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Cakeusdt

CAKEUSD - Pullback after the rallyLooking at the CAKE/USDT chart, the price is currently undergoing a corrective move following its significant upward surge that reached around 3.40. The orange box around the 2.20 level represents a strong support zone that could act as a base for the next leg up. This correction appears healthy and natural after such a strong rally, allowing the market to reset before potentially resuming its upward trajectory. Once this pullback completes around the support area, we might see renewed buying interest that could propel CAKE to new highs, continuing the established uptrend. The previous price action and market structure suggest this support zone could provide a solid foundation for buyers to step in.
Long
by financialflagship
HOOKUSDT UPDATEHOOKUSDT is a cryptocurrency trading at $0.2285. Its target price is $0.4000, indicating a potential 120%+ gain. The pattern is a Bullish Falling Wedge, a reversal pattern signaling a trend change. This pattern suggests the downward trend may be ending. A breakout from the wedge could lead to a strong upward move. The Bullish Falling Wedge is a positive signal, indicating a potential price surge. Investors are optimistic about HOOKUSDT's future performance.
Long
by CryptoWithJames
1
CAKE Ready for a Breakout? Cup & Handle Pattern in Play!Analysis: #CAKE is in a strong uptrend and is currently forming a cup and handle pattern on the 30-minute timeframe. This is a classic bullish continuation pattern, signaling a potential breakout. Key Observations: 🔹 Higher Highs (HH) & Higher Lows (HL) indicate a healthy uptrend. 🔹 Bearish divergence spotted—indicating a possible retracement. 🔹 If support breaks, we may see a trend reversal. 🔹 If the handle completes and #CAKE breaks out, it could be an ideal buying opportunity. Strategy: 🔹 Wait for breakout confirmation above the cup resistance. 🔹 Entry: On breakout with volume. 🔹 Stop Loss: Below recent HL. 🔹 Target: Measure the depth of the cup for a price target. Final Thoughts: This setup has high potential, but always use proper risk management. What’s your take on #CAKE? Will it break out or break down? Comment below!
Long
by mudusir
3
IDEXUSDT UPDATEIDEXUSDT is a cryptocurrency trading at $0.04942. Its target price is $0.08000, indicating a potential 60%+ gain. The pattern is a Bullish Falling Wedge, a reversal pattern signaling a trend change. This pattern suggests the downward trend may be ending. A breakout from the wedge could lead to a strong upward move. The Bullish Falling Wedge is a positive signal, indicating a potential price surge. Investors are optimistic about IDEXUSDT's future performance. The current price may be a buying opportunity. Reaching the target price would result in significant returns. IDEXUSDT is poised for a potential breakout and substantial gains.
Long
by CryptoWithJames
CAKEUSDT Falling Pattern Setup with 100%-150% Potential Gains CAKEUSDT has recently formed a Falling Pattern, a chart formation that typically signals a period of consolidation or potential reversal. This pattern is often seen in markets that are in the process of finding a bottom before making a sharp upward move. For CAKEUSDT, the pattern is accompanied by good volume, which indicates that there is solid market interest and a buildup of potential for a breakout. With a projected gain range of 100% to 150% or more, traders are watching this pair closely, hoping to capitalize on what could be a significant upward move once the price breaks out of the pattern's resistance. The Falling Pattern typically shows a series of lower highs and lower lows, followed by a potential breakout when the price moves through the key resistance level. The increasing volume during this phase suggests that buyers are starting to take control, positioning themselves for a potential rally. Investors are growing more interested in CAKEUSDT as it shows signs of bottoming out and setting up for an explosive upward movement. If this pattern follows through, traders could see substantial returns as the price looks to reclaim its previous highs. As with all chart patterns, the success of the Falling Pattern in CAKEUSDT depends on several factors, including broader market conditions and the overall sentiment in the crypto space. However, the good volume backing this pattern suggests a higher likelihood of a strong reversal. If CAKEUSDT can break above the resistance formed by the Falling Pattern, the next phase could be a sharp rally, potentially pushing the price higher and providing traders with significant profit opportunities. Traders should remain cautious and monitor key support and resistance levels to make informed decisions as the price action unfolds. If the market continues to favor bullish momentum, CAKEUSDT could experience a strong breakout that leads to notable gains. Given the current technical setup and investor interest, this pair could be one to watch closely in the coming days or weeks for those looking to capitalize on the next big move.
