Cake coin chart analysisCake coin chart analysis , as you can see from chart cake is facing high resistance from the trendline drawn .
CAKEUSDT.P trade ideas
PANCAKESWAP $45 Price Target Hello guys,
Here we have CAKE in a huge Triangle formation. Usually when we have cryptos doing this type of formations in larger timeframes when there is a breakout of the formation it tends to be valid. I'm looking for CAKE to reach the last price of the ATH which is $45. After that ATH is broken I'm looking for a psychological price target of $100 long term. This coin is a great one to HODL because of the high APY you get for staking them.
Any questions or opinions feel free to share them :)
cakeusdt pattern break out. Downtrend channel passed and small uptrend channel break out pattern created.
if that pattern break out 70% pump might shown
Cake in waiting gameCake is forming a mickey mouse but also in a descending triangle. 3 routes are made , wait for macd and ccc
My Game plan on Cake (bullish signs everywhere)Hello friends just felt like sharing my short and long term game plan on cake. i am so bullish on this one! will be taken a long position as soon as BTC finishes it correction and indicate a comfirmation in a reversal pattern i will jump on in on this... cake has the ptential of give me 2 to 3X early days of next week if BTC tends to return back to it bull wave.
so guys let continue to wait on BTC!!!
My Game plan on Cake (bullish signs everywhere)Hello friends just felt like sharing my short and long term game plan on cake. i am so bullish on this one! will be taken a long position as soon as BTC finishes it correction and indicate a comfirmation in a reversal pattern i will jump on in on this... cake has the ptential of give me 2 to 3X early days of next week if BTC tends to return back to it bull wave.
so guys let continue to wait on BTC!!!
CAKE - Who Wants A Piece?Hello everyone, if you like the idea, do not forget to support with a like and follow.
CAKE is sitting around a strong support zone in green and round number 10.0 so we will be looking for buy setups.
on DAILY: CAKE is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, CAKE would be overall bearish can still trade lower till the lower green support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CAKE/USDT DOWNTREND BREAKOUT!Cake broke its trendline on daily with strength!!!
Notice how it broke it force.
Alot of buying behind it.
It PB to that broukout in a correction. We have also that pinbar to the breakout.
Entry: 11-13
Targets:
1) 15
2) 20
3) 25
4) 33
SL: daily close below 10
NICE R:R
CakeUSDT A beautiful level to Retesrit should retest the bearish move break level an then resume the trend .
CAKEUSDT LONGS 💰💰💰Expect bullish price action on CAKE as we rejected a nice 10$ psychological level + bullish momentum on d1. We have a huge bearish D1 imbalance that should be filled.
My targets are on bsl ( buy side liquidity ) and way above if price will have a lot of momentum
What do you think ? Comment below..
CAKE, SPECIAL SCENARIO...!The pancakeswap exchange is getting stronger and also its token (my favorite) is getting more valuable. Never miss it...!
Cake 1W Chart reversal CAKE 100% correction, located at the bottom of the Bollinger Bands. Stochastic RSI starting to show bullish divergence. Previous week closed with an inside bar.
CAKE 🍰Completely bullish on CAKEUSDT
Bat Pattern formation
Prime entry point is 11.25
Risk : Reward
1:23
Trade safe
🔥 CAKE: Is The Dump Finally Over?The last time that I looked at CAKE was around a month ago. Here I argued that CAKE was one of the weakest tokens on the market currently and that more bearish pressure was mounting.
Since my previous analysis, CAKE dumped even more and reached the area around the all-time lows since trading on Binance. Historically, this area of strong support has caused huge reversals for CAKE.
With CAKE seeing a new reversal from said area, there's a decent chance that we're going to see more bullish price action in the coming weeks.
Target for the current move would be the top resistance of the triangle, around $16.
Happy trading!
CakeUSDT 16 decHi, Wellcome
We can open a Nice order here, You just need to open the Trade At the Retest not just after the Breakout.
Because confirmation is necessary rather than losing money.
So just follow the mentioned
Open Order Price
TP Price
SL price
Note: please keep in mind that if any bad news happens regarding this Coin then you should need to work promptly.
Cake - can go up one of the best DEX ,
crossing the descending line ( yellow line ) ,after pull back it is on top of the fibo support line ,
I think it can go up under normal conditions , keep in watch the BTC chart and Pay attention to the news .
CAKE ( Pancake ) is at Major Support LevelCurrently pancake (CAKE) is trading at its major support level.
This support level is very crucial for the CAKE to hold its double digit price.
In the past this support level acted as bounce back price for pancake.
If you are planning to add some CAKE to your portfolio then this is a good time buy and if the price goes lower then probably you can do DCA after that. You can also get 70+% APY by staking CAKE at pancakeswap exchange.
Stay tuned for more updates.
cake long term setupLong term setup for $Cake
1. Recent token burn - few days back
2. Increasing dex volumes
TA + FA all good
Keep in mind of maintaining stop loss and risk management in ccase of setup fail
CAKEUSDT-SHORTThere is a short position in CAKEUSDT Cake
CAKEUSDT Cake
🔴Short Now or set on Key Level 12.75
🟢Target 1 11.85
🟢Target 2 10.90
❌Stop loss 13.05
#K_Level
CAKEUSDTPossible scenario of CAKE.
Keep an eye on it.
🔴 Monthly
🟠 Weekly
🟡 Daily
🟢 4h
🟣 30m
No financial advice.
Have a nice day!
