CAKEBUSD
#CAKE Massive Breakout coming ?Cake Testing trendline resistance and trading at the same zone from which it gets launched in Feb 2021. Its good to buy some Cake for long term hold considering its the significant part of bsc chain.
Hold Period - 3 to 6 months
Targets - 7.1 - 8.5 - 9.8 - 12 - 15
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.
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 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-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.
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CAKEUSDT-SHORTBased on technical factors there is a short position in CAKEUSDT Cake
CAKEUSDT Cake
Score 2️⃣
🔴Short Now or set on Key Level 11.25
🟢Target 1 10.60
🟢Target 2 9.65
❌Stop loss 11.60
#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.
Longshot on BSC Defi token CAKE via BNBI think Pancakeswap is worthy of a small capital allocation at this time considering it has been about 2 years of steady bleeding. Swapping a bit of BNB right here. Already have swapped lower and have a tiny amount farming at 40% apy in the CAKE-BNB LP (staking). Bought a small position of roughly 10 CAKE to just hodl at current prices. Looking to just keep it for the next 6-12 Months. Small play, nothing too serious. First impulse higher over the last couple of weeks might be a preview for a longer term price appreciation on the pair. Looking to add some fundamental analysis on CAKE in the next few days and will update with comments.
Possible upside target 0.05+ from 0.0235 (today).
FALLING WEDGE BREAKOUT ON CAKEBUSDPossible long here at CMP or wait for a retracement on CAKEBUSD and then put a long order on CAKEBUSD, price made a breakout on the falling wedge pattern and RSI is above 50 on the 4h candle which also indicates bullish Momentum. If you need more confirmation before entering the trade you can wait until it breaks the 200MA and then enter the trade.
Cheers !!!!
CAKEUSDT LONGS 💰💰💰Expect bullish price action as price rejected an important psychological area 10.00 with bullish momentum, we have a bearish imbalance on d1 that should be filled asap also we have liquidity pool resting above 15.00, it is already in profit if you watch my latest posts.
What do you think ? Comment below..
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..