Cakeusdt
CAKEUSDT making a bullish breakout* Cake in Daily time frame appears with Descending triangle, with it's resistance as above trendline and the support zone around $17.
* Descending triangle is considered to be either trend continuation or trend reversal pattern depend on the breakout.
* If CAKEUSDT breaks it's above resistance, we can expect bullish momentum.
* Price is bearish below support.
PancakeSwap (CAKE)Hi everyone,
This is my description:
Purple Lines: Support & Resistance (for a week) “VERY IMPORTANT”
Blue Lines: Support & Resistance (for a day) “IMPORTANT”
Orange Lines: Support & Resistance (for a 4H)
Thanks for your attention.
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Cake Bullishbreak major trending line. break the minor trend line. retest several times supply zone 17$ and rejected.
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.
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🏁 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 🎲
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Cake prepare to Buy. CAKEUSDTHello my friends , Everything is clear on the chart for you like always. The price broke the trend line so after pullback you can buy it or wait to breakout the resistance zone to a safe buy. So monitor that. Good luck .
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Pancake break out Cake has been accumulating for some time, now it looks like it broke out of a symmetrical triangle towards the upside. The 200ma is the last resistance, then 0.5 fibonacci at 27$ then 31$ then 45$ then 53$. Moreover considering how well BNB is doing I am waiting for Cake to follow
CAKEUSDT - Trend Breakout!!CAKEUSDT (12h Chart) Technical analysis
CAKEUSDT (12h Chart) Currently trading at $19.45
Buy level :Above $19.75
Stop loss: Below $17
TP1: $21
TP2: $23
TP3: $26
TP4: $30
Max Leverage 3x
Always keep Stop loss
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