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Cakeusd

PancakeSwap (CAKE) - January 22Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (CAKEUSD 1W Chart) Above the 9.0760290 point: the uptrend expected to continue Above 16.1961041 point: Expected to create a new wave. If it does not quickly rise above the 9.0760290 point, it may enter the mid- to long-term investment area, so careful trading is required. However, it is important to move sideways around the 9.0760290 point to break out of the downtrend line. It must rise above the 16.1961041 point to turn into an uptrend. ------------------------------------- (CAKEBTC 1W chart) Above 0.0002903 point: Expected to create a new wave. It must rise above the 0.0002903 point to turn into an uptrend. If it declines from the 0.0001652 point, there is a possibility of entering the mid- to long-term investment zone, so you need to trade cautiously. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, 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 be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for 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 been released yet. (Since it was not disclosed, 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 can be made through split trading. It is a short-term investment perspective.) ---------------------------------
BINANCE:CAKEUSD
by readCrypto
CAKE profit 10% after 1h SHORT signal - more to come?Please Like or Follow if you enjoyed this content. UPDATE: The price dropped 10% after Short signal. This trade was a piece of cake! Price is below Ichimoku cloud and RSI is still bearish. Then again RSI and CBrown is forming a bullish divergence. CCI is oversold. A bounce up is likely. However if price drops here another leg, next support is around 10.10 USDT. This analysis is made with my "Supertrend Ninja - Clean". It displays only the last few signals. Which gives it a clean look. When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. A red background indicates a possible bearish downtrend. Currently CAKE is still in a downtrend on the 1h chart. Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using my indicator "Yo Show Me Some Support - and Resistances". Pun intended. Thank you for reading. Namasté 🙏 What Indicators Do I Use: In the chart I am using my "Supertrend Ninja - indicator", which is a trend-following indicator (Green and red vertical line with arrows). When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend. "Supertrend Ninja - Clean", a cleaner version of "Supertrend Ninja - indicator", which only displays the last few signals. With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "HA Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop. Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
Short
by Kch28
1
CAKE/USDT ( PancakeSwap ) is support bullish toward $50#CAKE/USDT ( PancakeSwap ) Request Chart:- $Cake currently trading around $12 And $Cake is strong exchange coin so Its always better to hold in Long term. And also $Cake giving good Staking ROI around 70% APR Now as per chart $11-$12.20 is good Accumulation zone. Targets will be Very high if breaks $17 Strong resistance level. After Break $17 I personally expected it can Hit $50 and $100 also Possible in Long term. Its all about Targets. Stop Loss:- As per chart $Cake will be bearish below $10 So any daily candle close below $10 that not good for Bull.
Long
by CryptoPatel
3
CAKE - Who Wants A Piece?Hello everyone, if you like the idea, do not forget to support with a like and follow. CAKE is sitting around a strong support zone in green and round number 10.0 so we will be looking for buy setups. on DAILY: CAKE is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, CAKE would be overall bearish can still trade lower till the lower green support before going up. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
18
CAKE ( Pancake ) is at Major Support LevelCurrently pancake (CAKE) is trading at its major support level. This support level is very crucial for the CAKE to hold its double digit price. In the past this support level acted as bounce back price for pancake. If you are planning to add some CAKE to your portfolio then this is a good time buy and if the price goes lower then probably you can do DCA after that. You can also get 70+% APY by staking CAKE at pancakeswap exchange. Stay tuned for more updates.
Long
by GreenCryptoTrades
6