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Cakeusd

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
PancakeSwap (CAKE) - October 12Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (CAKEUSD 1W Chart) - Mid-Long-Term Perspective Above the 9.0760290 point: the uptrend expected to continue 15.1757179-16.1961041 or more: Expected to create a new wave. (1D chart) First resistance section: 19.0812658-20.0044522 Second resistance section: 29.5050311-32.1525450 (psychological resistance section) First support section: 15.1757179-16.1961041 Second support section: 9.0760290-10.8786252 It is important to maintain the price above the first resistance section. Therefore, it is necessary to check if the price can be maintained above the first support level. If it falls from the first support zone, it may touch the second support zone, so trade cautiously. ----------------------------------------------------- (CAKEBTC 1W Chart) - Mid- to long-term perspective 1652 Satoshi-2070 Satoshi or more: Expected to continue upward trend 2687 Satoshi-2903 Satoshi or higher: Expected to create a new wave. (1D chart) First support section: 2687 Satoshi-2903 Satoshi section Second support section: near the 1652 Satoshi point First resistance section: 4174 Satoshi-4837 Satoshi section Second resistance section: 6578 Satoshi-7068 Satoshi section ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
BINANCE:CAKEUSD
by readCrypto
don't forget the Cake inflationmy last prediction was to stay out of the market when the cake was on 25 $ (you can see the idea in my profile) as we saw the cake has already reached its 61,8% fibo , while the other alt coins haven't yet ,and that's because if its huge inflation that what make me just short term investor in cake , so i'm waiting until the bitcoin falls to the 37k zone i will enter the cake mid term trade , and i expect the price will drop to 14_15 area ,(that would be the real 61% fib on cake on the market cap) in worst case scenario i will be missed out and waiting another chance to enter , better than staying in minus .. you can support me just by following me , and leaving like on the idea .. Share your opinion in the comments to compare the cake price with its inflation on market cap just see cake chart on cmc
BINANCE:CAKEUSDLong
by memotion
1
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
CAKE/USD - Correction continues, for now. 😅CAKE did we, very well early this year. However since May CAKE is correcting and I don't see this changing anytime soon or not until we penetrate the resistance. :) For now this chart is bearish and I don't exclude a re-test of support before any sustained gains can be achieved. For that we also need the overall market to heat up. That will help CAKE. The indicators also show mixed signals right now, so best to stay away from this right now. Like and follow if you liked this idea!
C
by DU09
PancakeSwap (CAKE) - September 12Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (CAKEUSD 1W Chart) It remains to be seen if the price can be maintained above the 15.1757179-16.1961041 segment. If it declines from the 9.0760290 point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required. If the price holds above the 20.0044522 point, it is expected to create a new wave. (1D chart) If the price holds above the 19.0812658 point, it is expected that the uptrend will continue. However, the uptrend is expected to accelerate only when it rises above the 22.7629293 point and breaks out of the downtrend line. If it falls from the 15.1757179-16.1961041 section, you can touch the 9.0760290-10.8786252 section, so you need to trade carefully. ------------------------------------- (CAKEBTC 1W chart) It remains to be seen if the price can sustain above the 0.0002687-0.0002903 interval. If it falls in the range of 0.0001652-0.0002687, it is highly likely to enter the mid- to long-term investment area, so careful trading is required. (1D chart) We need to see if we can find support at the 0.0004174-0.0004445 zone and move above the 0.0005074 point to break out of the downtrend line. If the price holds above the 0.0005074 point, I would expect resistance in the 0.0006578-0.0007068 range. If it falls in the 0.0003450-0.0003850 section, it can touch the 0.0002903 point or less, so Stop Loss is required to preserve profit and loss. However, you can touch the 0.0002304-0.0002903 section and rise, so you need to think about how to respond. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:CAKEUSD
by readCrypto
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