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Cakeusdt

#CAKE/USDT#CAKE The pair has been moving in a descending triangle since April 2022 The price broke the upper border of the triangle Supported by the momentum of the Moving Average 100 that is about to be broken Oversold on MACD It is expected to break the Moving Average 100, heading toward upward targets The price now is 20.2 The first goal is 90.4 Second goal 9.30 Which represents 400% of the current price Support and resistance points must be taken into account as there are possible corrections that may take some time during the rise ✅Thank you, for more ideas, hit 🚀 and follow 🤝🛎!
Long
by CryptoAnalystSignal
CAKE - Good Short Trade #CAKE/USDT #Analysis Description --------------------------------------------------------------- + Cake is showing overall weakness as it recently formed a lower low. + There is a good opportunity for short trade as the overall market is looking bearish + We can enter a short trade once the price breaks the support. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 4.192 Stop Loss: 4.563 ------------------------------ Target 1: 3.958 Target 2: 3.761 Target 3: 3.426 ------------------------------ Timeframe: 4H Capital Risk: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Short
by VectorAlgo
CAKE can go to the bottom of the rectangleCAKE can go to the bottom of the rectangle again before it continues to to up 🔵Entry Zone 3.021 - 3.128 🔴SL 2.6264 🟢TP1 3.3490 🟢TP2 3.6706 🟢TP3 4.5688 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
🎂💹 CAKE Trading Strategy - Laddering Within Support Zone! 🚀📊🔍 Strategy Overview: Condition: Testing the $3.00 - $3.15 support area. Entry Criteria: Ladder entry within the support zone. Targets: Aim for the next resistance levels at $3.45 or $3.65 - $3.80. Risk Management: Set stop-loss just below $2.80. 📢 Analysis: Utilizing laddering within a strong support zone provides flexibility. Keep an eye on market dynamics and adapt as needed. 🌐🚀 #CAKE #CryptoTrading #RiskManagement 💰📈
Long
by Richtv_official
CAKEUSDT Elliott Waves (Local Setup)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: Market and lower Targets: 2.68 - 2.78 - 2.86 Stop: ~2.37 (depending of ur risk). RR: 1 to 3 ALWAYS follow ur RM. risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
CAKEUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry zone: 2.1 - 1.8 Targets: will depends on market structure, but minimal target will be 5$, there need to fix atleast half of pos. If we will draw impulse then next target will be 10$ zone. Stop: ~1.2 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 10 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
Polly, pick up the crumbs of CAKEWell hello there! I mUst say that the previous review moderator tip - its a STORY, not an fin advise was not entirely correct, or rather completely erroneous, because the price movement occurred in the other direction. I suppose this is the machinations of the cunning goblins who took away the cookies they had accumulated from the hoarding dwarves during the Last Bear Massacre. In their dirty little hands, the CAKE chart has transformed into something different and alien to our mind, because we are all used to 1-3-5 growth, and here we see only two impulse waves. Where is the fifth, where did you put it, you vile goblins? "you'll never figure out our trick white lady hehe hehe" BUT I DID! we growin' via ZigZag ABC!! Isnt it a relevation?! Here's the goblin chieftain's head, Your Grace, and here'z thy bag of CAKE they stole. The cookies are a little moldy, but if we introduce a fashion for moldy cookies, thy citizenz will buy it, Im sssure. I suggest buying all cookies at 1.397-2.041 coin per CAKE, so that the average is 1.7, and we will wait for the price to rise to 15 that's the end of the fairy tale and who listened - well done :) Az usual - understandin' thy idea obliges you to press thy missile button (let them firez in da chartz only) if u find its silly - my regredz ;)
by zikkuratt
1
CAKE - Dessert is getting ready, prepare your platesThe CAKEUSDT pair came out of 178 days of long accumulation in the zone of 1.04$ to 1.6$. it finished its first wave of price surge and getting the healthy retracement which has gone deeper into the fib levels. Thus, creating a very healthy low risk and high reward setup. on daily there is a small bearish divergence that is being played right now and soon it will be over. entry: 2.9 - 2.5 $ zone the targets for the coin are: 1. 5.5 2. 9.5 long term: 3. 18 4. 28 5. 36 6. 45 7. 60
by crypto_gambler_
3
CAKE buy/long setupThis symbol has a structure that can pull back upwards. We have an ascending CH on the chart and the TL (trend line) is broken. I marked the TPs on the chart. When the price reaches tp 1, place the stop on the entry. If CAKE reaches the white FVG range, we will look for buy/long trades. Do not enter the position without setting stop and capital management. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Long
by behdark
CAKEUSDT.1DBased on the given market data, the CAKE (PancakeSwap) is currently trading at a price of $3.015 against USDT (Tether). Looking at the 4-hour chart indicators, the Relative Strength Index (RSI) is 56.74, suggesting a slightly bullish market sentiment. The Moving Average Convergence Divergence (MACD) is at 0.025, suggesting a bullish trend. However, the price is below the Bollinger Band (BB) upper limit of $3.170, indicating that the price could potentially rise. The resistance levels are $3.328, $3.814, and $3.840, while the support levels are $2.759, $2.436, and $2.071. On the daily chart, the RSI is at 55.78, indicating a neutral market sentiment. The MACD is at 0.084, suggesting a bullish market. The BB upper limit is at $3.814, which is above the current price, indicating that the price could rise. The resistance levels are $3.997, $4.700, and $5.132, while the support levels are $2.720, $1.878, and $1.767. On the weekly chart, the RSI is at 63.47, indicating a bullish market sentiment. The MACD is at 0.303, which is a bullish signal. The BB upper limit is at $3.978, which again indicates that the price could rise. The resistance levels are $4.800, $5.597, and $8.740, while the support levels are $0.066, $1.647, and $1.052. In conclusion, the market data suggests that CAKE is currently in a bullish trend on the 4-hour, daily, and weekly charts. However, investors should keep an eye on the resistance and support levels and pay attention to changes in RSI and MACD for potential trend reversals. Please keep in mind that this is only a technical analysis and does not take into account fundamental factors, and thus it should not be the sole basis for investment decisions.
Long
by MarsSignals
2