What happens when $CAKEUSD NFTs are adopted? I think we eventually rocket when public catches on to defi.
Cakeusdt
Cake to 25 $ USD?Cake is in a correction of approximately -70%, it has been in an accumulation phase since the end of May.
We can also see that it is below the 200 EMA and the volume has not increased significantly. So we need to break that 200 EMA at roughly $ 14 to see a bullish scenario.
If we assume that Bitcoin resumes its bullish path I see no doubt that Cake's next target is $ 25-$ 27.
PancakeSwap #CAKE to 31 $ ?After seeing how the target of $ 25 was perfectly met as I mentioned in my old publication, we can see again the formation of a triangle, which should break up at the end of this month, obtaining as a target $ 31 that would represent the 61.80% fibo of the May correction.
However, I believe that if the market remains bullish and we continue with the respective token burn, we will be able to see an even stronger momentum up to $ 36.86 which represents the 78.60% fibo.
Cake is undoubtedly one of my biggest bets in the remainder of the year and I hope to see it reach high prices, which I will share with you later in my next reviews.
CAKEUSDT - Place a Buy order for flash saleOK.
after big pullback of BTC we should join the market to get the profit
i don't give advices ..i 'm just sharing my opinionhello, i hope you all guys making good profits
as we saw last time it went like we expected , and i'v entered the market again on 22$ average .
Now it's possible to be a retest of its up-trend break ,so i took out my capital on 25$ and i'm continuing with the profits until it gets clearer , in case it goes down again i will look for a new enter area ..
if i see 4h candles closing above 25.200$ i'll wait a correction to reenter
in the end .. i have to keep my capital safe...
if you have another vision ,just share it in the comments..
IF YOU WANT TO SUPPORT ME JUST FOLLOW ME THAT WILL ENCOURAGE ME TO SHARE MORE IDEAS WITH YOU ..
CAKEUSDT 4 HOURHere are the support and resistances for CAKEUSD. We are in uptrend on the daily time frame as long as we are above 21.70. Next week looks super bullish for CAKEUSD.
Cake Long IdeaCake As for the falling wedge/ bullflag after 6 weeks in an uptrend. Confirm break out before entering. Targets work while using technical analysis and pattern trading. Short term, mid term and long term targets.
Cake-USDT updateCake has had a great growth from 10BUSD to 26BUSD and needs some rest, just like BNB. cake has been lost its ascending channel and is ranging between 22.1-24.3. Next growth is expected after breaking 24.5-26.5 BUSD
Cake looking solid Cake is looking solid. Volume is good and the overall
the market is also supporting the trend.
Waiting for 26.55 to break.
Targets:
29.33
32.54
35.54
CAKS USDT Short IdeaCake price is touching the lower support of the Channel. If it can break and close below on the retest we can go short with good risk reward
CAKE, a long term vision. CAKEUSDTHello my friends, A multi timeframe analysis of CAKE and a long term vision for investment. The price breakup the major resistance and usually after that will pullback to level as a retest. So If the price fixation in this area I expect price growth. You can consider it and the price actions in the circle to buy it. Good luck
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below for me
CAKE best healthy scenario the price is around a daily resistance wich is 27-28$ (at the same time near 50% fib on daily ) that means it could take a week before it falls to the support area
and its important to understand that if cake price goes up to 34-37 that would be retest of its ATH on Market cap because of its inflation (the market cap reach the ATH but the price can be at 86%of its ATH)
i took out my capital and i'm wating to buy it again at 23(30%) and 21 (70%) if the market stay bullish
and keep your eye on BTC because its the mother of all other coins
SHARE YOUR OPINION IN THE COMMENTS ...
CAKEUSDT 1day chartThe cake is currently testing the red zone area for the upward rally, once it breaks, we can see the good move up a rally in it. In case of failure of the test, the lower zones for buying points are the market. Buy the breakout of the red zone area, This will pump cake harder. Wait for the confirmation!
Note: I'm, not a financial advisor, do your own research.
CAKE-USDTAs per the data provided by DeFiLlama, PancakeSwap has retained the second spot amongst the DEX and has locked in $6.4B in its protocol.
