CAKE
Time for more CAKECAKE has been taking a breather the last week, but could be ready to start moving again. It has multiple bullish signs.
Still within this ascending channel since March. Bounced off the lower trend line, forming a bull flag and a hammer candlestick.
If it stays within the channel we can be hitting $65-110 in the next of couple weeks, while a break above could catapult us to $152 and beyond.
A break below the channel would be bad and we'd likely go to $28 dollars once again.
Let me know what you think.
BINANCE:CAKEBUSD
CAKE/USDT Ready for uptrend and $70 Potential form here#CAKE/USDT TA Update:-
$CAKE currently trading at $37.80
And $36 is very strong support to hold bull.
Entry:- $36-$37.85
Targets:- $43/$50.60/$58/$70
Stop loss:- I will update with trend.
Support: $36/$32/$28
Resistance:- $43/ Moon
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CAKE/USDT BULLISH . BUY THE DIPPP!!!CAKE has been performing really well for the past few months and now it has events coming up on that it is in the uptrend forming a channel and respecting Fibonacci retracement and extensions as drawn previously right now its in the retracement phase and will prolly dip to 35 or 34$ before it continues its uptrend and this time it ll go upto 60 to 70$ hopefully
BUY : 34 - 35 $
SELL T1 : 60$
SELL T2 : 70$
CAKE - Possible bullish flag breakout coming!BINANCE:CAKEUSD
CAKE is forming a classic bullish flag a breakout imminent with strong potential for an upside breakout around May 10th.
If we break through the resistance we faced at $44.21, I'm setting our first target at $72.71.
However, my fib retracement did put our top target at $131.41
What do you think - am I onto something? Drop a comment and let me know your thoughts!
Cake looking to make a new ATH in MayCAKE has followed a pattern of 50-60% gains every 2-3 weeks since its listing. This price increase is not undeserved as Pancake Swap regularly does similar volume to the much higher capped Uniswap. Even though cake has moved from under $10 to $40 it is still an undervalued project with it market cap sitting around $6.5 billion.
Since we are only about 6 days into the new consolidation period I'm not sure if CAKE is going to takeoff now, or sometime in the next 10 days.
Personally, I plan on getting in now. Chasing a pump is never wise and it seems that CAKE has cooled off a bit before its next move up. We might get this move sooner than the next ten days based on the MACD almost crossing the signal line. I'd prefer a better RSI, but I'm not looking to miss out on a coin I'm confident in (at least in the short term).
If $CAKE makes a similar 50-60% move we are looking at a price target of around $60. A good stop seems to be 33-$35 where there is some support.
Cake - cakeusdt - cake, close to being bullish, but not yet -1hsCake still recognizes the resistance raised in my previous analysis
Even though now it had a bullish moment, in my opinion cake is bearish as long as it is below 43usd.
in summary
If you are not yet in cake you can buy if cake rises above 43usd and makes a throwback.
If you currently own cake, be careful!
what's next move to cake ?As you can see, the price has a downward trend and is moving downwards ,
It has strong support in the price range of 36 to 36.5 ,
There are two scenarios :
1. As the downtrend line is broken, the price will move strongly upwards ;
Or
2. As price support is broken, prices will move down and further support .
Good Lock ;)
GOLD I hope everyone has a blessed week. I am ready for this week. I have been watching Gold and also Apple.
A weird combo but I have started to learn how they move so it works for me, lol. The weekend (sat/Sun) indicator helps so much.
I use this to see whether the analysis will be bullish or bearish starting the week off.
Remember that patience pays. You got this!
CAKEUSDT --> Missed the CAKE party? Try this entry!PanCAKEswap has been seeing some explosive growth. Here's me back at $16 with a ton sitting in a syrup pool wishing I just had of...
haha, isn't the crypto life just full of near hits and misses?
If you missed out on the CAKE party, here's some ways to get a seat at the birthday table. Its a classic case of the FIB support play. If we come down further, have a buy order set for either of the 2 green buy zones I have charted. Being active in these trades with a stop limit is ESSENTIAL.
Do not floopflop around with this trade idea if you aren't using a stop limit, that would be crazy.
Until further patterns develop, these are some decent plays.
Lastly, be careful over the next few days, BTC isn't exactly out of the woods, we have some major resistances to break coming up and there's a chance at all of them that we experience what we did today, a VERY sharp rejection.
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CAKE TRADE
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BUY: $34.5 OR $32
TARGET: $44
STOP: 5% BE TIGHT WITH IT!, when catching a falling knife you gotta be careful, otherwise it may just go straight through your hand!
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Fundamentals
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Rank #25
Market Cap = $6,200,866,276
DEFI
Supply: 160,447,894
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*Tokenomics are good, they burn lots... actually they may be really good tokenomics. I have used the dapp a bit, they always adding new things. Very active project. Is it worth $40? is it worth more? ... if we assume further growth in crypto... defi is a massive sector... yeh look maybe $100 for CAKE eventually?
Bake cake!Hi fellas
lets talk about $Bake boys
BakerySwap is a decentralized automated market-making (AMM) protocol that is based on the Binance Smart Chain (BSC). The BAKE token is a native BEP-20 governance token on the platform.Users have the ability to earn BAKE tokens by providing liquidity on BakerySwap, and BAKE holders can use their tokens for governance voting and to receive transaction fee dividends. The BAKE rewards are offered in several liquidity pools, initially including BTC, ETH, DOT, LINK, BUSD and BAKE versus BNB
targets 7 - 7.5 - 8 - 9
stop loss 5.5 - 5 - 4.5
CAKE looking for continuation Here's a quick look at CAKE 30 min chart. As we can see, the price is right now printing a bull pennant which is a continuation sign. CAKE had a great run and could easily go higher from here! Keep an eye on CAKE!
The idea is: Buy the breakout from the falling channel and Take profits at the levels shown in the chart.
Targets:
1. 42.5$
2. 44$
3. 47$
4. 52$
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
CAKEUSD GRAFİGİ (sorulduğu için paylaşılmıştır)Yükselen kanal içerisinde hareket ediyor. Sürekli ATH yapıyor. #BTC bozmazsa Mayıs ortasına doğru 60 usd yi görebilir. Kanalın yukarısına doğru kırılım olur ve tutunursa alım yapabilirim. 2 usd seviyelerinden beri takip ettiğim güzel kazandıran bir coin ve proje