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CAKE

CAKE/USDT : Break above the trendline, important CME gap on BTC!BINANCE:CAKEUSDT | CME:BTCX2021 Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! #CAKE has broke above the bearish trendline and the lower support zone has showed a stiff support. MACD is gaining bullish momentum on histogram and it looks like that we'll face a bullish continuation after a retest on broken level ! The higher resistances will be : - $21.06 - $22.85 - $25.88 - $31.50 - $38.30 The lower support zone can be used as 2nd entry if we saw any developing candle on it and the SL can be placed below it... 🔴 Based on higher data, The invalidation of the bullish bias will be a hold confirmation below the zone ! 📌 Huge gap formed at ~61000$ FYI: ±90% of CME gaps are filled sooner or later. Keep this in mind. We hope it won't be filled 🙂 Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
27
cake bullish break above resistance 3rd time and holding- cake breaking resistance for 3rd time, showing significant bullish momentum - this is also supported with on chain analysis- - TVL at 79.31 % - top 3 wallet holding cake liquidity providers currently at 23.27 mill cake, couple days ago at 24.76, so with increasing supply price going up shows demand is there and charts are pointing to this------ BULLISH!!!! - make sure to stake directly on pancakeswap- this will reduce the chance of exchanges making commision and selling down! therefore we'll see much higher prices sooner!!
BINANCE:CAKEUSDLong
by Cos14b
1
CAKEUSDT Technical Analysis⏳ Spot 💎 CAKEUSDT has broken above a significant resistance, I t has also broken above the wedge pattern, After the retest and Pullback we expect that it goes higher. 🌐 Tradingview 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at Market or at 18.88 - 19.41 ☕️ TP1 21.12 🍺 TP2 22.87 🍻 TP3 24.57 🍾 TP4 26.50 🍷 TP5 28.00 🍸 TP6 🍹 TP7 🎁 TP8 🚫 SL 17.50 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
Long
by Fibonacci-Signals
6
CAKE - Wait For The Trigger!Hello everyone, if you like the idea, do not forget to support with a like and follow. CAKE is approaching a strong support and demand zone so we will be looking for buy setups on lower timeframes. on H4: CAKE formed a wedge pattern but it is not ready to go yet. Before we buy, we want the bulls to take over. Trigger => Waiting for a momentum candle close above the last high in gray to buy. Meanwhile, until the buy is activated, CAKE would be overall bearish can still trade lower and dive inside the blue zone before going up. In this case, we will be looking for new buy setups to form. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
20