ADDED to $CAKE NEW Target 59.88 for 21.31% $CAKE Target 59.88 for 21.31%
Or next add level at 42.71
-----
—
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels… labeled
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
CAKE
CAKEUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, we are in an upward trend. We have identified a support line for you, if the high price of the line is supported, we intend to be able to touch the above targets. If the price is not supported, it can penetrate below the support line.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🔥 CAKE Potential Long Term InvestmentCAKE has been on my radar for quite some time now. It has a lot of great things going on with their staking, lotteries and prediction game.
With Bitcoin falling, CAKE is becoming a better long term investment by the day. Assuming that pancakeswap will become bigger with time, CAKE will naturally follow.
I'm eyeing the red support area for a potential buy into a long term hold. Assuming my theory that the current bear market is a mid-cycle correction is correct, I'm expecting CAKE to perform much better in the future. That would mean that a sub $10 would be a great buy, right?
Happy trading!
$CAKE/BTC 1D (Binance Spot) Symmetrical triangle breakoutPanCakeSwap broke-out bullish, let's enter on 100EMA / descending Trend-Line retest.
Current Price= 0.0004450
Buy Entry= 0.0004228 - 0.0003888
Take Profit= 0.0005084 | 0.0005709 | 0.0006713
Stop Loss= 0.0003234
Risk/Reward= 1:1.25 | 1:2 | 1:3.22
Expected Profit= +25.28% | +40.69% | +65.43%
Possible Loss= -20.31%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 months
CAKEUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. The price is moving in an upward trend. As long as the price is above the green line, the price can move towards the targets. The trend is weakening right now and we have to wait for the price to go up
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
CAKE/USDT add to watchlistCAKE / USDT
Good to add for your watchlist
Price on weekly demand
Currently test some Trendline resistances
This not enough for buying
Would be interesting if we can have valid breakout with volume and candle closing
Losing of support = Dump
Make sure you follow risk managements in current market structure
Not a financial advice
Best of luck
🆓PancakeSwap (CAKE) July-7 #CAKE $CAKECAKE is approaching the $16 zone, which is a very strong resistance but with CAKE's strong volume, it still has a chance to break through and move towards the $18 and $22 zones in the next few days. If it can't break through this $16 zone it will correct to the $14 or $12 zone before rallying to the $18 and $22 zone.
📈BUY
🔴Buy : 15.6-16.4$ if A. SL if B
🔴Buy : 17.6-18.4$ if A. SL if B
📉SELL
🔴Sell : 17.6-18.4$. SL if A
🔴Sell : 21.5-22.5$. SL if A
♻️BACK-UP
🔵Sell : 15.6-16.4$ if B. SL if A
🔵Buy : 13.7-14.3$ if A. SL if B
🔵Sell : 21.5-22.5$. SL if A
🔵Sell : 13.7-14.3$ if B. SL if A
🔵Buy : 11.7-12.3$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
$Cakeusdt needs to beak $16 Mark $cake $BTC$Cakeusdt needs to beak $16 Mark $cake $BTC
looking good ,it looks like bottomed out for now. it it above 50 MA , and it is over the outter line flat Triangle and had make a corrective pattern and now it is out of that
if we break $16 mark with an Impulse move then it is going to hit $19 mark soon
$Cake is the PancakeSwap. it is an automated market maker (“AMM”) that allows two tokens to be exchanged on the Binance Smart Chain. It is fast, cheap, and allows anyone to participate.
LINK Rank:15
Marketcap: $8,974,028,293
Available Supply: 437,009,554
Max Supply: 1,000,000,000
USD: $20.6000
BTC: 0.00060211₿
ETH: 0.00885269
24h Low & High
$18.83|$20.53
0.00055442₿| 0.00060012₿
Vol: $1,141,691,011
ATH : $52.70
ATL : $0.1482
24h: 9.4% | 7d: 5.2%
30d: -25.0% | 1y: 283.6%
Descending Triangle BreakoutLooks like Cake/BUSD is breaking out of its descending triangle as it has formed a nice ascending triangle out of the previous trend. The blue entries are where I've bought in.
Now, assuming China doesn't publish another article about banning crypto, I could easily see this hitting $15, and then retesting previous support/resistance regions.
Take what I say with a grain of salt, I'm just some bum on the internet.
ASCENDING TRIANGLE CAKE/USDTHello guys, there is an ascending triangle in cake/usdt 15 min. If the price breaks the resistence of 14.063 we have to be alert and enter with this parameters:
OPEN PRICE: 14.175 (YOU CAN PUT A BUY STOP ORDER)
TP: 14.806
ST: 13.752
RATIO: 1.5
I will publish the result in a few hours. lets do this guys
CAKEUSDT --> it NEEDS to break this trend line!Cake is desperately trying to break this trendline, it needs to break it to go higher, its failed it many times now. Its a bearish pattern of sequential lower highs that is starting to squeeze price.
$9.5 is major support, $8.3 is the last line of defense.
BTC revisiting 28.8k and going lower may very well break CAKE's back and most of the ALTcoin market :(
I see a descending triangle pattern but technically I don't think it meets the criteria, as most ALTs do CAKE is roughly following BTC price action, most alts look similar so we cant take much significance in ALT charts unless major divergence is shown.