Cake / usdtHello dear friends and companions, today the cake was able to be supported. Maybe we are nearing the end of the correction wave. We are ready to climb great.
CAKE
Cake daily analysis After a bullish rally, a consolidation is predictable. The chart has corrected about 30% of its previous uptrend, moreover, taking the fibonacci retracement in to consideration , the contemporary position of the chart is on 0.618 fibo level. The whole form of the chart is a resemblance to triangle chart pattern. If the chart breaks the top or bottom of the triangle, our goal is the length of the side from the breaking point.
CAKEUSDTHi everyone,
This is my description:
Blue Lines: Resistance (Target for sell)
Orange Lines: Support (Step for buy)
Pink Rectangles: PRZ
Thanks for your attention.
CAKEUSDTHi everyone,
This is my description:
Blue Lines: Resistance (Target for sell)
Orange Lines: Support (Step for buy)
Pink Rectangles: PRZ
Thanks for your attention.
CAKE is going up to $30Hi guys
As shown in the chart, we have two scenarios for reaching this currency, which are adjusted according to the movement of bitcoin.
And my suggestion is to act step by step to buy this currency.
Currency analysis cakeUsing the triangle and Fibonacci pattern and good support from the currency to the ceiling
CAKEUSDT Technical Analysis
⏳ Spot
💎 CAKEUSDT has formed a symmetrical triangle. After the breakout it has gone for e retest and we see several rejections already. It is expected that it continues to go higher.
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 18.50
☕️ TP1 20.90
🍺 TP2 24.00
🍻 TP3 28.00
🍾 TP4 _____
🍷 TP5 _____
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 17.00
Good Luck 🎲
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CAKE - Who Wants A Piece? Video Analysis!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for CAKE, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
CAKE/USDT - LONG MF!! :)Please see chart for details.
looking at Cake I found this perfect looking chart hiding out on the 3D. Descending wedge with historic price range validation *should* cause upward pressure and a nice big green candy!!!! :)
but prob not -- cause I'm not that smart.
CAKE/USDT cooking up a good rallyAnalysis of CAKE/USDT showing that if resistance (green line) does break, we could see much higher prices.
Entry price = $18.15
Stop Loss = $16.35
Take Profit Levels (TPs):
1st = $26.28
2nd = $30.05
3rd = $36.90
4th = $42.70
NeutralHi guys, we are in a triangle and there are 49 days left until the exit time, but due to the burning of the cake currency token, this may happen sooner, so start buying a step between $ 16 and $ 19 is suitable for buying a step. Goals are listed on the chart
cake / usdt 1h chart cake / usdt 1h chart
good support at 19 $
it can go up and good for midterm
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consider btc for your trades...
Cake 23$ Increasing bottom
Static top looks like a bullish to me
Also reverse h&s is a sign of bullish market
23 at first place and then we go for higher targets
CAKE, BULLISH SCENARIO...!Hi
This is my own expectation of CakeUsdt. Be sure to enter (long) after the breakout.
Cake at support nonetheless targetting 15usd- green box: non touched prices after run up makes it a higher probability that prices will fill this gap.
- flipping current support as resistance (yellow)
- follow the current pattern in the downward trending channel (purple)
- targetting 15 usd
Ascent or descentIf we look at the chart, we see that a long-term downtrend line is pushing the price down . But in the meantime, we see a support.The trend line and the support form a descending triangle Trading volume also confirms that it will be a downtrend.If this happens and the price goes down, the most important support will be in the range of 11.09 , But if buyers perform a miracle and break the downtrend line, the price can rise significantly.
This is not a financial recommendation.
This is just a technical analysis.
CAKEUSDT Technical Analysis
⏳ Spot
💎 CAKEUSDT Has formed a Flag pattern. the price has got rejected from the support zone. The large green candle shows us that the price has potential to go higher.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 16.15
☕️ TP1 20.45
🍺 TP2 24.25
🍻 TP3 28.30
🍾 TP4 _____
🍷 TP5 _____
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 15.30
Good Luck 🎲
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a Profitable Day
cake/busdcake is getting a bullish divergence on the daily tf. the green line on rsi indicates bullish divergence. we may get a little dump but the future with cake looks good fundamentally and technically.
My thoughts on CakeIf BINANCE:CAKEUSDT some how manage to break the trigger I'll see that as a long possession, that aside you should always be careful and set STOPLOSS!
The R/R is 3.0 so in my opinion it's a good deal, however you should always checkout BTC and ETH situation.
🔥 CAKE Reversal: Bullish Move Continued?Since my last CAKE call, CAKE has gained over 20% in value. The reversal area did indeed mark the low for the short term and the $21.5 target was reached with ease.
As of now, we're trading near the 0.236 Fibonacci retracement. CAKE is trying to pierce through it, but facing strong selling pressure.
We either pierce through the resistance in the coming couple of hours, or we might re-test the 0.382 retracement to try again later.
Target for the next week is placed at $26.
Happy trading!
CAKE/BTC buy opportunityHi followers,
CAKEBTC formed nice triangle which already broken to the up side,
Then retested the broken area again, with higher lows formed, suggesting more up side potential move.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
