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
Cakeusdt
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.
Buy Cake LongHere's Pancake swap idea.
What is Pancake swap?
Pancake Swap is the leading decentralized exchange on Binance Smart Chain, with the highest trading volumes in the market.
Market Cap Rank #46
All-Time High $43.96
All-Time Low $0.194441
Next Move expected with another Bull run.
My Entry Targeted Price is $9.1 with TP @$68 to $70.
Stop loss $5
Watching Pancake as a best opportunity.
$100 investment on Pancake: You'll get 10.98 coins. If we hit our target at $70 our profit will be $768.6.
Good Luck.
Cake to hit perfect buy zone at 10$Buy me a coffee :)
TSWGNLofUSSVh8qF9hCq9jETX5tU9Y5i1B (TRC20 USDT)
My idea for CAKE/USDT for the weekendI'm just a beginner chartist but I cannot ignore this double bottom pattern potentially forming.
If the red dynamic resistance line is broken with some volume (and retested) then a break above the purple neckline may be in the books, followed by a break above the last support turned resistance. If then that level is retested and it holds then we are looking forward to a move higher up. Please watch all the key levels that I circled on the chart. If you go long use proper stop losses and you may also want to take small profits on the way up at the key levels.
Remember, the bull trend has not yet been confirmed on the 4-hourly chart, we are still officially in a bear trend on the short term. We may as well see further downward movement regardless of my observations.
CAKEUSDT Will we find support @ 24.20 and where we go?Hi,
Just sharing my thoughts on CAKEUSDT possible scenario.
Timing - 17 days
Possible entry @ 24.20
TP1 - 34.50
TP2 - 42.50
CAKEUSDTCAKE has gone through a 40% pullback from its ATH. Having the chance of buying CAKE at this price again is a blessing.
Buy it now as it bounces from 0.5 fib. BTC will not mess with us, can be comfortable now.
TP and SL is indicated on the R/R indicator.
CAKEBUSD (PANCAKESWAP) - BULLISH SETUPANALYSIS 🔎
- CAKEBUSD is on a mid-term uptrend supported by the ascending trendline support.
- The market hit an all time high (ATH) and retraced.
- Price is retesting the flip horizontal support, the ascending trendline support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- The retracement is resisted by the descending trendline resistance.
- Breakout above this descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Aggressive entry : the key fibonacci retracement zone .
- Conservative entry : breakout above the descending trendline resistance.
TARGETS 🎯
- All time high (ATH) resistance.
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support and 0.786 fibonacci retracement level.
Cakeusdt Major trend line break higher low break so cake will next go to 20 or 19 then chance to go up again .
