CAKEUSDT This route can be happenHello everyone
Cake is one of the most powerful token of defi exchange that can be have a campaign with Dydx in future
According to the chart and to the trend of market , you can see the market is moving to have some correction and need to recovery itself then its ready to continue the route as the trend wanna go .
This route that we can drwan on chart it can be the movement of the price to re-test again the support zone in the bottom (Blue box) and until the price is not broken the second key point level the trend is moving in downward and when this key point is broken the trend can be change to the upward.
If you wanna take position and buy or sell, check the chart with your own analysis and use your own strategy
Previous analysis :
Good Luck
Abtin
Cakeusdtsignal
cakeusdt long positionPancake Swap has come to this day due to its stupid policies because this amount of tokens with this high profit of steak tanks has really increased the $ 40 currency to $ 6, but it seems that it is reforming its policy and reducing the profit of steak tanks. Has created the futures trading section inside an exchange office and it also burns tokens on a monthly basis. This can be a good entry point.
CAKEUSDT Analysis (GLOBAL VISION)Hello friends.
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Everything on the chart.
if the price falls below 10$ - it's very bad signal for Cake holders, then the target will be 5$ and 3$.
If we gain a foothold above 16$, then the upside potential to 40$ remains.
Good luck everyone!
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It's not financial advice.
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CAKE/USDT Bullish Bat FormationCAKE/USDT has completed a bullish bat pattern and is now trading in the strong demand zone. There is a high chance that it will reverse from here. And Risk to Reward Ratio is pretty awesome at this level. So, it's definitely worth a try.
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Best Regards,
Trade Like Pros.
CAKEUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 20 - 28 - 35
after first target reached move ur stop to breakeven
stop: ~under 12 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.
CAKEUSDT , We should sell now because ...Hello everybody
According to the chart we shown it , we are in downward trend and we had fall down price suddenly but the momentum of the movement is becoming weak to fall more and more , we had breakwave and now its seem the correction of the break wave is done and ready to retest again the bottom that made .
CAKE is one of the most powerful token in DeFi base , and use BSC and BNB for trading , Do you know what does it mean ????
Dont forget use stop loss and observe money management
Good Luck
Abtin
CAKEUSDT - Trend Breakout!!CAKEUSDT (12h Chart) Technical analysis
CAKEUSDT (12h Chart) Currently trading at $19.45
Buy level :Above $19.75
Stop loss: Below $17
TP1: $21
TP2: $23
TP3: $26
TP4: $30
Max Leverage 3x
Always keep Stop loss
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Cakeusdt is at the support level!As you can see in the 4H chart Cake is dealing with a very important support level which has been supported so many times before
I it is supported by this level it can move up at least to its downward trend line and if it could break this trend line then we could expect Cake to go up at least to the previous top
CAKEUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market
target: 26 - 30 - 35
after first target reached move ur stop to breakeven
stop: ~15.5 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions(Looking for investors!).