Cakebtc
CAKE IS VERY BULLISHFrom somewhere on the chart, we entered "start", a bullish diametric has been formed, and now we seem to be in the bullish wave E.
This diametric is very strong and bullish and is expected to continue until $6.8 - $7.0.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
CAKE will continue to go up after the Flag breakoutCAKE will continue to go up after the Flag breakout.
🔵Entry Zone 2.798 - 2.727
🔴SL 2.577
🟢TP1 2.933
🟢TP2 3.200
🟢TP3 3.400
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CAKE buy/long setupThis symbol has a structure that can pull back upwards. We have an ascending CH on the chart and the TL (trend line) is broken.
I marked the TPs on the chart. When the price reaches tp 1, place the stop on the entry.
If CAKE reaches the white FVG range, we will look for buy/long trades.
Do not enter the position without setting stop and capital management.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
CAKE LOOKS BEARISHIt looks like we have a contraction triangle on the chart. The lower trend line of the triangle is broken and the price has failed to recover it.
We are expected to move towards the green range with high volatility. We specified the targets. Closing a 4-hour candle above the red range will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
CAKE IS BULLISHIt looks like the CAKE symbol is inside a large diametric and has now completed a large bearish wave. Now for E branch it can move up. The target is somewhere inside the yellow circle.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
pancakeswap hello dear traders
The new Tokenomics are great! Only whales leaving at the moment that would have left later on with much more value of Cake. The tradingvolumen is still the same if not increasing at the moment :D The website stats of monthly user won't change at all. New tokens and Ifos will keep launching day by day on pancakeswap. If you wanna buy Cake it's a great time now! The amount of cake that is getting burned the next weeks/ months will be hilarious high!🔥
CakeBTCHI guys, today we analysis the most ridiculous token on bnb smart chain.
after 700 days accumulation ,
Finally, the price of this token reached the area we were waiting for
From now on, we will wait for price action conditions that will show us whether it is possible to make a purchase or not.
IMORTANT ZONE WAS DRAWN BY GREEN AND EXACT DEMAND ,SUPPLY BY RED LINE AT THE RIGHT SIDE OF CHARTS.
BINANCE:BNBBTC BITSTAMP:BTCUSD BINANCE:CAKEUSDT
BINANCE:CAKEUSDT BINANCE:CAKEBTC
CAKE IS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the CAKE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
CAKE/USDTDo you like discounts?
This is next big opportunity! Iam big farmer on PancakeSwap and I would like to shop indefinitely at such a price, but i cant :(..
Cake will go UP and soon hit new ATHs after that panic stop... Or maybe no, you know, who knows :D..
Iam in and will be, DeFi..
MFA & DYOR ofc..
CAKE reacted positively to the supportCAKE reacted positively to the support of the range of $3.56 to $3.63 and continued to move upwards again. In the daily timeframe, a higher ceiling has been recorded than the ceiling of the previous downward wave, indicating the medium-term conditions are bullish. Therefore, there is still a possibility of retesting the resistance and breaking the resistance in pullbacks.
Of course, the negative reaction to the candle yesterday can indicate that the price trend this week and in the 4-hour time frame can turn into a range mode. So the previous floor at the $3.56 -$3.63 support limit can be retested, forming a large range zone. Also, after the top of the main descending channel is broken, we expect a pullback to the top of the broken channel. The main resistance of CAKE is also considered in the range of $5.20, which can be associated with a strong negative reaction.
The important resistance area!CAKE had a range trend during the last week. Its price fluctuates between two very important resistance and support levels corresponding to the 4-hour time frame. The support was considered in the range of $3.42 to $3.65, and its resistance was in the range of $4.10 to $4.20. If the resistance and range of Bitcoin are broken, we can expect to see the price continue to grow until the next target range of $5. Note that the current resistance is very serious and important.
Breaking this range requires the stabilization of favorable conditions in the market. Because it can both increase the trend in the 4-hour timeframe and the price can completely exit the long-term downward channel. For the short-term and in the 1-hour time frame, as long as the support of the $3.82-$3.87 range is maintained, there is a potential to break the resistance. You can also consider a symmetrical triangle pattern for the current price in the same time frame. Failure of the pattern from any side can affect the continuation of the price of this currency. According to the type of candles and most likely, the direction of price departure from the pattern will be from above. In this case, we can expect a further price increase from CAKE after breaking the resistance and pulling back to it.
Eliminate sales pressure?!CAKE had a sharp downward trend during the past weeks. After the buyers brought the price to the resistance level of $5, there was a strong reaction in this area, and the saving of profit by the buyers, along with the selling pressure that was applied in the whole market, caused a 30% price dump of this currency. The support level that was considered in the range of $4.10 to $4.23 for this currency has now turned into resistance. But the second support, which was in the range of 3.46 to 3.65 dollars, has been associated with a good positive reaction.
The market made a return to its resistance levels last day, and CAKE currency has hit the resistance of $4 with the good support of its buyers. In the 4 hours, the price trend of this currency can become a range mode if it does not break the resistance of $4 because the power of buyers has risen dramatically above the previous support level. Therefore, we expect a range trend from this currency this week. If the buying support continues and the $4 resistance is broken, the price could break out of the long-term bearish channel, and this could go a long way in removing the selling pressure.
PancakeSwap (CAKE) formed Bullish Gartley | Good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of PancakeSwap (CAKE) with Bitcoin .
On a 4-hr time frame, CAKE has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
#CAKE, quite bullish over the last 10 days..#CAKE
Not sure why but it has been acting quite bullish over the last 10 days..
Currently trying to see if its able to hodl/flip the ~20k sats area (and avoid a rejection similar to what Aug 7 showed)
If this occurs, there may be room for an additional 20% run-up.
⌛️
PancakeSwap Easy 22% Jump Explained!We are looking at CAKEBTC (PancakeSwap) and we can easily see a bullish move developing.
Notice how the 16-March low led to a move that was rejected at MA200.
Now, we have a new low 12-May which will be followed by another test of the MA200 resistance at 0.0001910.
That's a 22% price jump from the current price.
The stop-loss can be set right below EMA21/EMA10 (manual).
This is not fiancial advice.
We will track this one.
Namaste.