Long
by Alpha-GoldFX
#PancakeSwap #CAKE LONG TERM TARGETS IN 2025Based on the CAKE token’s chart, it can be observed that its price movements are quite channeled and orderly. In November, it broke out of its channel, and recently it has pulled back again to the channel’s upper boundary. Considering the price movement model from October 2023 to February 2025, it appears that its corrective structure has likely come to an end, and we can anticipate price growth throughout 2025. TARGETS: 1- 7.5$ 2- 10.5$ 3- 20$ 4- 27$ STOPLOSS: 0.95
CRYPTO:CAKEUSDLong
by KhaniTechnical
CAKE’s Last Stand? Major Support from 2020 HoldsCAKE just bounced off a long-term support level dating back to 2020, and the RSI is flashing a subtle bullish divergence—suggesting this could be the final dip before a reversal. Historically, CAKE has moved in sync with BNB, and with the broader market heating up, this could be a prime setup for a massive upside move. If momentum kicks in, we could be looking at a potential 10x rally from here. However, bulls need to defend this zone; a daily close below $1 would invalidate this setup and signal deeper downside risk. Keep an eye on volume and market sentiment—if we see strength building, this could be the beginning of a major comeback for CAKE.
BINANCE:CAKEUSDLong
by srmustafabas
CAKE picking up from the dustNot much to say here, want to highlight two points. Price is being attracted to huge FGV areas created by panic sell-offs, the second, massive sell orders at 1,2usd indicate overleveraged positions were closed by margin calls removing possible sell-offs later at higher prices. Cake fell much more than other coins, hope we can pickup soon as the platform is one of the best if not the best defi in my honest opinion. Idea will be invalidated at strong 2usd price pushback.
Long
by Suhulo
Cake supply/demand zones with volumeCake touched the nearest demand zone and bounced back as BTC sell-off was intensive but short. Might be re-visiting this zone and even lover to 1.664. All depends on the general market condition and mood. The altcoin season is slowly approaching. This time it takes BTC dominance to climb higher much longer due to competitors among alts and general world economy condition. During alt season might be surprisingly outperforming competitors but it will not last long. This coin is still not made for long-term holding rather for short-term trading. Lower highs and higher lows are narrowing the corridor for upside breakout with strong potential.
by Suhulo
Cake 70% profitFrom the data provided, CAKE's price has shown significant volatility. Starting around 2.027 in January, it surged to 3, indicating a strong bullish trend 🚀. However, it later corrected to around 2.110, suggesting a potential support level 📉. The signals in the chart hint at a possible buying opportunity at support levels, especially if the price holds above 2.110 🛑. If it drops below this level, it might indicate a continued downward trend 📊. Given the high volatility, traders should exercise caution and use risk management tools like stop-loss orders 🛡️. Staying updated with market news and developments can also aid in making informed trading decisions 📰💡.
Long
by ahmadarz
Where would CAKE go?Since 2023, CAKE's lowest price has been $1.050. Entering the bull market, CAKE is in a bullish trend when viewed on a daily timeframe. However, some imbalances and demand areas need to be cleared before CAKE continues its bullish trend. There are a few scenarios: CAKE will take out demand in the $1.908 - $2.022 area and continue its rally CAKE closes the imbalance and sweeps the demand area at $1.577 - $1.770 to resume its rally Bullish failure if price drops past $1.050 Of course, if the higher low at $1.552 is broken, the next support is $1.20. Disclaimer: This is not a financial advice.
by tomgre
3
CAKE-USDT 4h chart ?Hello everyone, let's look at the 4H CAKE to USDT chart, in this situation we can see how the price is moving in the local upward trend channel, we are again heading towards the upper border of the channel, which with a slight rebound may result in an attempt to exit the current channel at the top. In such a situation, it is worth moving on to defining goals for the near future that the price must face: T1 = $2,698 T2 = $2,765 T3 = $2,964 Now let's move on to the stop-loss in case the market continues to decline: SL1 = $2,622 SL2 = $2.56 SL3 = $2,453 SL4 = $2,281
by cryptodailyuk
1