Total Liquidity in the protocol has gained 30% in the past 1 month which lies in tandem with the current Bull rally in its native token.
The support to the lower side is present at $20 while it may face resistance at the levels of $30 and $34 moving higher.
CAKEUSDT : TP1 Reached ✅🚀 +21% ✅🚀Last Analysis of #Cakeusdt in 16.Aug.2021 : As we can see, after breaking its downward trend, the price is gathering strength to start a strong climb.
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
(DYOR)
Now : TP1 Reached ✅🚀 +21% ✅🚀
CAKE Consolidates Within Ascending Channel, Eyes Breakout to $28-CAKE has risen 27% over the last week
-Price has been stuck within an ascending channel
-50MA has held as support for a month
Pancake swap has been in a strong uptrend for nearly a month. The rest of the cryptocurrency market has been going berserk as many coins have been surpassing their all time highs. CAKE has been working its way up to its major resistance zone ever since the start of August. Compared to other coins in its class, CAKE has yet to fully breakout and experience a parabolic push. As long as BTC stays steady, CAKE should soon experience a large parabolic push back near $30.
Shown in light blue, we can see how price has respected the ascending channel extremely well over the last month. It has kept price very tight with little swings. Each time CAKE has touched either trend, it has gotten pushed to the opposite. At the time of writing, CAKE is attempting to breakout of the top trend line of its channel. Along with this top trend lies the major resistance area found at $24.56-$26.53. If Bulls manage to clear this zone along with the top trend line, we may see CAKE surge to its given targets.
Consolidation within this resistance zone is likely to occur as its one of the largest areas to break for CAKE to go parabolic. In this case it fails to hold this resistance zone, price will first find support at the bottom trend of its channel. This area is also near a major support level of $22.98. If bears push price down to this level, there will likely be some type of bounce. In addition to these two supports lie the 50MA. This MA has held price up for a month. If at any time CAKE breaks below this, expect a downtrend to occur.
While looking at the Stochastic RSI, we can see that strength is hanging out within the over bought territory. CAKE must break out of its channel soon or it will begin to lose strength. Breaking below the 80 value will likely cause a retracement to occur. The RSI has been attempting to break a downtrend line for many weeks now. For CAKE to really see some explosive growth, price must fully break this downtrend line & aim towards the overbought region.
CAKE Intraday Analysis
Spot rate: $25.33
Trend: Bullish
Volatility: High
Support: $24.56
Resistance: $26.53
CAKE/USDTCAKE/USDT - going to long, as long as I am going to hold it, I am gonna put this to the farm for staking, until trend's gonna change
CAKEUSDT: BREAKING DBW PATTERN, FAKE BREAKOUT/ CONTINUE BULLISH?Hello Traders. Here's free outlook for you! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel.
UPDATES FOR CAKEUSDT:
CAKEUSDT is breaking descending broadening wedge pattern, the momentum indicator is pointing up in the oversold area, indicating that CAKEUSDT is potentially continue moving upward.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only potential outlook, not a recommendation to buy/sell the cryptocurrency.
CAKEUSDT: DESCENDING BROADENING WEDGE, THE BULLISH OF ALTCOINS?Hello Traders, Here's a free outlook for CAKEUSDT. Don't forget to smash the LIKE, COMMENT, and FOLLOW BUTTON to support the channel.
CAKEUSDT is forming bullish continuation pattern, breaking descending broadening wedge pattern, potentially move to the resistance/target area.
The roadmap will be invalid after exceeding the support or target area.
CAKEUSDT Analysis: We are looking for new fair price.On the currency pair CAKE / USDT we see how the price leaves the current fair value around level POC 15.8
The price jumps nicely up the trend line.
In addition, the fundamentals are also positive.
The only thing that could bring the price down now is the unexpected strong fall of Bitcoin.
Management and commenting on the trade will be shared with our students again.
Happy trading wishes Team UCT.
cake has grown 65% since its entry point on 12/08cake has grown 65% since its entry point on 12/08
Completed target 1. move to target 2
Cake going for 24 and then 32We have a double bottom and a hidden divergence at 4h timeframe and a beautiful double bottom at 24$ in daily timeframe which take us to 32$
