CAKEUSDT trade ideas
Cake price explosionIt really is a beautiful chart
I think cake can grow very well given the news and circumstances that some countries like China are creating and banning digital currencies DEX exchange tokens can grow well.
As you can see below the chart, the trading volume has increased
CAKE; buy or sell?CAKE has been consolidating nicely at around 20 areas.
I think this area for CAKE is a solid foundation and the price will have a HUGE pump soon.
With recent BNB's price action I wouldn't be surprised to see CAKE touching its ATH but more realistically it first has to push to 23-26 resistance zone and then break out of that area. Keep on staking!
Cake on rocket 🚀🧑🚀BINANCE:CAKEUSDT
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CAKE/USDT : Break above the trendline, important CME gap on BTC!BINANCE:CAKEUSDT | CME:BTCX2021
Hello everyone 😃
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#CAKE has broke above the bearish trendline and the lower support zone has showed a stiff support.
MACD is gaining bullish momentum on histogram and it looks like that we'll face a bullish continuation after a retest on broken level !
The higher resistances will be :
- $21.06
- $22.85
- $25.88
- $31.50
- $38.30
The lower support zone can be used as 2nd entry if we saw any developing candle on it and the SL can be placed below it...
🔴 Based on higher data, The invalidation of the bullish bias will be a hold confirmation below the zone !
📌 Huge gap formed at ~61000$
FYI: ±90% of CME gaps are filled sooner or later.
Keep this in mind.
We hope it won't be filled 🙂
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Attention: this isn't financial advice we are just trying to help people on their own vision.
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@Helical_Trades
cake long opportunity it seems like we are going to have pullback here!
the next target would be around 26.45, afterwards, we are going to reach 34.30
Breaking the trend line1- Breaking the trend line
2- Defeat of 200 average by 100 average
3. Increase the volume
4. Increased macd momentum
5. If the price can exceed the average of 200 and 100, we will have a strong uptrend
cake could reach its ATH ?! sure !!!as you can see cake has broken the resistance trend line and retest it . i buy it personally at retest but for more confirmation you can buy it after breaking the daily resistance line that i determine on the chart
PancakeSwap After orange box breaking I expect first red box
( supply zone and top of blue channel)
Second red box is long term target and
according to the market situation It should be check.
Because of Bitcoin fluctuation,
If we lost 16/4 $ by 4 H candle I will leave out of the position
and I will buy more in green box,
thats a powerful demand zone
🔥 CAKE / USD — PancakeSwap Trading 🔥 Breakout for x2!Today Cake breaking out from Bullish Wedge pattern. Right now price near $20 price level. It is better to use 20-18-16 zone to buy CAKEUSDT and take this setup.
My targets at 26-32-34-40-42-44. Long term possible 60-64.
CAKE/USDT-LongIf the price could pass the downtrend line, it would be touching the targets ahead. However, the price could touch the top of the canal line in the long term.
cake/usdt boomhi guys
with break downtrend line to up.
if cake hold 18.50 until 20
we can imagine it, will go to 26$
keep it....
Cake ( Crypto) $hr time has Hidden Bullish on RSI lots of scruff overhead. if breaks potential breakout. Current higher Low local.
CAKE (Crypto ) Daily Potential for a nice Gartley entry on this if rejection. Set alert for the .786 PCZ and wait. if Rejection potential to develop Bearish D on RSI and MACD.
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.
CAKEUSDT UpdateCake is getting ready for next big rally. Keep and eye and build your position before its too late. Still not a bad time to accumulate your position. If you are not feeling comfortable then you can wait for the rectangular region breakout and enter on retest as explained in the chart. I am not seeing any major resistance after $25 so expecting fireworks once it reclaims $23-$25 zone and convert it into support.
Disclaimer: Not a financial advise. Do your own research also before investing. Good luck and happy trading!
