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CAKE

Killer CAKE!Someone call the police because CAKE has been killing it and it does not want to stop. As the premier DeFi project on the Binance Smart Chain, CAKE has been growing in leaps and bounds. CAKE already hit the $38 dollar target and appears to have another 2x or 3x in it before it slows down. At the time of writing CAKE is sitting at a market cap of 6.4B dollars. I expect it to quickly catch the likes of LINK (14B) and UNI (21B). Looking at the technical the RSI is still looking really good. During it's first pump in February it reached RSI levels in the 90s three seperate times before price action finally started to fall. I also don't see a rapid crash in the price of CAKE given all the CAKE currently accruing interest in liquidity pools. The price looks to be moving within a pretty tight parallel channel. If it stays within this channel we can see it hitting 56 within the next week or 2 or even 90 by the end of May. A break above the channel could have us flying into the stratosphere and 127 would not be surprising. There's plenty of CAKE so come get a slice! BINANCE:CAKEBUSD
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by variousCryptos
3
CAKE, divergence and explaination on where it would goCAKE's price is going up but the volume is low, this indicates a divergent situation. RSI is overpriced, this could be a phenomenon called power zone, where the price will keep going up due to retail's excitement. so, based on my analysis the price will keep going up until $46-47 and then going down to the trend line i draw. im using snr and trend line drawings, and i use RSI and Volume indicator for this analysis. i hope my analysis could help you to make your decision, best of luck to y'all
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by papacan
1
polygon / quick: chicken or egg?quick is the principal amm (uniswap fork) for polygon (previously matic - an l2 ethereuem chain). considering the recent interest in BSC (l2 chain) and the popularity of its principal amm (pancake swap), matic and quick are starting to draw attention. of particular interest should be the ratio of an amm token marketcap to its underlying blockchain marketcap - which for quick is comparatively undervalued. the movements of poly and quick are clearly tied but which moves 1st and which follows - which is the chicken and egg? is there a signal in the relationship?
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by straitedge
CAKE BUSD NOT LOOKING GOOD !!Hello, i Check my all custom indicators on cake busd to get any bullish sign but it seems cake is done here and need to retrace to demand zone in order to pick some genuine volume. also, its a dex platform so its hard to say anything about the volume cause its diversified in dex and binance so binance could be on low vol as compare to pancake dex. well, lets see how it play out, overall this coin is bullish from a long time as it is supporting CZ BSC movements and cz is supporting this platform and token in return !! Technically we broke out the rising wedge which is ultra Bullish sign if we retest sucessfully then good to go. there is also exaggerated bearish divergence on daily timeframe Cheers.
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by TheJohnSmith123
12
Helium (HNT) ABOUT TO INCREASE 40% + AND HUGE INTEREST MINERS Hello trading friends, We expect a huge increase trend on Helium (HNT), this depending on the study to this coin, and it looks its only about time before it can hit 20 USD + they have very hot product miners, where the most can earn more than normal miners. # Data on the internet shows a high interest in this coin, and even the miners sold out for more batches. all those users will get paid in HNT, in long term will make this the price increasing more. # do always your own study and take risks depending on risk management, this is our option for this coin. Have a great day, follow and like for more updates, thank you 😃
HLong
by watchtrend
1
GOT CAKE ? Bonjour If you are my follower you probably got cake in your bag and some of you get even diabetes ! cake is hot for many reasons, and for new comers who dont know, what kinda cake we talkin about, CAKE is the governance token for PancakeSwap and PancakeSwap is a Decentralized Exchange (DEX) built on top of Binance Smart Chain (BSC). It is the biggest Automated Market Maker (AMM) based exchange in BSC... if you day trader, watch BTC chart too, short story long Target 34-36-39--40--42 Stop loss 30-29--27 Au revoir
Long
by amirsediq
3
CAKE IS BULLISH UNLIKE THE MARKETGreeting from IRAN to whole trading community ✔💙 CAKE is moving through an ascending channel since 21st March CAKE could maintain in it's ascending channel unlike most of the market that lost their bullish momentum after that massive sell-off has occurred in market CAKE is above its major support 26$ As long as it can stay above 26$ , we expect from CAKE to rest then attack to its ATH and rise above 30$ KEEP IT SIMPLE :)
Long
by nima-mohammadkhani
12
CAKEUSDT --> exploring price upwardsTried to catch a few falling knives recently with BTC dumps, CAKE is one I caught, whoever got it at $22... THUMBSUP! The question here is to take profit or continue this potential ride. We have sold a lot with BTC, if we were to go sideways here for a bit, it makes sense for CAKE to hit $30, that will just be the nature of how ALTS react to neutral or bullish BTC price action. Since this is unexplored graph for CAKE... maybe we see some serious buying? -=-=-=-=-=-=- Todays VET Trade -=-=-=-=-=-=- BUY: Opportunity is gone most like, but the buyback is on the trend line... which would be an honestly very nerve-racking buy! (it would imply, in the short term, horrible news or BTC dump to 41k) TARGET: $30, may let it ride at that point STOP: $24 -=-=-=-=-=-=- --==--==--==----==--==--==-- Fundamentals --==--==--==-- Rank #30 Market Cap = $4,420,518,991 DEFI Binance's DEFI solution. Very very young product, does have lots of updates coming.. --==--==--==----==--==--==--
Long
by tommytoan11
2
$CAKE 🍰 Strong Fundamentals !! Cake has just created a new all time high! If price consolidation occurs above the $30 level. We can expect to make a test towards our fib extension levels. If price does not break resistance, we could possibly see the low & mid $20 area. I am very bullish on cake for over a few months now! A few weeks ago around $85,000,000 worth of $CAKE where burned. Just recently, with the new Pancakeswap update, all CAKE tokens acquired from transaction fees will be instantly burned. With simple supply & demand principles: The progressive CAKE burns will cause a supply shock! First Projection:
by BigLava
7