CAKE
Cake-USDT updateAt the base of uptrending channel and near to mid of downtrending channel... higher prices is estimated...
MY MINIMALIST CHART ANALYSIS for $CAKENOTE THAT THIS IS $BTC PAIR
This is not a piece of Financial advice, I am looking at an entry point for $CAKE within the price range that I am comfortable with, that I think the bulls will be interested in.
CAKE/BTC Ready for Breakout...?#CAKE/BTC TA Update:-
#CAKE currently trading at 6200 satoshi
I am waiting for the break-out Upward side.
Waiting Resistance line break out.
After we can see skyrocket.
So I am accumulating some #CAKE here and waiting for dip also.
Entry:- 6200-5600 Satoshi
Targets:- 7238/7983/9000/9877
Stop Loss:- Will Update
Support: 5900/5600
Resistance:- 7238/7983/9000/9877
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CAKE/USDT 🍰Hey hey my friends 👋
Cake, aggressive entry here, looking for these moving averages to converge and push price up
$CAKE to 50$$CAKE's new Deflationary Mechanism Lowers Generating New $CAKE's.
It was 40 Earlier and now It's 20.
CAKE Compounding Rates are getting lower but Circulation is getting lower.
twitter.com
CAKE - Best purchase price impossibleWe are at the best price to buy or at the beginning of a bearish market deepening.
To sum up: if you buy, be cautious if you own, keep your fingers crossed that a new rally is coming.
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER. You invited to share your vision in the comments. Thank you
💡CAKE: BUY Trade🚀🚀🚀🚀🚀🚀 #ALTSEASON2021📈#CAKEUSDT
➡️Entry: 31.5$
🎯Target 1: 40$
🎯Target 2: 65$
🎯Target 3: 100$
🔥 CAKE Reversal From SupportCAKE has seen a lot of bearish presssure since early May. Gradually this coin has been declining over the weeks, with the biggest drop being last night. The drop last night stopped around the area of support drawn on the chart, which in turn causes a strong reversal of the price at this moment.
Since BTC is being unpredictable, be aware of any drops in price.
Happy trading!
CAKE/BTC Bullish DivergenceRSI momentum bullish divergence.
Price = LL
RSI = HL
CAKE has hit the pre-marked 4H demand zone that preceded the rise beyond its ATH.
Bounce coming.
CAKE ELLIOT WAVE COUNTCAKE seems to have finished one full cycle with that last correction. If BTC drops it could however drop further to the 25$ area.
the previous structure shows 5 waves with the fifth being extended. these 5 waves are the 1st wave of a bigger structure and the ABC correction is wave 2. IF BTC holds here we could see the start of wave 3 that can stretch up an should be longer than the previous wave 1..
$CAKE/USDT Ready for 100% profit...?#CAKE/USDT TA Update:-
$CAKE is looking good at this level.
I am buying here some $CAKE
Entry:- $27-$30.50
Targets:- $40/$44/$50/$61
First $37 is big resistance right Now.
If breakout this resistance then we can see $60 also.
I am accumulating $CAKE at every big dip.
Support:- $28/$21
Resistance: $40/$44/Moon
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My idea for CAKE/USDT in the coming days/weeksI can see a bullish flag on the CAKE/USDT daily chart: prallel descending channel after a long price explision.
No RSI or MACD divergence (higher highs on price and the latter 2 indicators alike) -> I expect no trend reversal, I am still bullish.
Strong confluence:
min/max price Fibonacci 0.618-level retracement aligns with
default daily Keltner Channel bottom.
Also a past resistance ($29.333) is almost touching these levels. Past resistance may act as support for this falling price.
Checking the 4-hour chart a bounce upwards may be imminent. If it breaks the upper channel level, it may go up to ~$54.
If I stick to the daily chart, I assume the price would go up to the channel top, bounce back to around ~$30-$31 then race up to break the upper channel level all the way to $53.
Also the Fib-retracement level 1.272 level is ~$54.
We will see how this works out.
