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Cakeanalysis

Cheers to those have eaten CAKE! @SmileyTradesHello Traders! We have finally met our Macro degree Target! A big congratulations to those who took this trade with me. I must say, it's been a trade with bottom entries and top targets! It's been ~250% in price gains from Entry to Target! Great trade. I've included what's next for CAKEBUSD on the chart. Pay attention to how price begins to consolidate after the Target has been met; it will tell you how bullish/bearish it is. Key levels on the chart! Happy Trading, always manage risk. Quality in trading is the ability to react to one's own psyche
CLong
by SmileyTrades
1
Cake looks Bullish !!Cake/usdt Had an amazing run a few days ago over 70% pump which was tremendous .1 personally can see cake at 30$ before may,Futher a Cup and handle confirming it gives us more confidence in it . We could also Presume it as a Bull flag. And the target would still be Astronomical.i would like to see the breakout of the neckline In the next few days.further btc dominance falling into new lows adds to the hype. Fundamentally speaking Cake has a circulating supple of 150M Price 18$ Uniswap 500M price about 30$ Also with ethereum Scaling solution Layer 2 being postponed for July could give room for dexes like pancake swap room to grow. I hope you all good trades Do your own research none of this is financial advice Cheers!
by ChartGains
2
Cake Looks niceCake/usdt Had an amazing run a few days ago over 70% pump which was tremendous .I personally can see cake at 30$ before may,Futher a Cup and handle confirming it gives us more confidence in it . We could also Presume it as a Bull flag And the target would still be Astronomical.i would like to see the breakout of the neckline In the next few days.further btc dominance falling into new lows adds to the hype. Fundamentally speaking Cake has a circulating supple of 150M Price 18$ Uniswap 500M price about 30$ Also with ethereum Scaling solution Layer 2 being postponed for July could give room for dexes like pancake swap room to grow. I hope you all good trades Do your own research none of this is financial advice Cheers!
Long
by ChartGains
1
CAKE: Breaking The SupportGood day to all profit makers If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you! If we break through this support we can see a nice possible buy setup unfolding. - Consult the chart for more information. - On the chart, you will find possible support setups -This is just an idea, the price might go up or even further down - The market is extremely volatile. - Trade with care - Note: - This is just my current idea. - I am not a financial advisor and this is not financial advice! - The timing of this chart will most likely not be accurate - There is always a huge chance of different patterns taking shape in these ever-changing charts. - My views and charts can and most probably will change. - I can be 1000% wrong! - Important: - Trade responsibly. - Respect your wallet - Greed is never good - Be focused. - Have a plan. - Stick to the plan. - No FOMO. - Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money. - Never trade what you are not willing to lose - Remember Stop-loss is your friend. - Smile! - Good Trading and Good Luck If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
C
by dstvst