MARKET IS WEAK SADLY : BEARISHI see a nice down fall from cake, will have to see how it plays out as the bears fight the bulls.
CAKE
CakeUSDTIf you are a holder or trader of Cake I should tell you we are at an important point.
after months of the downward market; a month ago cake created a new upward channel I drew it in blue and also passed a strong Purple resistance line, in the last few days fighting with a middle line of the pichfork! I believe that is fighting for a greater uptrend move or going back to near 6 and 7 dollar
CAKE Looks BullishIt looks like formed bullish pattern so for that we will certain the price should cross above 9.9$ level and can remain above it after that i expecting us to reach 12.5$.
Before that probably we will see brief correction
CAKE UPDATEcake looking good here since i called the bottom on my previous chart
now hopefully we can flip resistance to support and make another move up
CAKE/USDT TRADE SETUP! BREAKOUT!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this CAKE/USDT TRADE setup. CAKE looks bullish here.
CAKE is breaking out from the bullish pennant in 1hr time frame. Expecting a 20-22% pump from here. Buy some now and add more in dips.
Entry range:- $9.2-$9.4
Target:- 20-22%
SL:- $9.04
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Trading opportunity for short position-CAKEUSDTBased on technical factors there is a short position in :
📊 CAKEUSDT PancakeSwap
🔴 Short Now 9.18
🧯 Stop loss 10.20
🏹 Target 1 8.50
🏹 Target 2 7.50
🏹 Target 3 6.20
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
CAKEUSDT CUP and HANDLE patternHey traders, in today's trading session we are monitoring CAKEUSDT for a buying opportunity around 8.7 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
$CAKE looks yummyshort term swing for trend break
use SL below trendline . and sell according to our own comfort
Cheers,
Nav
CAKEUSDT - SETUPCAKEUSDT price was moving into a bearish channel, this almost a year-long rally was broken down and then retested successfully by the bulls. Bull's efforts pay off and now price print an HL, So we may see a seamless rally towards upside with the help of EMA 100 which is acting as a support. Keep accumulating.
CAKEUSDT Daily Chart!Just found These Pivots by MACD Indicator ! I think this is happening to CAKEUSDT!
#pancakeswap BULLISH IF BREAKS OUTif the confluence of the resistance around $10 and the downtrend resistance line is broken, we can set a nice order targeting a HUGE 25% circa profit, entering around 10.6 and targeting 13
ONLY BUY IF A 1D CANDLE CLOSES ABOVE THE RESISTANCES
let me know if you enjoyed this analysis and feel free to ask for other pairs to analyze in the comments or feel free to message me if you have any questions or ideas to share!
GBPUSD M30 - Long SignalGBPUSD M30
Just a deeper look into GBPUSD on the lower timeframe here, from 1.30 up to our LFT resistance we can see 2R potential.
We ideally need to break above and retest this 1.30400 price as support, this would offer us our next entry and set us up for further upside potential.
CAKE LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on CAKE as price shifted the market strucutre from bearish into bullish, price reversed to fill the bullish imbalance and from there we have a clear area into 12/14 price area where price has a lot of price inefficiencies that should be closed.
What do you think ? Comment below..
CAKE/USDTCake has the potential to move upwards an can touch 9$ or 10$
Here the price can go downside if next week bitcoin continues to drop.
Please Like, share and comment
Cake long positionCake long position. Several price targets along with stop loss.
On higher time frame looks like it has capitulated and has been building into this resistance here.
CAKE/BTC looks healthy enough.
CAKEBTC is ready to pump more than 6%#Cake in it's #BTC pair broke out the dynamic resistance and it is buy opportunity
Targets and stop loss are available on the chart
PancakeSwap longPancakeSwap is bouncing off the support area which is also matching with the Fibonacci 0.382 retracement level. Bullish trend is expected to continue up to 11.0.
CAKE LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on CAKE as price shifted the strucutre from bearish into bullish making (bos move) price retraced back into the W1/D1 imbalance and from there we can see a push towards bearish orderblock area on the D1. Market Sentiment in crypto for now is in a EXTREME FEAR meaning there is a good buying opportunity.
What do you think ? Comment below..
PancakeSwap CAKE Price Targets and Stop LossCAKE/USDT
Entry Range: $7.30 - 8.80
Price Target 1: $10.90
Price Target 2: $13.50
Price Target 3: $16.80
Stop Loss: $6.60
Previews chart
CAKE, the trendline BREAKOUT! Is PUMP still possible?PancakeSwap(CAKE) broke the trend line and tested it as support. This shows the strength of the buyer, but at the same time the volume has not increased. So, a local dump with a false breakout is possible, after which it is ok to open a long position with a profit risk of 1:5 or more!
Large volumes in the fall of the price show that someone has accumulated a position, therefore a local PUMP is possible.
Targets:
1. $9,20-9,40
2. $9,75-10
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
CAKE is Ready to Make Another Bullish MoveAfter successfully testing 8.40 region it is gathering strength to make another leg up where it will target 13$ area but before that it have to deal with the 200D EMA which can challenge it further. Currently its in a good buying zone but trade from this point will not lead directly to 13$ it might remain in range for few days.
