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CAKE

CAKEBUSD (PANCAKESWAP) - BULLISH SETUPANALYSIS 🔎 - CAKEBUSD is on a mid-term uptrend supported by the ascending trendline support. - The market hit an all time high (ATH) and retraced. - Price is retesting the flip horizontal support, the ascending trendline support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There's a relatively high concentration of buyers at this zone. - The retracement is resisted by the descending trendline resistance. - Breakout above this descending trendline resistance could be an uptrend continuation signal. BUY ENTRY ⬆️ - Aggressive entry : the key fibonacci retracement zone . - Conservative entry : breakout above the descending trendline resistance. TARGETS 🎯 - All time high (ATH) resistance. - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the ascending trendline support and 0.786 fibonacci retracement level.
CLong
by Chibuike_Odoh
CAKE/BTC Ready for Breakout...?#CAKE/BTC TA Update:- #CAKE currently trading at 6200 satoshi I am waiting for the break-out Upward side. Waiting Resistance line break out. After we can see skyrocket. So I am accumulating some #CAKE here and waiting for dip also. Entry:- 6200-5600 Satoshi Targets:- 7238/7983/9000/9877 Stop Loss:- Will Update Support: 5900/5600 Resistance:- 7238/7983/9000/9877 Please click the like button and Appreciate my hard work. Must follow me for the latest crypto real-time updates. Thank you.
Long
by CryptoPatel
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