TradeCityPro | CAKE: Triangle Squeeze Nears Breakout Decision👋 Welcome to TradeCity Pro!
In this analysis, I want to review the CAKE coin for you. This project is one of the crypto DEXs that operates on the BNB network and is among the most popular projects on that chain.
💫 This project’s token, CAKE, has a market cap of $747 million and ranks 95th on CoinMarketCap.
📅 Daily Timeframe
As you can see in the daily timeframe, a symmetrical triangle has formed, and the price is moving near the end of this triangle.
💥 Personally, I don’t trade when the price is in this area of the triangle and prefer to wait for the triangle to break, because there’s a high chance of random volatility that can cause missed opportunities due to incorrect entries.
✅ I recommend that you also wait for a breakout from this triangle and open a position only after it breaks—whether to the upside or downside.
✨ For a long position, you can enter after a breakout above 2.5. The main trigger will be the 2.847 zone. An RSI move into the Overbuy zone would also be a great confirmation for this position.
🔽 For a short position, our first trigger is the 1.909 level. If this level is broken, the price could start a downtrend toward 1.461. The main confirmation of a bearish trend will be a breakdown below 1.461.
📊 In any case, whichever trigger gets activated, I believe volume confirmation is essential. If volume increases along with price movement, the likelihood of that move being a fakeout decreases.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
CAKEUSDT.P trade ideas
CAKEUSDT Pump📊 On the 4H BINANCE:CAKEUSDT chart, price has broken above the mid-term channel resistance and is currently pulling back. If the support zone holds, there’s potential for continuation toward higher resistance levels. A bullish reaction from the 2.299 USDT area could validate the next leg up.
🔄 If the correction deepens, the highlighted pink zone offers a strong re-entry opportunity. Key targets on the upside include 2.570, 2.740, and potentially 2.940 USDT if momentum continues.
✅ Key Support Levels:
🟥 2.401 USDT
🟥 2.299 USDT
🟥 2.035 USDT
🟥 1.830 USDT
🚫 Key Resistance Levels:
🟩 2.570 USDT
🟩 2.740 USDT
🟩 2.940 USDT
Pancake Swap (CAKE): Had a Good Breakout, Aiming For Upper AreaCake coin has done a nice upward movement since last touching the supportive trend, where the price has made so far 25% of the market price movement. We are now aiming to see the price reach as high as $2.90, from where we will be looking for smaller corrections to lower zones.
Swallow Academy
Will $cake blove minds?The NASDAQ:CAKE , which is the official token of the most familiar decentralized exchange on BSC (Pancakeswap), is now broke the symmetric triangle on its USDT chart from the top side. Taking into account exciting fundamental news about launching Pancakeswap V4 in a couple of weeks, I think it will reach higher price levels.
My golden target level is: $6
CAKE/USDT | Rising Wedge ⇒ Supply-Zone ShortCAKE/USDT | Rising Wedge ⇒ Supply-Zone Short
Building on Prior Success
Following my May 1 CAKE/USDT forecast—view it here:
—which itself was rooted in the April 6 trend-rebound call that delivered a 38% gain:
📈 Market Structure
Pattern: Well-defined rising wedge since early April (blue trend-lines)
Bearish Impulse: Wedges often break down as buying exhausts into the apex
📌 Supply Order Block
Zone: 2.246 – 2.300 USDT (blue shaded area)
Upper Resistance: 2.387 USDT (Red line) marks April’s supply peak
⚔️ Entry Levels
Aggressive: Short on a clear rejection from 2.246 USDT (lower edge of block)
Conservative: Wait for a failed break or bearish candle near 2.300 USDT (block/wedge confluence)
🛑 Stop Loss
Invalidation: A close above 2.40 – USDT high-timeframe supply
Rationale: Allows for a false spike while protecting capital
🎯 Profit Targets
TP1 2.110
TP2 1.946
TP3 1.752
🔧 Trade Management
- Scale out partial positions at each TP to lock in gains
- Move stop to breakeven once TP1 is reached
- Reassess if price sustains above 2.40 USDT
⚠️ Rising wedges can whip both ways—always size positions properly and respect your stop.
CAKEUSDT Potential DownsidesHey Traders, in today's trading session we are monitoring CAKEUSDT for a selling opportunity around 2.17 zone, CAKEUSDT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 2.17 support and resistance area.
Trade safe, Joe.
Ready to the moon Well, as you can see, the daily resistance has formed a box and if this area is broken, the range from the top to the next daily resistance, which is about two points, will be 8 targets. This is not an investment recommendation or a buy or sell signal. Check it out for yourself and follow capital and risk management.
CAKE/USDT | Rising Wedge ⇒ Bearish ReversalCAKE/USDT | Rising Wedge ⇒ Bearish Reversal
Following my previous CAKE prediction—which delivered a +30% gain—the pair now looks poised to turn bearish again.
📈 Market Structure
Pattern: Rising wedge from April lows, with price compressing into higher highs and higher lows under converging blue trend-lines.
Implication: Wedges often break down as bullish momentum fades into the apex.
