Cakeusdt
ASCENDING TRIANGLE CAKE/USDTHello guys, there is an ascending triangle in cake/usdt 15 min. If the price breaks the resistence of 14.063 we have to be alert and enter with this parameters:
OPEN PRICE: 14.175 (YOU CAN PUT A BUY STOP ORDER)
TP: 14.806
ST: 13.752
RATIO: 1.5
I will publish the result in a few hours. lets do this guys
WTCUSDT, XLMUSDT , BELUSDT , CAKEUSDT All Might Go Up
Welcome back Traders, Investors, and Community!
Hi Traders, WTCUSDT on H4 has formed a large Green candle right below the Resistance, if we get a breakout above the Resistance, after the retest there is high chance of for continuation to 0.91 and 1.17
XLMUSDT on H4 seems that it has gotten the last Rejection from the Support line of the channel and despite of having multiple rejections from the Resistance line of the channel the bears don’t have enough power to pull the price lower. If the breakout happens there is high chance that the price goes up to 0.340
BELUSDT on H4 has been making HHs and HLs, if we get a breakout above the Resistance there would be chance that the price goes high up to 1.39
CAKEUSDT on H4 has been making HHs and HLs, we have a breakout above the Resistance there is high chance that the price goes high up to 14.90
We will have more FREE forecasts in TradingView soon
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Have a Profitable Day
CAKEUSDT --> it NEEDS to break this trend line!Cake is desperately trying to break this trendline, it needs to break it to go higher, its failed it many times now. Its a bearish pattern of sequential lower highs that is starting to squeeze price.
$9.5 is major support, $8.3 is the last line of defense.
BTC revisiting 28.8k and going lower may very well break CAKE's back and most of the ALTcoin market :(
I see a descending triangle pattern but technically I don't think it meets the criteria, as most ALTs do CAKE is roughly following BTC price action, most alts look similar so we cant take much significance in ALT charts unless major divergence is shown.
CAKE/USDT Ready for $60 mean 300% from here..?#CAKE/USDT TA Update:
$CAKE looking good at this level.
Yesterday Dumped and Instant recovered.
So I am bullish on $CAKE
Entry:- $11-$13.35
Targets:- $21.50/$27.40/$42/$60
SL:- If candle close below $10.50
Waiting for Breakout.
If break out $16 then Super Bullish.
Support:- $11
Resistance:- $21/$27/$42
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CAKE/USDT : HOW IS IT GOING?Hello fellow traders,
been a while since i did one of these... heres a chart for pancake swap.. i did one some time back & this is just an update if the same chart(see related idea)
if you want to buy more, i suggest you wait till it reaches the second green box so that you can buy more. it seems more like a support zone but NFA.
im long coz btc about to do smthn
Good Luck