LIVE#TradingSignal for Intraday Futures & Spot
Daily Asset Analysis: $RUNE $CAKE $ARB
A-) #RUNE has hit yesterday's long strategy. It has updated it's yearly high again and, now settled above 10.95 support line, which is relatively strong as a support. Based on the current volatility, testing of next resistance is quite likely.
Long: E 11.4 , TP 12.0 , SL 11.1
Short: E 10.9 , TP 10.3 , SL 11.2
B-) #CAKE has updated it's yearly high and is in rising inside a 5% range. Surpassing the year-old 4.65 resistance is likely and will open the way for significant rises.
Long: E 4.67 , TP 4.95 , SL 4.50
Short: E 4.43 , TP 4.15 , SL 4.60
C-) #ARB has been rejected from the strong resistance at 2.25 despite the very nice recovery in price. If it will stay above 2.20 support line, breaking of the resistance is likely and will favor further increases.
Long: E 2.26 , TP 2.4 , SL 2.19
Short: E 2.15 , TP 2.02 , SL 2.22