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Cakeusdt

My idea for CAKE/USDT in the coming days/weeksI can see a bullish flag on the CAKE/USDT daily chart: prallel descending channel after a long price explision. No RSI or MACD divergence (higher highs on price and the latter 2 indicators alike) -> I expect no trend reversal, I am still bullish. Strong confluence: min/max price Fibonacci 0.618-level retracement aligns with default daily Keltner Channel bottom. Also a past resistance ($29.333) is almost touching these levels. Past resistance may act as support for this falling price. Checking the 4-hour chart a bounce upwards may be imminent. If it breaks the upper channel level, it may go up to ~$54. If I stick to the daily chart, I assume the price would go up to the channel top, bounce back to around ~$30-$31 then race up to break the upper channel level all the way to $53. Also the Fib-retracement level 1.272 level is ~$54. We will see how this works out.
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by LaiChee81
path to 50Cake is stuck in a consolidation pattern but looks to be in a bull flag Target (depending on how you read the flag pole) looks to be north of 50. I have my first target at the 2 fib level. Could go all the way up to the 2.618. I found a fractal that was right before this one that had some similarities with confluence to the same level the flag pole would tag us to. Of course, this all depends on the stability of the big boys ($eth and $btc) but this is definitely one that has cooled off and primed for another big move soon. Cake cake cake cake DYOR and GL!
Long
by DaCryptologist
CAKEUSDT - How to find a good CAKE entryCAKE and pancakeswap are trending hard right now, its a great defi solution that's innovative and has triple A backing in Binance. The common thought for most is, how can I get in on that profit?! One way to do it is buy low, sell high! In order to buy low, you need a good entry, luckily, I think I've found one! In todays video I go over how I find potential entries for profitable trades and apply it to CAKEUSDT === TimeStamps === 0:00 = Welcome! 0:35 = Patterns 1:20 = Fibs 5:20 = Resistances 7:30 = Price path 11:00 = Entry 12:05 = Stop limit 12:30 = Take profit 14:45 = Fundamentals 15:15 = CoinMarketCap 17:30 = Tradingview ideas 18:50 = CoinMarketCal 19:20 = r/pancakeswap
Education
by tommytoan11
CAKE, CAKEUSDT - two possible scenariosHello guys, Quick idea here The CAKE/USDT pair continues to move in a short-term downtrend. Now the bull flag pattern has reached the previous horizontal resistance (and our target from the initial call when the price was $22), which turned into support. From here I expect a reversal with the next target marked on our chart. The daily chart is in line with the consolidation pattern as well. So in brief, I think if the price stabilized around this area we will see an uptrend continuation and reach the $45 target, then make a pullback to $40, which will be turned into support. The more pessimistic scenario will be to break below the support and touch the lower boundary of the bull flag, very similar to what we had on April 18. Old idea here: Stay safe ! Cheers
Long
by FutureBlockchain
6
CAKE/USDT can still increase!Hi every one CAKE / TETHERUS CAKE/USDT is in a bullish flag which has not broken yet , If the break out happens there can be a bullish movement as big as the flag pole! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck.
Long
by CobraVanguard
24
Ready For The Next Cake Party?🥞/Super Bullish/Previously on Cake: - Just broke it's bull flag. - Retest successful - Rsi forming a good trend - Follows Bnb and Bnb mostly follow BTC / BNB is very bullish moving up to $750/ Episode2 *Cake was resting in bull flag after the party! *Hangover mode of the cake is going away! *I fell bullish for the next few weeks. *LET'S FIRE THE SECOND ROCKET.(There will be more rocket to fire) It's always good point to buy cake but If you are looking a point to buy more just wait for few drawbacks to the up trendline and buy it! /Deff. Not financial advice/ Follow if you like and wanna see more updates on cake. How bullish is the cake-🥞🥞🥞🥞🥞🥞🥞🥞🥞🥞🥞🥞🥞
Long
by MinimumWagerLvl1
7
CAKEUSDTthis alt has the potential to reach unbelievable values as fundamental but technically the bulls show complete dominance in the chart therefore we consider the last slippage as a correction and go for our targets safely another mean of publishing this post was introducing a token listing today (10th of may) in pancake swap in name of wealth locks (WLT) strongly recommend to hold it for more than 3 months for a great fortune current value is 47.13$ you can do your researches and then enter such a signal as our observer reported this token showed a healthy fluctuation and we are getting heavy in it with this value . . . if you entered like we did just head in private chat and discuss the values there 👉This idea has the confirmation of "advanced price action" 👉For more information don't be shy and get in private chat of trading view 👉Hit share and spread the information in public chats or your twitter for everybody to get profit
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by the-crypto-analyzer
CAKE Bull FlagCAKE/USDT Potential Bull Flag ( Daily log chart). My profit Target is $50. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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by CryptoTrend-Alerts
2