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CAKEUSDT.P trade ideas
CAKEUSD ❕ uptrend lineCAKE is moving near liquidity.
The RSI chart has entered the buy zone (1H and 30m TFs).
I believe that the asset will show growth after fixing above the channel.
✅TS ❕ CAKEUSD: support area✅✅ CAKE/USD continues to move near the support area.
The chart is trying to throw out unnecessary traders.
The price will rise. ✅
🚀 BUY scenario: long to 3.798 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
CAKEUSDTDisclaimer
High Risk Investment
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A qualified professional should be consulted before making any financial decisions.
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CAKE IS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the CAKE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
CAKEUSD ❕ lower boundary of the channelTrading volumes declined on correction.
The price continues to move above the liquidity zone.
I believe that CAKE will bounce from the lower boundary of the channel.
✅TS ❕ CAKEUSD: descending wedge✅✅ CAKE has formed a descending wedge.
The asset is above the support area.
The price will start to reverse soon. ✅
🚀 BUY scenario: long to 3.92 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
PancakeSwap (CAKE) formed Bullish Gartley for upto 31% moveHi dear friends, hope you are well and welcome to the new trade setup of PancakeSwap (CAKE) with US Dollar pair.
Previously we caught a nice pump of CAKE as below:
Now on a daily time frame, CAKE has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
CAKE Idea for Long tradeLow risk, entry price: Above $3.890 till $3.900
Medium risk, entry price: ==> 1. Above $3.850 in Yellow Area & 2.After 1H or 2H candle sticks close in Yellow Zone above $3.850, it means that can be close to Uptrend line
CAKE vs USDT CAKEUSDT CAKEUSD BINANCE:CAKEUSDT CRYPTO:CAKEUSD
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
CAKE/USDTlooks ready to explode, we have a descending broadening wedge, and inside of it we have a falling wedge pattern which we have broken out of, 2 bullish patterns, I will take position on 200MA flip and see how we react around the 200EMA, tight stop loss
#CAKEUSDT - Long - Potential 50%Style: SWING TARGETS
Direction: LONG
Market: SPOT
Risk: 0.25% - 1%
Leverage: N/A
EXCHANGE: BINANCE
#USDT_CAKE
TIMEFRAME: 720
ENTRY: 3.746
⎿ TP5: 7.492
⎿ TP4: 5.619
⎿ TP3: 4.4952
⎿ TP2: 4.1206
⎿ TP1: 3.9333
STOP: 3.414
SVB collapse and bailout bringing interest rate hike forecast down to max 25bps (possibly paused) which will se risk assets pump. Nice trend break for CAKE playing into what could be a bullish week.
Everybody Loves CAKE 🍰 Analysis #11/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY: Left Chart
CAKE has been stuck inside a big range between the 3.0 support and 5.0 resistance.
Now CAKE is approaching the lower bound / support zone so we will be looking for buy setups on lower timeframes.
on H4: Right Chart
CAKE is bearish from a short-term perspective trading below the red trendline.
🏹 Trigger => for the bulls to take over, we need a new high to form and then a break above the upper red trendline and red zone.
Meanwhile, until the buy is activated, CAKE can still trade lower till the 3.0 - 3.2 support zone .
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CAKEUSDT BULLISH SIGNALCAKEUSDT is forming a double bottom and Looks bullish in a long-run. Enjoy the ride.
Do You Think Now is a Good Time to Buy CAKE?CAKE is nor 91% below it's ATH
If we buy now, and it goes to its ATH, we have a potential to gain more than 10x profit.
Even if it doesn't go to ATH, let's say only half to it's ATH, it's stilll 5x profit. Pretty damn good, aye?
In a shorter term, we can see that CAKE:
1. Bounce from it's support
2. Is in 618 fib retracement
We only need to wait for it to reclaim 50 EMA for further confirmation.
My target for shorter term will be around 5.8 USD
We can also use the CAKE bag to farm/stake, for additional income
Pancake Swap Chart Analysis 9 Bearish Sentiment in Short Term )Technical Analysis of $Cake/USDT:
The current trading price of $Cake is $3.81, and it is observed to be trading below the support level as per the 6-hour chart. The support level at $Pancake has now become a strong resistance level, and it is essential to monitor this level closely. If the price remains below the resistance level of $3.82, there is a high possibility of a bearish movement in $Cake.
After the breakdown, it is expected to see a 17% downward movement from the current level, resulting in the target prices of $3.50 and $3.13. It is recommended to keep a close watch on the support levels, which are $3.50 and $3.13.
However, if the resistance level of $3.82 is broken, the price may move upwards. It is also observed that the MACD is converting bearish as per the 6-hour time frame chart.
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CAKEUSDT Elliott Waves Analysis Hello friends.
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Everything on the chart. (update)
In previous analysis i gave recommendation to buy CAKe in 3.5 - 3.2$ zone.
Entry: market and lower
Target: 4.5 - 5.4 - 6.2
Main target zone: 6 - 6.5
after first target reached move ur stop to breakeven
Stop: 3.1(agressive) ~2.55(conservative) (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
CAKE shortCAKE broke trough the ascending trendline. Asset broke trough the support level. Bearish movement to support level at 3.44 is possible.
CAKEUSDT Heading South in the short termAfter the downtrend being broken on Jan 24th, the upside move was able to penetrate the closest relevant level (4,08 USDT-4,32USDT) although it could not hold it.
Such short term weakness leaves a clear path down towards 3,13/3,30 USDT level.
3,46 USDT will be a key level to hold for bulls as it would open the possibility of having HHs and HLs.
5,5 USDT is still THE LEVEL to go 100% bullish on Cake.
🔥 CAKE Bullish Trend Intact: Reversal ExpectedLate January I made an analysis on CAKE and the fact it broke out of a 20-month long downtrend. This analysis still stands for the long-term.
In this analysis I want to focus on a more shorter-term analysis, As seen on the chart, CAKE has been bouncing off the bottom dotted support several times now. In my view, it's likely that CAKE will see a bounce of some kind in the near future. Targets in blue.
Short position // Cake /UsdtCake coin is in an ascending channel in the 4-hour time frame, and now it has reached the ceiling of the channel and also reached its important static area, and a negative divergence can be seen in rsi, which is confirmed in lower times and losing dynamic support. We can enter the sales position ourselves and stay until the bottom of the seller's channel
