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CAKE

🆓PancakeSwap (CAKE) July-7 #CAKE $CAKECAKE is approaching the $16 zone, which is a very strong resistance but with CAKE's strong volume, it still has a chance to break through and move towards the $18 and $22 zones in the next few days. If it can't break through this $16 zone it will correct to the $14 or $12 zone before rallying to the $18 and $22 zone. 📈BUY 🔴Buy : 15.6-16.4$ if A. SL if B 🔴Buy : 17.6-18.4$ if A. SL if B 📉SELL 🔴Sell : 17.6-18.4$. SL if A 🔴Sell : 21.5-22.5$. SL if A ♻️BACK-UP 🔵Sell : 15.6-16.4$ if B. SL if A 🔵Buy : 13.7-14.3$ if A. SL if B 🔵Sell : 21.5-22.5$. SL if A 🔵Sell : 13.7-14.3$ if B. SL if A 🔵Buy : 11.7-12.3$. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
by CryptoStation
1
$Cakeusdt needs to beak $16 Mark $cake $BTC$Cakeusdt needs to beak $16 Mark $cake $BTC looking good ,it looks like bottomed out for now. it it above 50 MA , and it is over the outter line flat Triangle and had make a corrective pattern and now it is out of that if we break $16 mark with an Impulse move then it is going to hit $19 mark soon $Cake is the PancakeSwap. it is an automated market maker (“AMM”) that allows two tokens to be exchanged on the Binance Smart Chain. It is fast, cheap, and allows anyone to participate. LINK Rank:15 Marketcap: $8,974,028,293 Available Supply: 437,009,554 Max Supply: 1,000,000,000 USD: $20.6000 BTC: 0.00060211₿ ETH: 0.00885269 24h Low & High $18.83|$20.53 0.00055442₿| 0.00060012₿ Vol: $1,141,691,011 ATH : $52.70 ATL : $0.1482 24h: 9.4% | 7d: 5.2% 30d: -25.0% | 1y: 283.6%
Long
by Abbas39
CAKEUSDT --> it NEEDS to break this trend line!Cake is desperately trying to break this trendline, it needs to break it to go higher, its failed it many times now. Its a bearish pattern of sequential lower highs that is starting to squeeze price. $9.5 is major support, $8.3 is the last line of defense. BTC revisiting 28.8k and going lower may very well break CAKE's back and most of the ALTcoin market :( I see a descending triangle pattern but technically I don't think it meets the criteria, as most ALTs do CAKE is roughly following BTC price action, most alts look similar so we cant take much significance in ALT charts unless major divergence is shown.
Short
by tommytoan11
🔥 CAKE Bullish Triangle: Break Out SoonJust like in my BNB analysis, CAKE has formed a nice bullish triangle pattern over the last week. Currently, CAKE is sitting at the lower trend line where it can either bounce off, or fall though. After a sell-off earlier today, BTC appears to regain some strength, which is naturally great news for alts. Nevertheless, the triangle break out direction will depend on BTC. If BTC manages to break through 36k or higher, we can finally see some more gains for CAKE. However, a bearish case could launch CAKE back towards $12 or lower. Keep a close eye on BTC when trading alts. Happy trading!
by FieryTrading
13
🟢 NEW POSITION $CAKE Target 62.72 for 20.15%🟢 NEW POSITION $CAKE Target 62.72 for 20.15% Or double position at 1.68 — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. I finally added my YouTube Training Video to my profile tagline since I’m not allowed to on here. It’s a quick 15 minute training video on how to set up your chart and how to spot opportunities. So check here first but If you have questions just message me.
NASDAQ:CAKELong
by SPYder_QQQueen_Trading
🔥 CAKE Potential Horizontal Channel BounceCrypto is currently seeing a rather big sell-off. We've currently lost virtually all of yesterday's gains. For bulls, this might be a great time to buy in again in case the market will resume the move upwards in the near future. CAKE is currently trading at the support of the horizontal channel, this might be a great time to trade the bounce. Don't enter the trade just yet, wait for confirmation of reversal. I'm looking at the $13 area for a potential bounce. Always keep an eye on BTC when trading alts. Happy trading!
Long
by FieryTrading
14