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$CAKE looks good for a good buy here if BTC allows the run to happen since Bitcoin dominance is still strong at the moment...
All other alts' moves depend on BTC for now. That's why Bitcoin is still leading the way But...
CAKE shows a good strength as there is a clear EMA cross over on the Daily TF even though there is a strong resistance above it but...
That can be broken with some good buy volume from whales when CAKE is spotted by them.
I put this out for you on time so you can DYOR before it's discovered by whales and get pumped!
Just hope that BTC ranges a bit or keeps making new highs (which chances are a bit low since its move is still uncertain whether it's for a retest to dump around 105k region or to break the old ATH).
Notwithstanding, this is for educational purpose. Just sharing my opinions for fun!
This should not be considered as an investment advice, ensure you DYOR before you make a buy or sell decision.
To me, $CAKE is a good asset to flip if you can keep an eye on it and watch closely to know when the strong resistance above it gets broken and...
I can guess that, some aggressive traders might enter from here since it looks good even from here!
What do you think about CAKE as a swing trade from here as seen on this charts?
What's your best prediction, will this PUMP lead to bull run or we're still filling that demand zone around 70k to 73k before we finally see the bull run?
Mike Akerele
--
Bullish
The land is green once again Crypto frens.
Stay enough in the market, learn from your mistakes regularly & market might be your friend.
Have a profitable week frens
Remember that;👇 ( The Bitcoin way = your way! )
That's how to make money from this unstable market. (Repost)
Follow me @Mike Akerele to get more marjet updates ike this.
What do you think about Bitcoin price at the moment? Share your opinion with others below.
Mike Akerele
--
Bearish
Every time I do Bitcoin analysis, I always see the same pattern repeat all over again.
Nothing changed but only the news from manipulators.
A market is only a reflection of the traders and investors' sentiment and psychology.
If this trendline support is reclaimed, it's possible for price to rally back up into creating a triple tops and then sell it down to the Long/buy setup on the green line.
If the trendline doesn't finally hold, then a sell off into the buy setup is possible before price goes up.
Every time I do Bitcoin analysis, I always see the same pattern repeat all over again.
Nothing changed but only the news from manipulators.
A market is only a reflection of the traders and investors' sentiment and psychology.
If this trendline support is reclaimed, it's possible for price to rally back up into creating a triple tops and then sell it down to the Long/buy setup on the green line.
If the trendline doesn't finally hold, then a sell off into the buy setup is possible before price goes up.
Nice topic bro but...if you were around in the last cycle, you would understand that the real bull run has not even started, all we have had were just the prologue...
Golden Content
--
Bullish
This bull market will be over much sooner than everyone thinks!
I will tell you when:
It didn’t start a few weeks ago with the Donald Trump election. It started in November 2022 with the Bear Market Low of Bitcoin. That means this Bull Market is going on for more than 2 years already!
This leaves us a few more months only if we account for cycle lengths we had before.
I expect this run to continue for 3-6 months maximum before the next, very brutal bear market comes.
Hence, latest In summer, I think, it’s over!
That is not a bad thing. You can not even imagine how much gains can be made in a few months of brutal bull run!
Furthermore, around December 18th-20th, I anticipate the possibility of a significant correction. We have the announcement of interest rates in the US during this time, but the market might surprise us in the opposite direction. At present, it's difficult to kick off an altcoin season without a larger correction in the market.
What's the simple or silly trading mistake you made in the last month that you don't want to repeat this month and in the new year 2025?
Mike Akerele
--
If you're trading, you should be learning everyday.
Making profits from the market is simple but...
We overlook the simple mistakes we make and then we make it again and again. But...
We become profitable correcting those errors and then having patience to enter and leave the market at the right time.
What's your trading experience like?
PS: $TIA is at it, about to fly but presently doing a good retest on D1 after finishing retest on W1 TF.
PPS: enjoyed this post? Then kindly give me a follow @Mike Akerele to see more of my posts. Also share this post to others so I can get to 1,000 followers goal fast. Thank you.
If you're trading, you should be learning everyday.
Making profits from the market is simple but...
We overlook the simple mistakes we make and then we make it again and again. But...
We become profitable correcting those errors and then having patience to enter and leave the market at the right time.
What's your trading experience like?
PS: $TIA is at it, about to fly but presently doing a good retest on D1 after finishing retest on W1 TF.
PPS: enjoyed this post? Then kindly give me a follow @Mike Akerele to see more of my posts. Also share this post to others so I can get to 1,000 followers goal fast. Thank you.