Cakeanalysis
$CAKE: Great buying opportunity Cake has been holding it's support at $19 as Bitcoin has been dropping to $54-55K. Yesterday it hit the support trend line and bounced straight up to $25 but it has now dropped back down and held a strong supporting price. I see $CAKE consolidating for maximum 7 days before it exits out of the triangle and hitting a new ATH.
Take profits at:
$TP1: $25
$TP2: $27
$TP3: $30
Hopefully this helps you and your crypto endeavours.
CAKE/USDT : Breakout confirmed BINANCE:CAKEUSDT
Hello everyone 😃
CAKE had a breakout from it's bearish trendline and now it's holding above it.
Also It passed MA 100 & MA 200.
CAKE already bounced enough..
It needs to retest bearish trendline for healthy growth !
📌 How ever there is a resistance, Which lead CAKE for retest anyway...
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
$CAKE Token Broken Out of Consolidation Down Trend to UPside...trend lines marking the down trend in $CAKE token consolidation period... Recently broken out to the upside.
$CAKE is a Token with huge potential due to the incredibly lower DEX Transaction fees offered through Binance Smart Chain on Pancake Swap.
Pancake appears to be a rapidly growing DEX which some people feel can surpass Uniswap or at least reach similar market cap.
Cheers to those have eaten CAKE! @SmileyTradesHello Traders!
We have finally met our Macro degree Target! A big congratulations to those who took this trade with me.
I must say, it's been a trade with bottom entries and top targets! It's been ~250% in price gains from Entry to Target! Great trade.
I've included what's next for CAKEBUSD on the chart. Pay attention to how price begins to consolidate after the Target has been met; it will tell you how bullish/bearish it is.
Key levels on the chart!
Happy Trading, always manage risk.
Quality in trading is the ability to react to one's own psyche
Pancake Swap ($CAKE) With Lots Of Upside in the Near FutureWe are only seeing the beginning of what's to come for $CAKE. I've been saying since $9 that this platform is undervalued and I will continue to say this until it's above a $10b market cap.
Stake your coins on Pancake Bunny and get a great return while you hold for the 5-10x.
Cake looks Bullish !!Cake/usdt Had an amazing run a few days ago over 70% pump which was tremendous .1 personally can see cake at 30$ before may,Futher a Cup and handle confirming it gives us more confidence in it . We could also Presume it as a Bull flag. And the target would still be Astronomical.i would like to see the breakout of the neckline In the next few days.further btc dominance falling into new lows adds to the hype.
Fundamentally speaking Cake has a circulating supple of 150M Price 18$ Uniswap 500M price about 30$
Also with ethereum Scaling solution Layer 2 being postponed for July could give room for dexes like pancake swap room to grow.
I hope you all good trades
Do your own research none of this is financial advice
Cheers!
Cake Looks niceCake/usdt Had an amazing run a few days ago over 70% pump which was tremendous .I personally can see cake at 30$ before may,Futher a Cup and handle confirming it gives us more confidence in it . We could also Presume it as a Bull flag And the target would still be Astronomical.i would like to see the breakout of the neckline In the next few days.further btc dominance falling into new lows adds to the hype.
Fundamentally speaking Cake has a circulating supple of 150M Price 18$
Uniswap 500M price about 30$
Also with ethereum Scaling solution Layer 2 being postponed for July could give room for dexes like pancake swap room to grow.
I hope you all good trades
Do your own research none of this is financial advice
Cheers!
cup and handleLooking at this chart and seeing this big ass cup and handle, icm with a current breakout, we will see big gains from this coin from now on
CAKE cup and handle?Not normally into patterns, but been very successful with the cup and handle.. Interesting to see how this pans out?
CAKEUSDT To The Moon!CAKEUSDT (4H CHART) Technical Analysis Update
Resistance zone breakout
CAKE/USDT currently trading at $16.40
Buy-level: $15.75 - $16.40
Stop loss: Below $13.00
Target 1: $20
Target 2: $25
Target 3: $30
Target 4: $40
Max Leverage: Don't use any leverage on this trade
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Bullish Cup and Handle Forming for Pancake Swap ($CAKE)I'm getting more and more bullish on Pancake Swap ($CAKE) on a daily basis. The chart is bullish, the fundamentals are bullish and they are taking their inflation concerns seriously.
If they keep adding more coins moving over from the ETH network, they can easily be one of the top market cap DEXs on the market.
possible 39% gain in 10 daysCake has gone through the biggest hurdle now and did really good when almost every coin dropped 5-10% last evening. It seems that their is a high probability that cake reaches around 40% gain coming days. Good money, especially if you stake cake with 250-300% apy. measurement from current point until highest resistance point is 39%.
Pancake Swap ($CAKE) Consolidating Before $14.60 TargetPancake Swap ($CAKE) is in a great spot to buy on the low end while it bounces between $12.80-13.55.
I'm looking to sell about 75% each time it hits $13.50 and then buy back in at $12.85. I like to have a bit of cushion as I've missed out on trades by pennies trying to get exact.
Look for it to breakout over the next few days to reach my price target and previous resistance around the $14.60 mark.
CAKEBUSD 4H-TIMEFRAME ANALYSIS✨CAKEBUSD 4H-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for PancakeSwap CAKEBUSD
I expect the price to move higher...
I hope my idea is clear
Support me by like and share
Stay Safe💯
Good luck💰
