BTC/USDTand Finally we find the perfect #BTC PENNANT pattern, its #BERISH pattern but all is possible in #BTC and i'm #BULLISH.
i take long X10 trade in 35.9k with SL under 34.5k and TP0 in 42k
CAKE
Bearish Flag // Rising WedgeAs we can clearly see bear flag :)
NOTE: Tread at your own risk // just sharing my ideas
BTC/USD PHEMEXand Finally we find the perfect #BTC PENNANT pattern, its #BERISH pattern but all is possible in #BTC and i'm #BULLISH.
i take long X10 trade in 35.9k with SL under 34.5k and TP0 in 42k
Cake Fibo long position Cake had a strong sell off and closed below the 1h SMA 100 still the SMA 200 ahead, I think it will retrace and reach 22$ in the next few days. it could get down to 17.50$. but 22$ is more likely I will wait for it to close above the 0.618 and then I will buy. especially if it retraced off the 0.786-0.705 Fibonacci level like it is doing now I will wait for confirmation above 0.618.
CAKEUSDT(12H CHART) - Resistance breakoutCAKEUSDT (12H CHART) Technical Analysis Update
Resistance Breakout
CAKE/USDT currently trading at $20.3
Buy-level: Above $20
Stop loss: Below $16
Target 1: $24
Target 2: $28
Target 3: $34
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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MY MINIMALIST CHART ANALYSIS FOR $CAKELOOKING AT CAKE
This is not a piece of financial advice. Boxes are major price action probability. it may be a top-up level, partial close, exit or entry-level.
Run Fibs at different time frames for confluences and watch out for market dynamics as it unfolds its path.
CAKEUSDT, Possible tasty long!Looks like CAKEUSDT is at a nice point for a long entry!
Timeframe - h12
I have labeled in red the biggest spikes on the VPVR indicator. The POC is $27.201.
We are currently about 53% away from the POC, and about 108% away from the highest VPVR spike.
Stochastics have room to rise
We are re-entering my EMA band right around the .236 fib level.
I generally use fib levels to help make my entry/TP/exit points.
Don't forget to take profit! Pay yourself!
I love you all,
Sangbagner
🔥 CAKE Triangle Break OutCAKE has been trading inside this triangle since the massive sell-off two weeks ago. With BTC appearing bullish in the near term, a lot of cryptos will copy the bullish trend.
CAKE has seen a short period of consolidation at the resistance of the triangle, whilst it's currently well on its way of breaking out of it with confidence. Mid term target would be the $25 area, assuming BTC will remain bullish.
Happy trading!
CAKEUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price was able to get out of its channel and start moving upwards. If it can not break the resistance in front of it, it can be supported until the green line, and if it breaks the resistance, it can have a good jump, and also the pattern of the head and shoulders of the floor can be seen.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
PancakeSwap (CAKE) - 31-05-2021I think we are going to see new highs in the coming weeks/months.
Now that everyone is scared, I zoom out the chart and the trend is still bullish for now no need to panic.
Don't forget to like my post, Kind Regards.
Robin kok.