Get started

CAKE

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
Long
by M2it2M
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
Long
by TheSignalyst
18
🔥 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!
Long
by FieryTrading
14
CAKE ( Pancake ) is at Major Support LevelCurrently pancake (CAKE) is trading at its major support level. This support level is very crucial for the CAKE to hold its double digit price. In the past this support level acted as bounce back price for pancake. If you are planning to add some CAKE to your portfolio then this is a good time buy and if the price goes lower then probably you can do DCA after that. You can also get 70+% APY by staking CAKE at pancakeswap exchange. Stay tuned for more updates.
Long
by GreenCryptoTrades
6
CAKE will feed us with 2 Trades !the cake is the best dex and has very much volume on Binance smart chain! It will be excellent in 2022! But here; we have 2 logical strategies and low-risk trades! First; we should enter after a red daily pullback and take profit until upper area ... Then; we should wait for our second trade and watch that when the upper area will nicely break with the great green daily candle! And we can enter it on the pullback and be with it to the previous price and next ATH ...
Long
by KeyvanMehrabady
2