CAKE
PancakeSwap (CAKE)Hi everyone,
This is my description:
Purple Lines: Support & Resistance (for a week) “VERY IMPORTANT”
Blue Lines: Support & Resistance (for a day) “IMPORTANT”
Orange Lines: Support & Resistance (for a 4H)
Thanks for your attention.
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CAKEUSDT Technical Analysis⏳ Spot
💎 CAKEUSDT has broken above a significant resistance, I t has also broken above the wedge pattern, After the retest and Pullback we expect that it goes higher.
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 18.88 - 19.41
☕️ TP1 21.12
🍺 TP2 22.87
🍻 TP3 24.57
🍾 TP4 26.50
🍷 TP5 28.00
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 17.50
Good Luck 🎲
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Cake prepare to Buy. CAKEUSDTHello my friends , Everything is clear on the chart for you like always. The price broke the trend line so after pullback you can buy it or wait to breakout the resistance zone to a safe buy. So monitor that. Good luck .
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Write your comment and opinion below for me
CAKE - Wait For The Trigger!Hello everyone, if you like the idea, do not forget to support with a like and follow.
CAKE is approaching a strong support and demand zone so we will be looking for buy setups on lower timeframes.
on H4: CAKE formed a wedge pattern but it is not ready to go yet. Before we buy, we want the bulls to take over.
Trigger => Waiting for a momentum candle close above the last high in gray to buy.
Meanwhile, until the buy is activated, CAKE would be overall bearish can still trade lower and dive inside the blue zone before going up. In this case, we will be looking for new buy setups to form.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Pancake break out Cake has been accumulating for some time, now it looks like it broke out of a symmetrical triangle towards the upside. The 200ma is the last resistance, then 0.5 fibonacci at 27$ then 31$ then 45$ then 53$. Moreover considering how well BNB is doing I am waiting for Cake to follow
CAKEUSDT - Trend Breakout!!CAKEUSDT (12h Chart) Technical analysis
CAKEUSDT (12h Chart) Currently trading at $19.45
Buy level :Above $19.75
Stop loss: Below $17
TP1: $21
TP2: $23
TP3: $26
TP4: $30
Max Leverage 3x
Always keep Stop loss
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Cake usdt on demand i made analysis on cake
cake is consolidating under the resistance , seems it is getting ready for break out to the upside and start a good move. keep it in your watchlist and wait for break out.
if down trendline break we can see pump to 26$ but need more time to consolidate and break 26$ to pump more.
Do not enter to cake not in buying mood. but best project for long term. if someone stuck in this trade stake cake and get reward.
Pancakeswap (CAKE) Is Sleeping Pancakeswap has been moving really sideways and hasn't picked up any momentum with the rest of the market. It's been trading between $17.50 - $20.50 since September 19th and showing signs of heavy accumulation at $19.00.
I do believe Pancakeswap will move due to:
- The growth of the Binance Ecosystem.
- The meme coin community trend will continue throughout this cycle. A lot of meme coins especially new ones are accessible on Pancakeswap for extremely low fees. Meme coins bring in a ton of new liquidity into the market.
- Ranks top 10 in Total Value Locked (TVL) and TVL is steadily growing.
After we break out of this sideways pattern I do expect a run up to $22.69 at the 0.236 Fibonacci level. Personally I love when there's a prolonged amount of dullness and sideways action. Keep Pancakeswap on your radars!
Much peace, love, health, and wealth!
CAKEUSDT ARE YOU RDY ?🧨🧨🧨It is a decentralized exchange for a year that their voice has risen in the crypto community.
All these exchange offices do their best to be able to have a good ranking in this group.
Pancake Exchange is one of these exchanges and can give a good profit to its shareholders, but we who are not shareholders are traders and in any case we get our profit from this currency code.
We are traders and all 😂😂😂