$CAKE on breakout!Like all other alt coins, $Cake seems to be on the breakout and it has formed the inverse head & shoulders pattern. Just a simple neckline shows us it will be retracing back to $33 zone where it held strong before the "manipulation" happened. It has also broken above the EMA ribbon which is another bullish sign.
(based on 4 hour chart)
You may put in a long position here if you like.
Disclaimer: THIS IS NOT FINANCIAL ADVISE :)
Like this post if you want more of similar content, cheers!
Cakeusdt
CAKEUSDT, Possible tasty long!Looks like CAKEUSDT is at a nice point for a long entry!
Timeframe - h12
I have labeled in red the biggest spikes on the VPVR indicator. The POC is $27.201.
We are currently about 53% away from the POC, and about 108% away from the highest VPVR spike.
Stochastics have room to rise
We are re-entering my EMA band right around the .236 fib level.
I generally use fib levels to help make my entry/TP/exit points.
Don't forget to take profit! Pay yourself!
I love you all,
Sangbagner
$CAKEUSD needs a push through $20Simply put, price needs a push through $20 if we want the move to continue. The correction from highs was steep enough for me to think this new range base can round out and give nice support for a move a move back into the 20s/30s.
$CAKEUSDT - Wait for a breakout and go longHello everyone!
There is a good potential for CAKE to jump towards 24 upon a breakout of the dynamic resistance.
It might also drop to $15.5 before another attempt of breaking the resistance, hence place a SL below that level.
CAKEUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price was able to get out of its channel and start moving upwards. If it can not break the resistance in front of it, it can be supported until the green line, and if it breaks the resistance, it can have a good jump, and also the pattern of the head and shoulders of the floor can be seen.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
⚠️CAKE/USDT Is About to Launch Its Rocket 🚀📈 CAKE/USDT | Potential Upward Movement
💡 Buy Limit Order @ 17.097
🎯 Target Profit 22.051
🛑 Stop Loss 15.742
❌ Do not risk more than 1% of your account on each trade
Description:
The price failed to probe below the 15 USDT mark and posted a head and shoulders signaling a potential of a reversal. As well, we have a smaller head and shoulders where the price might bounce at its neckline and then a move upward toward the target profit.
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CAKE USDT -- Scalping Pump Hi Trader's >> We Have Today Full Explain For Scalping Move For " CAKE/USDT "
We Waiting For Break Out The Trend Line To Enter Long Trade ..
Cake Price action For Long/BuyCake is a new cryptocurrency and possibly will give you a return bcoz of its market cap. it a good time to buy a cake for the long term.
Cake Price action For Long/Buy
CAKE / USDT Recently Added Coin on BinanceCoin for local work, breakout entry or pullback after a downtrend breakout. Group 3.
It is worth adding that the usual practice is used, the price on low-liquid exchanges is accelerated by burning money and the Binance exchange is added at the very top of the pump. The maximum price on the market was $ 18.9. Now there is a pullback and the price is $ 10.9. But the humor is that tradeview doesn't show charts for small exchanges. On them, the price was 14 times lower recently than the price now at the "bottom" of the Binance exchange. There are a lot of inexperienced traders on the Binance exchange who will buy "at the bottom", therefore, you can make money on this.
When large market participants drop their positions, for this you need to generate a wave and interest from speculators and investors, you can make money on this. An example of such coins that gave hundreds of percent and were added to Binance at more than 10 times the price when listed. For example, here is this coin, for which I made a trading idea for which the profit was more than + 700% at the moment. And for manipulators 267X!!!
+ 735% since the publication of my trading idea, and for "conspirators" ( manipulators+Binance ) more than 296X !!!
The price is still in an uptrend.
CAKE - Important accumulation zone before being bullishThe price is trapped inside the 20 and 50 averages, this zone must be broken to confirm the trend (bullish or bearish).
Basically we continue with the same idea presented previously.
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER. You invited to share your vision in the comments. Thank you
Still believing to the Moon 'Pancake'Wait next pullback to sniper entry,
its okey for who using spot trading still around my second entry
CAKE - Precise as a Swiss watchWe need to break the bearish channel and the resistance zone to be able to go bullish.
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER. You invited to share your vision in the comments. Thank you
CAKEUSDT - ABC correction to 16$ before another bull runwith cake breaking current trend support i expect it to go all the way down to 16$ before another bull run. Probably gonna take some profit after hitting B and rebuy once the correction is completed.
