CAKE
CAKE/USDT ( PancakeSwap ) is support bullish toward $50#CAKE/USDT ( PancakeSwap )
Request Chart:-
$Cake currently trading around $12
And $Cake is strong exchange coin so Its always better to hold in Long term.
And also $Cake giving good Staking ROI around 70% APR
Now as per chart $11-$12.20 is good Accumulation zone.
Targets will be Very high if breaks $17 Strong resistance level.
After Break $17 I personally expected it can Hit $50 and $100 also Possible in Long term.
Its all about Targets.
Stop Loss:- As per chart $Cake will be bearish below $10
So any daily candle close below $10 that not good for Bull.
CAKE/BUSD: BullishHello everyone
This analysis is my personal opinion ,not a financial advice ,so do your own research.
Long Position - 4 hourHi friends,
In this analysis, a trading setup based on price action is given.
The analysis is completely based on technical analysis and no fundamental information and macroeconomics are included in this analysis, so it is critical to putting the stop loss.
In other words, the analysis may fail due to the general market conditions or the bad crypto news or excitement of the market.
Warning 1: Maximum suggested leverage = 2
Warning 2: In an side market, trades can usually fail.
Warning 3: The approach of the new year can increase the excitement in trading.
Warning 4: It is not a financial advise and it is only my personal opinion.
I wish good profits for everyone
Setup Specifications:
EP: 11.84
TP: 14.68
SL: 11.43
R3: 6.93
$CAKE, Breaking long descending trendline & showing a Buy signal$CAKE
Under current market conditions, this could be a trap or the start of something bigger.
In any case I will follow my strategy🙂
UCTS Buy printed on the daily(8% up already)
Breaking a long descending trendline & showing the 1st signal since Sep
Take it or leave it
#CAKE
CAKEUSDT LONGS 💰💰💰Expect bullish price action as price rejected an important psychological area 10.00 with bullish momentum, we have a bearish imbalance on d1 that should be filled asap also we have liquidity pool resting above 15.00, it is already in profit if you watch my latest posts.
What do you think ? Comment below..
CAKE - Who Wants A Piece?Hello everyone, if you like the idea, do not forget to support with a like and follow.
CAKE is sitting around a strong support zone in green and round number 10.0 so we will be looking for buy setups.
on DAILY: CAKE is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, CAKE would be overall bearish can still trade lower till the lower green support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CAKEUSDT LONGS 💰💰💰Expect bullish price action on CAKE as we rejected a nice 10$ psychological level + bullish momentum on d1. We have a huge bearish D1 imbalance that should be filled.
My targets are on bsl ( buy side liquidity ) and way above if price will have a lot of momentum
What do you think ? Comment below..
🔥 CAKE: Is The Dump Finally Over?The last time that I looked at CAKE was around a month ago. Here I argued that CAKE was one of the weakest tokens on the market currently and that more bearish pressure was mounting.
Since my previous analysis, CAKE dumped even more and reached the area around the all-time lows since trading on Binance. Historically, this area of strong support has caused huge reversals for CAKE.
With CAKE seeing a new reversal from said area, there's a decent chance that we're going to see more bullish price action in the coming weeks.
Target for the current move would be the top resistance of the triangle, around $16.
Happy trading!