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Cakeanalysis

CAKE BULL RUNhi , our general opinion for cake is long in the longterm (when alt season begin),as you know in fib retracement between 0,786 and 0,618 zone is golden packet it means we should test it one day and our weakly strong support is 30$ and also 0,618 retracement is 30$ so our first target for cake is 30$ , second target is 44$ because its ATH . and as you see in the chart , cake make a descending chart pattern ( descending chart pattern in old market is a bearish but in new market like cryptocurrency is a bullish chart pattern) and it broke the pattern and our target based by pattern is 54,92$
Long
by matin_iranian
3
CAKE - TRADE SETUP - LIVE TA$CAKE has been in accumulation zone for so long now and it this video I have discussed why I think CAKE is going to give massive gains in the next few weeks! The best entry is at the market price till $18 and the targets are mentioned. I have gone through each and every details and have done all the analyses so you guys can copy the idea and learn it from my strategies as well :-). If you liked this video guys make sure to give a thumbsup and share :-)
Long
by TychonTrades
2
CAKE - is going to skyrocket 🤯🚀There is an interesting pattern on the CAKE chart. You can see the trend line, the price has already tested it four times, but has not yet been able to break it. With each test, the resistance is weakening, so we should expect a breakdown of this trend line. There are two scenarios worth noting: - If the price reaches a low of $17.7 and then breaks this resistance line, this would be a very good buying opportunity. - If the price squeezes and then breaks this trend line, that would also be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
8
CAKE MASSIVE GAINS INCOMING? BUY HERE$CAKE has been in a down trend since April and it is now breaking out with volume. All the indicators are showing bullish signs with every tf flipping into bullish from all smaller timeframes to the htfs till 12 hours are now bullish. OBV turning green, MACD bullish, RSI holding and breaking downtrend, trendline broken and bullish harmonics. I am taking entry here at market price $20.7 and will tp it till 22.65 - $34 Also, alot of developments has been going on CAKE with their NFT marketplace launchin I was expecting this breakout to happen soon and looks like we're ready now! Good Luck. If you liked this idea give a like and a follow :-)
Long
by TychonTrades
3
Cake to 36.86 $ USD?In my last analysis we were able to observe a triangle that was invalidated as a result of the market crash, however not everything is negative. This fall managed to show us a bullish channel in #CAKE which is very positive. Within this new bullish channel we have a new triangle that should break no later than the beginning of October and would have as its main target $ 31 and then $ 36.86. If the market remains bullish, I have no doubt that Cake will have a big rally, assuming that we are days away from its first anniversary and that every Monday there is a burning of tokens that represents 1% / 3% of the current supply. #Cake #Pancakeswap
CLong
by TheLuckyLeandro
PancakeSwap #CAKE to 31 $ ?After seeing how the target of $ 25 was perfectly met as I mentioned in my old publication, we can see again the formation of a triangle, which should break up at the end of this month, obtaining as a target $ 31 that would represent the 61.80% fibo of the May correction. However, I believe that if the market remains bullish and we continue with the respective token burn, we will be able to see an even stronger momentum up to $ 36.86 which represents the 78.60% fibo. Cake is undoubtedly one of my biggest bets in the remainder of the year and I hope to see it reach high prices, which I will share with you later in my next reviews.
CLong
by TheLuckyLeandro
4