Discussions

CAKE forum

3 days ago

🔥 Scalping Strategy for CAKE/USD
🩸 Buy Zone: $2.55-$2.60
🩸 Sell Zone: $2.75-$2.80
🩸 Stop-Loss: Below $2.50
🩸 Breakout Targets:

Above $2.80 → Target $3.00-$3.12
Below $2.50 → Short to $2.28
🔥 Mid-Term Trend: Bullish above EMA 200, but needs volume to push higher.

🔥 FinCaesar’s Statement:
"The wise ruler moves with patience but strikes with force." 👑

5 days ago

CAKEUSD Technical Outlook: Potential Liquidity Grab Before Further Downside
CAKE is exhibiting a false breakout near a key resistance zone, which could indicate a temporary liquidity sweep before potential downside continuation. The broader altcoin market remains weak, with most assets searching for a bottom, while Bitcoin consolidates with a bearish bias toward the 91K–90K range.

From a technical perspective, CAKE’s recent move appears to be a counter-trend rally, suggesting a possible price reversal if bullish momentum fails to sustain. The critical resistance levels to watch are $2.6144 and $2.7288—a rejection from these zones could reinforce selling pressure.

Key Levels:

Resistance: $2.6144, $2.7288, $2.2964

Support: $2.420, $2.0634

A sustained break below $2.6144 could accelerate the decline toward $2.42, $2.06, and potentially $1.04 in the short to medium term. If bulls fail to hold above key levels, the prevailing bearish trend may reassert itself.

Nov 25, 2024

not listed in 7 days top growth. Neither on coingeko nor on coinmarketcap.

with aprox 40% growth in 7days it doesn't appear when selecting all crypto and sorting by 7days%.

Can anyone explain this please?

Jul 15, 2024

Buy Trend Confirmed

Jul 14, 2024

Market Coming down in lower time frame. Follow this analysis.

Jul 14, 2024

Chance to Make a Biggest Profit of (+ 1,282%) percentage. Falling wedge Pattern Breakout and reached 0.6 Fibonacci Retracement level. Now continue to Uptrend and 1st Target is the Resistance level.