CAKEUSDTHonestly, I am pretty surprised to see CAKE at 8$. Great DEX with low fees, the APY is 62.13% on pancakeswap right now. It is not financial advice, DYODD.
CAKE
CAKE/USDT BULLISHCAKE has been in a downtrend since ATH, the bottom could be in. The price is also at an all-time low currently.
Boilinger Bands indicator show a breakout at 7,50ish. If price movement could break through 9,00 resistance, we will see an uptrend. Combination of breakout on Boilinger Bands and resistance level could be huge.
Fundamentals: Pancakeswap (CAKE) is the market leader for BSC DEX´s. Pancakeswap holds the most number of coins, pairs, visits and also has the highest market share on BSC (Binance Smart Chain).
Entry: 7 - 10 USD
Target: 40 USD (300 - 400% gain)
Not financial advice.
Cake bottom seems near Cake is significantly falling and now is at a lower level with price 7 usdt almost, if it moves above 9 and closes above 9 we might see an uptrend, if not it might head down to 6 and if the market falls cake might drop to 4 usdt levels.
CAKEUSDT, Finally we made it Hello everybody
Did you check event of today ? Did you check unemployement rate ?? Do you know how you can analysis when the news coming ??
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According to the last analysis we shown on chart that the price was making a triangle and we need to break it and then wait for the pullback and trigger for entrance then you can take position and buy, at this time finally we have candle stick pattern is making after broke and its morning star.
According to the pattern we can buy some part in here in this price and put our SL and the below of the pattern and wait until the target that we shown reach.
Good Luck
Abtin
CAKE is trading within a descending channelCAKE has been dancing within a channel with peaks and low inside this channel.
There is the possibility of CAKE going higher in price if it maintains its position above the $6.9 support level. Otherwise, if it breaks below the aforementioned support level, it may fall further.
overall, for now, my TP is within the channel
Cake bullish play short term set upStrong support at $5.00 because 80% drop from B wave top down to C wave, would expect a relief rally at least to $13 and up to $16 corresponding to fibonacci levels between 40-50% conservative as per previous B wave high.
- if you have been buying from $10 and down, stake and wait to take profits- I would only take 20-30% with possible retest lower, but preparing for any major bullish change.
CAKEUSDT - SETUPCAKEUSDT price hovered at the support area and bounced. It has already broken the triangle in a short timeframe but if bulls try to chase the upper trendline and successfully break it, then we can see a rally in it towards 10.0. So buy on dips will be a good strategy.
Cake LongCoin: Cake
Type of signal : Spot
Entry Price : 6$-8$
Price now : 7$
Goals:
Tp1 9$
Tp2 12$
Tp3 17.69$
Tp4 23.5$
Tp5 27.9$
Long-Term
40$-50$
SL Hold
Watch out CAKE !!Hello traders & investors
BINANCE:CAKEUSDT keeps falling and we don't have enough data on its chart but when we check BINANCE:CAKEBTC things seem different.
currently, everything is natural and we should just have cake on our radar.
WARNING: it is not a piece of financial advice always do your own research.
CAKEUSDT-LONGBased on technical factors there is a long position in :
CAKEUSDT PancakeSwap
Score 3️⃣
🔵Long Now or set on Key Level 6.90
🟢Target 1 7.45
🟢Target 2 7.95
🟢Target 3 8.35
❌Stop loss 6.70
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
Please support our activity with your likes and comments.
CAKE 1 HOUR - BUY THE PULL BACKCheck out our other posts and calls they maybe of interest to you check the signature and links of related ideas at the end of this post.
unfortunately Cake is not in a good situationunfortunately, Cake is not in a good situation
I think it will continue to the bottom of the channel to get power ...
Cake is down the trendCake is down the trend price is looking good for buying but scary at the same time.
CAKE - Bottoming Out! ⚡️In our last analysis, we were waiting for price to reach the $10 level. We are now there and looking for bullish price action to indicate reversal. We can see that we're in a wedge pattern and looking for a break out of the wedge for confirmation.
Trade Idea:
- Risk entry = bounce off double bottom
- Safe entry = wait for wedge breakout and then enter
- stops below the lows
- Targets: 17, 26, 44
Goodluck!
Short Term, 1 Hour | CAKE/USDT | Great opportunity to BUYIn the chart you will see my speculation and small analysis of the instrument $CAKE.
By any means don't take this analysis as financial advice and do your own research before initiating and risking capital
cakeusdt 70 % profitcake ready for breakout downtrend Chanel
see this price action now in the strong support
ready for 17$
Cake is at the end of the triangle and is expected to break out The last stage of the triangle is clear and Cake will break out within three or four days if we see it break up and confirm above the resistance over the triangle line we might see it starting an uptrend or else will be a down break and fall to lower levels.
CAKE profit 10% after 1h SHORT signal - more to come?Please Like or Follow if you enjoyed this content.
UPDATE: The price dropped 10% after Short signal. This trade was a piece of cake! Price is below Ichimoku cloud and RSI is still bearish. Then again RSI and CBrown is forming a bullish divergence. CCI is oversold. A bounce up is likely. However if price drops here another leg, next support is around 10.10 USDT.
This analysis is made with my "Supertrend Ninja - Clean". It displays only the last few signals. Which gives it a clean look. When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. A red background indicates a possible bearish downtrend. Currently CAKE is still in a downtrend on the 1h chart.
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using my indicator "Yo Show Me Some Support - and Resistances". Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my "Supertrend Ninja - indicator", which is a trend-following indicator (Green and red vertical line with arrows). When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
"Supertrend Ninja - Clean", a cleaner version of "Supertrend Ninja - indicator", which only displays the last few signals.
With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "HA Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
CAKE/USDT 3D chartclose from a buying zone
that was confirmed 6 times over the last year
a posetive RSI divergence
Long +++
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Cake TradingViewHello This Is My Technical Analysis For Cake Crypto Follow & Like And If You Have Question Comment I Answer Good Days And Good Trades.
CAKEUSDT-LONGBased on technical factors there is a long position in :
CAKEUSDT Cake
Score 2️⃣
🔵Long Now or set on Key Level 10.90
🟢Target 1 11.50
🟢Target 2 12.10
❌Stop loss 10.60
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
Please support our activity with your likes and comments.
Cake LongCake is looking very strong on daily time frame. its again touching its support line. i think it will pump from here.
