CAKEBUSD - Neutral, with potential reversal signsTo keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome.
Trend: bullish (HH, HL), but getting harder to make HH with reducing volume
Note:
- Hard to get a read on this chart. Potentially forming a rising wedge that could break down.
- Volume decent, but decreasing
Trade:
- No clear trade that I see.
- Could continue upwards if we break/close above 4H resistance. Would trade the breakout and retest
- 3 decent wicks above resistance tho, buyers could be getting exhausted and we could retrace to 0.618/D1 support level
CAKEBUSD
$2.90 Cake busd looking to move higher$2.90 Cake busd looking to move higher.
Constricting support and resistance levels.
CAKEBUSD 1D-TIMEFRAME ANALYSIS✨CAKEBUSD 1D-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💰
#CAKEBUSD #DAILYHi guys..its the latest analyze chart of CAKEBUSD .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
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CAKEBUSD 1D-TIMEFRAME ANALYSIS✨CAKEBUSD 1D-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💰
CAKE PancakeSwap Bullish Divergence 5X 10X Possibility CAKEBUSDCAKE PancakeSwap Bullish Divergence 5X 10X Possibility CAKEBUSD CAKEBNB