CAKEUSDT This route can be happenHello everyone
Cake is one of the most powerful token of defi exchange that can be have a campaign with Dydx in future
According to the chart and to the trend of market , you can see the market is moving to have some correction and need to recovery itself then its ready to continue the route as the trend wanna go .
This route that we can drwan on chart it can be the movement of the price to re-test again the support zone in the bottom (Blue box) and until the price is not broken the second key point level the trend is moving in downward and when this key point is broken the trend can be change to the upward.
If you wanna take position and buy or sell, check the chart with your own analysis and use your own strategy
Previous analysis :
Good Luck
Abtin
Cakeusdt
cakeusdt long positionPancake Swap has come to this day due to its stupid policies because this amount of tokens with this high profit of steak tanks has really increased the $ 40 currency to $ 6, but it seems that it is reforming its policy and reducing the profit of steak tanks. Has created the futures trading section inside an exchange office and it also burns tokens on a monthly basis. This can be a good entry point.
Trading Signal For CAKEUSDT PancakeSwapTrading Setup:
There is a Trading Signal to Buy in CAKEUSDT PancakeSwap.
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 5.75
⭕️SL @ 5.20
🔵TP1 @ 7.60
🔵TP2 @ 9.80
🔵TP3 @ 13.30
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
Pancake Swap (CAKEUSDT) TA: 22.2.27It has lost significant support and is declining in the downtrend channel. If the support is broken, $ 5 can fall to the bottom of the channel.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 27.Feb.22
⚠️(DYOR)
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CAKEUSDT (PancakeSwap CAKE) 18-2-22 to 17-3-22 Midhigher RangeCake/usdt midhigher timeframe range, This range is fairly new and it formed a new bottom than backed up. as the range is new with a new bottom price can be pushed from these zones to a retrace point but that depends if market see's money coming into alts and peoples shows their to their ol cake. their are no logical profitable intraday setup showed up yet until march 16 2022. but this range did provided 2 swing positions.
cake just woke upBroke through diagonal resistance with low volume, showing very little sell volume is there, if buy side continues, we are likely to start upside targets near 200ma and up to $17
keep staking!!!
#CAKE Massive Breakout coming ?Cake Testing trendline resistance and trading at the same zone from which it gets launched in Feb 2021. Its good to buy some Cake for long term hold considering its the significant part of bsc chain.
Hold Period - 3 to 6 months
Targets - 7.1 - 8.5 - 9.8 - 12 - 15
CAKEUSDT: SHORT OPPORTUNITY AHEAD, BEARISH BIAS STILL PREVAILS?Hello CryptoTrading Enthusiast! Help the Channel Growth by smashing the FOLLOW and LIKES Button, then Share your opinion on the Comment Section below :)
CAKEUSDT retested the trendline and created an impulsive rejection. The stochastic pointed down in the neutral area that could be an indication of bearish bias for Pancake Swap ahead.
*Now We put all the explaination on the chart* Enjoy!
*DISCLAIMER:
This isn't a recommendation to buy or sell cryptocurrency, only an Outlook from technical perspective.
*FOLLOW FOR MORE CONTENTS AND UPDATES*
Trading Signal For CAKEUSDT PancakeSwapTrading Signal:
There is a Trading Signal to Buy in CAKEUSDT PancakeSwap
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 6.45
⭕️SL: Close below 5.90
🔵TP1 @ 8.30
🔵TP2 @ 10.20
🔵TP3 @ 13.50
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .