Cakeusdt
cakeusd cakeusdt potential 260 %As you can see on the chart, we may be entering a long bullish phase on the cake.
A swing trade is possible here, wait for a retracement and enter with a stop loss.
The cake has consolidated in its box and made some fake outs, it is time for it to come out or return to the bottom of its accumulation range.
scalp dot rune hedge luna avalanche egldThis is the chart I've been following, usually with this strategy i go on the smaller time frames to look for what is not respecting BTC's trend for retracements after a new candle move. if a crypto maintains it's strength as BTC goes negative its a high chance that it will break out. from the pack. overall dot rune and cake look like they're making good movement towards the upside. so setting stop limit buys above large resistance can be very lucrative in this volatile time.
the OBV is very low (sub 100k) which in all likelihood could show a very valuable time to buy.. but being negative it's still speculative whether this is a bull trap or an accumulation phase.
Luna has been on a skyrocket towards the upside for sometime but has some worrying liquidation in the 60s and its very volatile I wouldn't suggest high or even moderate amounts of margin calls as compared to stable coins like Ethereum and BTC.
personally im interested in pancake swap during this uptrend as people may be more inclined to look for arbitrages from liquidity pools and with binances cake/usdt using only 0.00 trading mediums it has a lot of strength in the orderbook so smaller % scalps can be easier to obtain.
whatever happens on the NYSE open I'm happy if other people use multiple chart comparison strategies it feels better to know what's over/undervalued compared to the current market.
CAKE/USDT Bullish Bat FormationCAKE/USDT has completed a bullish bat pattern and is now trading in the strong demand zone. There is a high chance that it will reverse from here. And Risk to Reward Ratio is pretty awesome at this level. So, it's definitely worth a try.
Thanks,
Best Regards,
Trade Like Pros.
CAKEUSDT-SHORTBased on technical factors there is a short position in CAKEUSDT Cake
CAKEUSDT Cake
Score 2️⃣
🔴Short Now or set on Key Level 11.25
🟢Target 1 10.60
🟢Target 2 9.65
❌Stop loss 11.60
#K_Level
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CAKECAKE
CAKE is also after huge and health correction. Price is in the small
yellow acummulation rectangle. If the CAKE want be able to do something - he should react on market at the current moment. So going up soon.
If CAKE and market fail we will see CAKE back in the green support.
But looks bullish.
LBL_CZ
FIL VS CAKE ( both have a same trend !!!!! )According to the FIL charts it is obvious that the FIL is on the 3rd wave of correction Elliot.
as soon as the 3rd wave finish, Elliot impulse waves might begin, beside CAKE have a exactly chart, I wonder to myself how is that possible!!!
if anyone have a guess it would be appreciated to share with me and the others. however I'm very bullish for both of them.
CAKE/BTCEverything is ready for a great pump
The long downtrend line in the daily time frame is ready to break due to the compaction of the candles below the trend line .
Also, the price in the Fibonacci area is 1.618, which can push the price up from this area.
The rsi downtrend line is also ready to break.
In case of breaking the daily trend lines and rsi , the price target could be the 0.5 Fibonacci retracement zone.
Trading Signal For CAKEUSDT PancakeSwapTrading Signal:
A Trading Signal is seen in the CAKEUSDT PancakeSwap
Traders can open their Buy Trades NOW
Rank : ⭐️
⬆️Buy now or Buy on 11.25
⭕️SL: close below 10.80
🔵TP1 @ 12.90
🔵TP2 @ 14.10
🔵TP3 @ 17.25
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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.