CAKE/USDT 1H broke our and now entered in Bull zone#CAKE/USDT LTF TA Update :-
$CAKE currently broke out 1H resistance line and entered in Bullet zone.
Our entry also filled at $28-$29
Now in Profit.
My Targets still the same.
Targets:- $40/$44/$50/$61
1H support:- $30.60
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Cakeusdt
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
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Cake looking forward to a possible step up to $70This log chart channel looks nice to me.. When comparing the average percent gains after previous consolidations - and given the steady growth I expect to see with CAKE as the utilization of BSC continues upward - the target of around 100% lands on a FIB level @ $70. Although It's possible we may dip down to touch $33 mark before heading up according to the FIBS. To me this appears to be numerical confluence hinting at an approximate target.. Tell me where you believe CAKE is going in the comments..
CAKE > Might Be a Good Buy Here to Test the Highs. 40% ROI.I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis on #CAKE
Hello friends.
CAKE supported here and might rally 40% to test the recent high, however, i would take 20% first TP.
Safe trading everyone
Check today analysis below⠀
>> “Time is your friend; impulse is your enemy.”
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
CAKE - Best purchase price impossibleWe are at the best price to buy or at the beginning of a bearish market deepening.
To sum up: if you buy, be cautious if you own, keep your fingers crossed that a new rally is coming.
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER. You invited to share your vision in the comments. Thank you
CAKE/USD - Can support hold us at $29? If not, $21 next!CAKE did a nice ATH at $44 at the end of April and ever since we have been correcting downwards.
Right now we found support on the $29 level, but this is unlikely to hold us if the bearish momentum continues. The indicators on daily are bearish with MACD and RSI falling and this trend does not give any signs of relief.
As such, better wait if you are interested to buy CAKE, you may get a better opportunity later on.
For sure buying around $21 is a much better entry if we get it as that is also our previous ATH. Thus, wait for now and let price lead the way. We're still bearish, so no need to rush or FOMO into it.
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CAKE ELLIOT WAVE COUNTCAKE seems to have finished one full cycle with that last correction. If BTC drops it could however drop further to the 25$ area.
the previous structure shows 5 waves with the fifth being extended. these 5 waves are the 1st wave of a bigger structure and the ABC correction is wave 2. IF BTC holds here we could see the start of wave 3 that can stretch up an should be longer than the previous wave 1..