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