cake looking goodcake looking good down here to accumulate
will be buying more if dip down more but atm its at a great price to buy
CAKE
PancakeSwap CAKE Price Targets and Stop LossCAKE/USDT
Entry Range: $5.44 - 6.51
Price Target 1: $7.25
Price Target 2: $8.85
Price Target 3: $10.50
Stop Loss: $5.40
#CAKE Massive Breakout coming ?Cake Testing trendline resistance and trading at the same zone from which it gets launched in Feb 2021. Its good to buy some Cake for long term hold considering its the significant part of bsc chain.
Hold Period - 3 to 6 months
Targets - 7.1 - 8.5 - 9.8 - 12 - 15
CAKEUSDT-LONGBased on technical factors there is a long position in :
📊 CAKEUSDT PancakeSwap
🔵 Long Now 6.37
🧯 Stop loss 5.80
🏹 Target 1 6.75
🏹 Target 2 7.65
🏹 Target 3 9.20
💸Capital : 1%
We hope it is profitable for you ❤️
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cake looking goodcake is looking great to accumulate down here,
could potentially be close to breaking the down trend
Bulls are consolidating CAKE price in preparation for a rebound The CAKE token has a vital support level of $5.50, and the current price of crypto is struggling to close the daily price candle above $6.7 level, then the neckline of double top formation ($4.6-level) may act as an immediate resistance level.
Stoch RSI is still in the bullish territory; will it affect the current trend?
The CAKE token price has been moving downwards in the RedZone of super trend indicator as well as the price is below the EMA Ribbon in terms of the daily price chart. The bulls need a robust bounce-back move. Moreover, the 200-line is far above the current price.
The Stoch RSI is expanding towards the overbought territory over the daily price chart, where the k-line is at 81 and D-line is at the 66-mark.
Conclusion
The PancakeSwap investors have to keep patients for a good return on investment. The crypto price may generate excellent returns above the $9.0 level.
Support level- $5.6 and $5.0
Resistance level- $7.5 and $8.5
CAKE/USDT LongCake Trend Lines Buy and Sell Support And Resistance Available
While trading Keep track the Bitcoin Activity
Bitcoin Movement Will effect Trend Lines
Drop Comment and Like
$CAKE is in Phase B of the Wyckoff Distribution Pattern | MoonYou can learn about this method on Google to know it in detail
My chart says it all, right now this is the best entry point for $CAKE
$CAKE is a defi platform whose homepage is pancakeswap.finance
The benefit of owning $CAKE is that you can deposit it in stake to earn profits until $CAKE reaches ATH
Profit up to 5% / 1 month. Pancakeswap is the largest DEX on Binance Smart Chain, you can rest assured about it
CAKE going to break the triangle soonPancakeswap is taking its time to consolidate as well as DOGE ( I did an analysis for that too ) and it's a matter of days that it's going to break the triangle.
The volume is growing so it's enough signal to me that we are going to break up rather than down.
Doge is time to waking up! Target for me in the long terms (6-8 months) will be 0.8 cents.
CAKE raise up 25-50% soonfollow us to get best profit of the market.💎🔥
CAKE will give us 25% profit soon.🤩😇
CAKEUSDTHonestly, I am pretty surprised to see CAKE at 8$. Great DEX with low fees, the APY is 62.13% on pancakeswap right now. It is not financial advice, DYODD.
CAKE/USDT BULLISHCAKE has been in a downtrend since ATH, the bottom could be in. The price is also at an all-time low currently.
Boilinger Bands indicator show a breakout at 7,50ish. If price movement could break through 9,00 resistance, we will see an uptrend. Combination of breakout on Boilinger Bands and resistance level could be huge.
Fundamentals: Pancakeswap (CAKE) is the market leader for BSC DEX´s. Pancakeswap holds the most number of coins, pairs, visits and also has the highest market share on BSC (Binance Smart Chain).
Entry: 7 - 10 USD
Target: 40 USD (300 - 400% gain)
Not financial advice.
Cake bottom seems near Cake is significantly falling and now is at a lower level with price 7 usdt almost, if it moves above 9 and closes above 9 we might see an uptrend, if not it might head down to 6 and if the market falls cake might drop to 4 usdt levels.
CAKEUSDT, Finally we made it Hello everybody
Did you check event of today ? Did you check unemployement rate ?? Do you know how you can analysis when the news coming ??
If you want to learn Fundamental & Technical analysis send us messages ---> Our id is in profile
According to the last analysis we shown on chart that the price was making a triangle and we need to break it and then wait for the pullback and trigger for entrance then you can take position and buy, at this time finally we have candle stick pattern is making after broke and its morning star.
According to the pattern we can buy some part in here in this price and put our SL and the below of the pattern and wait until the target that we shown reach.
Good Luck
Abtin
CAKE is trading within a descending channelCAKE has been dancing within a channel with peaks and low inside this channel.
There is the possibility of CAKE going higher in price if it maintains its position above the $6.9 support level. Otherwise, if it breaks below the aforementioned support level, it may fall further.
overall, for now, my TP is within the channel
Trading Signal For CAKEUSDT Trading Signal:
There is a Trading Signal to Buy in CAKEUSDT PancakeSwap
Traders can open their Buy Trades NOW
Rank : ⭐️
⬆️Buy now or Buy on 1.6585
⭕️SL @ 1.6534
🔵TP1 @ 1.6640
🔵TP2 @ 1.6710
🔵TP3 @ 1.6825
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Cake bullish play short term set upStrong support at $5.00 because 80% drop from B wave top down to C wave, would expect a relief rally at least to $13 and up to $16 corresponding to fibonacci levels between 40-50% conservative as per previous B wave high.
- if you have been buying from $10 and down, stake and wait to take profits- I would only take 20-30% with possible retest lower, but preparing for any major bullish change.
CAKEUSDT - SETUPCAKEUSDT price hovered at the support area and bounced. It has already broken the triangle in a short timeframe but if bulls try to chase the upper trendline and successfully break it, then we can see a rally in it towards 10.0. So buy on dips will be a good strategy.
Cake LongCoin: Cake
Type of signal : Spot
Entry Price : 6$-8$
Price now : 7$
Goals:
Tp1 9$
Tp2 12$
Tp3 17.69$
Tp4 23.5$
Tp5 27.9$
Long-Term
40$-50$
SL Hold
Watch out CAKE !!Hello traders & investors
BINANCE:CAKEUSDT keeps falling and we don't have enough data on its chart but when we check BINANCE:CAKEBTC things seem different.
currently, everything is natural and we should just have cake on our radar.
WARNING: it is not a piece of financial advice always do your own research.
