CAKEUSD ❕ tests the rangePrice is under liquidity.
The price is overbought on the BB indicator (4H TF).
RSI indicator indicates overbought (1H and 30m TFs)
I believe CAKE could correct if it gets under the lower boundary of the current range.
CAKEUSDT trade ideas
long CAKE$CAKE broke through the resistance level. Bullish movement i expected to continue and reach the resistance at 4,41$
CAKE/USDT Good for spot buysHey, guys
So how is it going on that bearish market guys? We are starting to buy some spot holding for long term so let's take a peek at CAKE/USDT. Alongside this "red" market the Pancakeswap token has been in sideways correctional movement for the last few weeks. However we have approached the Key Support Level at $3.7 which is offering a good possibility for a recovery right there. We are going to have 2 entries on this coin which are displayed on the charts as well.
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🔥 CAKE Is Still Dead: More Selling AheadA couple of months ago I made an analysis on CAKE and talked about the terrible downtrend it has been trading in. I noted that a break out through the dotted resistance could indicate that most of the selling was over. Sadly, we reversed yet again and thigs are again looking bad.
In my view, we're going to see more selling, potentially even a lower-low in the coming weeks/months. CAKE is still a dying token with little technical reasons to be bullish.
Targets in blue.
💁♂️ CAKE/USDT _ 3D 💁♂️ HI Everyone,
As you can see, the price is in the range of 3.82. In a 3-day time frame, if the price penetrates below the 3.60 range, the price may be accompanied by a correction to the $3 range. 💹
Support Ranges $3.30/3.10$/2.45$ ⚠️
Maintaining the specified range is important! !️
We may see further correction if we lose the 2.45 support range. ❗️⚠️
❎ (DYOR)...⚠⚜
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌
IF you like my analysis please LIKE and comment 🙏✌
CAKE ON 1.80$ SEEMS GREAT !!!Cake is going to record another bottom on 1.80$ soon. Follow me and stay tuned for updates.
CAKE is under value now! WOW! Binance is going to be popular is the future after the FTX's FUD!
But! Can we 100% put our trust in CEX anymore????
My answer: NO, we can't, we need decentralize! We can not put our trust in ANyONE even CZ himself with the AXS's FUD currently!
CAKE is gonna be HUGE!
UNI is gonna be HUGE!
SUSHI!
Split your money in pieces to buy ALL the popular DEXes!
The future is gonna be decentralized!
CAKEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for CAKEUSDT
Here we have R2 and R1 as the resistance areas which include the disability of the price in order to rise. And S1 at the bottom is a support area. At the moment, we have the fluctuation of price over S1 area and we predict an increase is going to happen after a little fall. So if we receive some confirmation candles to rise, an increase will happen to it toward R1. Also it is possible that the price experiences a fall in case it loses the support at S1. Note that it is suggested to activate your stop-loss point due to unstable situation of market.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
CAKEUSDT | SETUPCAKEUSDT has been in uptrend .
The price has been making higher highs and higher lows.
Now the price has broken below the rising trend which previously was hold by bulls.
The bears will took control from resistance zone.
Manage your trades accordingly.
CAKEVery simple ... Very clear
This is my personal opinion. Please do not trade based on my analysis and data.
SELL PANCAKE Yesterday reminded me how important money management is (LYBRA lost the case with SEC and FTX vs BINANCE news)
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
"The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become."
"If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"
Possible breakout to the upside ! Cake is trying to breakout the downward channel we have on the hourly chart. Nothing confirmed yet, but if we see a beautiful breakout and retest then that's our trigger for the trade!
Stay sharp! At the same time it could potentially continue the downtrend so beware, trading against the trend, trading reversals are very risky unless you wait for a break of structure, change of character and the more confluences the better!
CAKEUSDT BREAKING OUT AS WE PREDICTED FEW DAYS AGO
expecting some big moves incase of successful breakout
we only needs to wait for daily clode if daily candle closed above resistance then buy and hold some
CAKE GO UP AGAINHello, dear traders. how are you ? Today we have a setup to buy/long the CAKE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#CAKEUSDT Ascending Triangle BreakoutTrade setup: Trading in an Ascending Triangle and price is approaching $5 resistance zone, where it was rejected in August. It also lines up with 200-day moving average. If price is able to break above that, it could revisit $8 thereafter. (set a price alert).
Pattern: Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout.
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
OBV (On Balance Volume): is flat, indicating that volume on Up days is equal to volume on Down days. Hence, demand from buyers and supply from sellers are in equilibrium
Support and Resistance: Nearest Support Zone is $3.50 (previous resistance), then $2.50. The nearest Resistance Zone is $5.00, then $8.00.
CAKEUSD ❕ holds the uprend lineCAKE is trading above liquidity.
RSI chart is testing the support level (4H TF)
A bullish divergence has been formed (30m TF)
I believe that the asset may resume growth after securing above the trend line.
Cakeusdt DailyIf the resistance zone is broken, it is suitable for profit.
Target 10
BINANCE:CAKEUSDT
CAKE BEST SUPPLY AREAThis symbol has a great area for shorts. I don't buy or buy position and I wait if it reaches the entry zone, I will short it. Put this symbol in the watch list.
CAKEUSDTcrypto market heating up
bnb up in a big way vs btc
cake is the main dex on bsc
u do the math :)
nice simple invalidation here
way down since euphoria cycle
quality product
CAKEUSDT | Wave Projection | Bull Look SMA20 GoldenX 200 TP+50%Price action and chart pattern trading:
> The leading diagonal wave with a possible bullish explosive move +50% based on CUP & HANDLE pattern
> The current ENTRY ZONE is considered a strong support at the channel with SMA 20 / 50 golden cross SMA200
> Target CUP & Handle @ 1.618 Fibonacci extension from A diagonal uptrend wave $7.000++ zone.
> RSI bullish above 50 and MA line, MACD above base and signal line
> Watch out for dump & pump move
Always trade with affordable risk and respect your stoploss, nothing is 100%!
CAKE longCAKE broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 4.9 is expected to happen.
Cakebroadeninig wedge broken
bulish flag broken
now testing ascending triangle incase of this breakout expecting quick 2x profit
