Cakeusdt
PancakeSwap After orange box breaking I expect first red box
( supply zone and top of blue channel)
Second red box is long term target and
according to the market situation It should be check.
Because of Bitcoin fluctuation,
If we lost 16/4 $ by 4 H candle I will leave out of the position
and I will buy more in green box,
thats a powerful demand zone
cake bullish break above resistance 3rd time and holding- cake breaking resistance for 3rd time, showing significant bullish momentum
- this is also supported with on chain analysis-
- TVL at 79.31 %
- top 3 wallet holding cake liquidity providers currently at 23.27 mill cake, couple days ago at 24.76, so with increasing supply price going up shows demand is there and charts are pointing to this------ BULLISH!!!!
- make sure to stake directly on pancakeswap- this will reduce the chance of exchanges making commision and selling down! therefore we'll see much higher prices sooner!!
CAKEUSDT making a bullish breakout* Cake in Daily time frame appears with Descending triangle, with it's resistance as above trendline and the support zone around $17.
* Descending triangle is considered to be either trend continuation or trend reversal pattern depend on the breakout.
* If CAKEUSDT breaks it's above resistance, we can expect bullish momentum.
* Price is bearish below support.
PancakeSwap (CAKE)Hi everyone,
This is my description:
Purple Lines: Support & Resistance (for a week) “VERY IMPORTANT”
Blue Lines: Support & Resistance (for a day) “IMPORTANT”
Orange Lines: Support & Resistance (for a 4H)
Thanks for your attention.
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Cake Bullishbreak major trending line. break the minor trend line. retest several times supply zone 17$ and rejected.
CAKEUSDT Technical Analysis⏳ Spot
💎 CAKEUSDT has broken above a significant resistance, I t has also broken above the wedge pattern, After the retest and Pullback we expect that it goes higher.
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 18.88 - 19.41
☕️ TP1 21.12
🍺 TP2 22.87
🍻 TP3 24.57
🍾 TP4 26.50
🍷 TP5 28.00
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 17.50
Good Luck 🎲
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Cake prepare to Buy. CAKEUSDTHello my friends , Everything is clear on the chart for you like always. The price broke the trend line so after pullback you can buy it or wait to breakout the resistance zone to a safe buy. So monitor that. Good luck .
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Pancake break out Cake has been accumulating for some time, now it looks like it broke out of a symmetrical triangle towards the upside. The 200ma is the last resistance, then 0.5 fibonacci at 27$ then 31$ then 45$ then 53$. Moreover considering how well BNB is doing I am waiting for Cake to follow