CAKEUSDT: ANOTHER SHORT OPPORTUNITY ON PANCAKE SWAP?Hello Enthusiast Coin Traders! Here's medium-term outlook for CAKEUSDT , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
CAKEUSDT broke out of the Rising Wedge pattern. Rising Wedge Pattern indicates a potential bearish movement ahead. The MACD indicator is crossing down below the zero level, it signify the potential bearish bias ahead.
The roadmap will be invalid after exceeding the resistance/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the cryptocurrency
Cakeusdt
CAKE - Watch For This Reversal!CAKE is showing us some really clear price action and we are approaching a significant level where we are expecting a reversal. We've seen that we previously had a triple bottom from the structure level indicating that It holds a lot of weight.
Trade Idea:
- Watch for price to come back to the structure level ($10 level)
- Once price shows bullish pressure, enter with stops below the structure level
- Targets: 17 - 26 - 44
We may get an early breakout and if we do, enter with stops below the recent lows.
CAKEUSDT:RISING WEDGE, CONFIRMATION OF SHORT OPPORTUNITY?Hello Enthusiast Coin Traders! Here's medium-term outlook for CAKEUSDT , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
CAKEUSDT broke out of the Rising Wedge pattern. Rising Wedge Pattern indicates a potential bearish movement ahead. The MACD indicator is crossing down below the zero level, it signify the potential bearish bias ahead.
The roadmap will be invalid after exceeding the resistance/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the cryptocurrency
Sell me your sub $15 CAKE and leave crypto alone!BINANCE:CAKEUSDT
$CAKE is currently trading in an accumulation zone.
Breakout once seller exhaustion happens circa Jan 2022.
Flips red line to support for new ATH at $100+.
PancakeSwap is #3 DEX by Volume trading at a discount.
>70% APY with AutoCAKE staking.
Say less!
CAKE idea 22/11/21Alrededor de 14,38 se encuentra el 0,78 de fibo correspondiente al último canal alcista que tuvo de 11,20 a 26; en esa zona el perfil de volumen muestra un buen nivel
La perdida del 0,78 supondría más bajada, sí rebota desde aquí espero una corrida alcista similar a la de abril-mayo, ambos patrones están copiados en la gráfica para la estimación.
A la espera de que el OBV de señal de compra.
CAKEUSDT daily outlookMy view about CAKE:
1. CAKE is moving on bullish trend
2. CAKE have a potential forming Bullish Flag Pattern
3. CAKE price is on support
4. CAKE is on wave 4 rn, and should be going to wave 5 (elliott waves)
My strategy: BUY!
1. if you agresive trader, and want to buy now, its okay. But, manage your own risk. if the price going breakdown
2. if you konservatif trader, buy after breakout.
hope CAKE can be a profit.
cheers,
-NFA-
CAKEUSDT , We should sell now because ...Hello everybody
According to the chart we shown it , we are in downward trend and we had fall down price suddenly but the momentum of the movement is becoming weak to fall more and more , we had breakwave and now its seem the correction of the break wave is done and ready to retest again the bottom that made .
CAKE is one of the most powerful token in DeFi base , and use BSC and BNB for trading , Do you know what does it mean ????
Dont forget use stop loss and observe money management
Good Luck
Abtin
cake usdt daily a long shadow on 15 to 14 $ could be a sign of the end of downtrend . it must be happen in next week . after that i expect a simple 5 Elliot wave with written targets. blue colored channel is an important dynamic trend. trade with money management and your own understanding of market .
#CAKE will moon soon | #PancakeSwapHello Padawans,
first of all, do not take this as a piece of financial advice.
The cake is a token that is built on #BinanceSmartchain, and the cake token is based on #PancakeSwap.
PancakeSwap is the main swap for BSC.
Now they have so many fascinating functions in Pancakeswap.
A Swap
A Pool
A Farm
A Launchpad and so on.
TA about the cake you can see as the image I have shared.
Let's watch what will happen next to the cake.
Cheers.
May the force be with you.
PancakeSwap (CAKE) - November 18Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(CAKEUSD 1W Chart) - Mid-Long-Term Perspective
Above the 9.0760290 point: the uptrend expected to continue
Above 15.1757179 point: Expected to create a new wave.
(1D chart)
It must move above the 19.0812658 point to turn into an uptrend.
If the price is maintained above the 15.1757179-16.1961041 range, a move is expected to move upwards above the 19.0812658 point.
If it deviates from the downtrend line, it is expected to rise.
First resistance section: 19.0812658-20.0044522
Second resistance section: 29.5050311-32.1525450
First support section: 15.1757179-16.1961041
Second support section: 9.0760290-10.8786252
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(CAKEBTC 1W chart)
Above 0.0001652 point: expected to continue uptrend
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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.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
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 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.)
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CAKE/USDT Symmetrical triangle. The price is at its resistance.The area of level 18 has become a support zone. There is a local accumulation in this zone under the very important trend resistance (red). Symmetrical triangle with a base of 350%. Also do not forget about false breakdowns. The price is at its resistance. Working with this triangle resistance (resistance to the main trend).
PancakeSwap (CAKE) coinmarketcap: PancakeSwap (CAKE)