🎯 Supply / Short Zone
Zone: 2.257 – 2.380 USDT (blue–purple shaded area)
Lower edge aligns with the upper wedge trend-line.
Upper edge marks April’s horizontal resistance.
⚔️ Short Entry Strategies
Aggressive: Short on the initial test of 2.257–2.380 USDT with a bearish rejection signal.
Conservative: Wait for a confirmed reversal pattern near the zone.
🛑 Stop Loss
Level: Above wedge resistance at 2.45 USDT—allows for a false breakout while limiting risk.
🎯 Profit Targets
TP1: 2.135 USDT
TP2: 2.010 USDT
TP3: 1.840 USDT
🔧 Trade Management
Scale out partial positions at each TP to lock in gains.
Move stop to breakeven once TP1 is hit.
If price closes above 2.45 USDT, invalidate the setup and reassess.
Pancake Swap (CAKE): Good Overtake By Buyers Happened | Buying?Well...what a nice catch we have had so far on PancakeCoin, where we have had a nice bounce from a supportive trend and now we are looking for upper resistance to be reached, which then would lead the RSI into overbought zones and would give us a good entry for short from there.
Seems like a solid setup, so let's see, but for this scenario, buyers need to hold the 200EMA and not let sellers take over that zone!
Swallow Academy
CAKEi am no days monitoring Cake and taking in consideration of the market conditions, it is about time that this project must make a move.
Long time now that Cake is totally oversold and under sell pressure, but if we see it in Daily tf, we could see that volume it is trying to increase and price going slowly up, if you see the oscillators on 4H tf, they show that it is full buy and knowing that some projects have already skyrocketed latest days, i would like to think that maybe even Cake must follow.
if breakout happens tomorrow as i could think it must, then i think Cake it will hit 2.8 - 3.5$
This is only for spot trade.
nfa
dyor
CAKE - Beautiful Signal/TA played out. 5.5% I was talking about this TA yesterday in group and wrote: "we go Long above that 4h Level" .
Boom !
5.5% till now 🎯 👌 😎
Look at my Pics below (posted in group).
Ichimoku and Fib bounce and break out of bigger yellow TL.
Follow for more ideas/Signals.💲
Just donate some of your profit to Animal rights or other charity :)✌️
CAKEUSDT Short Setup – Watching 2.40 Zone for RejectionHey Traders,
CAKEUSDT is currently trading within a well-defined downtrend, consistently forming lower highs and lower lows. The recent move appears to be a corrective rally, bringing price back toward a key daily resistance zone around 2.40, which also aligns with the descending trendline.
I’m monitoring this area closely for potential bearish price action to develop, signaling a continuation of the dominant bearish trend.
Key Confluences:
Major daily resistance at 2.40
Approaching descending trendline
Market still in a clear downtrend
Possible lower high formation in progress
Trade Plan:
If I see bearish confirmation in this zone (e.g. rejection candles, bearish structure break on lower timeframes, or weakening momentum).
A strong break and hold above 2.40 would invalidate the setup!
Pancake Swap (CAKE): Smaller Correction Before Bigger Buy Trade?CAKE coin has had another rejection on smaller timeframes, giving us a possible movement back to the major trendline here, but if we zoom out, we still see that sweet spot from where the price can give us a good buy entry!
More in-depth info is in the video—enjoy!
Swallow Academy
PancakeSwap Token: Your Altcoin Choice (S2)Bitcoin is now consolidating above $80,000. No bearish action is bullish action at this point in time. Sideways is bullish because there was strong buying and a confirmation of support after the last low. Bitcoin is consolidating before moving higher, additional growth.
PancakeSwap Token hit bottom in early February and has been growing. This pair never moves on its on. It has been growing from its base, higher lows and an ascending triangle is present on the chart.
PancakeSwap Token is bullish and building up strength for a bullish jump. The current price is trading above the November, September and August 2024 lows. What one does, the rest follows.
PancakeSwap hit bottom a long time ago and a new All-Time High in late 2025 can put prices above $44, that's more than 2,300% potential for growth. This is do-able, you will be surprised if you think this is not possible because it will be done.
Cryptocurrency is something amazing. It is highly predictable but at the same time it is hard to predict. We can easily get caught in the moment and forget that no matter what happens, the 4-year bull market is always something beyond expectations.
The 4-years cycle culminates now, in 2025, but not early 2025 rather late 2025 and in this case there is the possibility of an extension into 2026. Even if the bull market extends beyond 2025, there will be very, very strong growth this year and really high prices late 2025. So the market will grow and do so with maximum strength. Regardless if the peak happens this year or next year, we are set to experience the biggest growth cycle in a decade... Are you prepared?
Namaste.
Pancake (CAKE): Possible Good Short Incoming!Cake coin is showing similar moves just as we had on the 13th of February, where we then tested again the upper resistance trend, where before that we had a huge liquidity movement below the lower support trend.
We are expecting to see a similar movement where we should see soon a downward movement either from this zone or after having a quick liquidity hunting above that resistance zone.
We are keeping our eyes wide open right near this zone; it might be a good shorting zone.
Swallow Team