line
> Watch out for dump & pump move
Always trade with affordable risk and respect your stoploss, nothing is 100%!