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CAKE / TetherUS PERPETUAL CONTRACT

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CAKEUSDT.P trade ideas

Long Position - 4 hourHi friends, In this analysis, a trading setup based on price action is given. The analysis is completely based on technical analysis and no fundamental information and macroeconomics are included in this analysis, so it is critical to putting the stop loss. In other words, the analysis may fail due to the general market conditions or the bad crypto news or excitement of the market. Warning 1: Maximum suggested leverage = 2 Warning 2: In an side market, trades can usually fail. Warning 3: The approach of the new year can increase the excitement in trading. Warning 4: It is not a financial advise and it is only my personal opinion. I wish good profits for everyone Setup Specifications: EP: 11.84 TP: 14.68 SL: 11.43 R3: 6.93
Long
by M2it2M
CAKEUSDT created a W CAKEUSDT created a W below the weekly resistance. The price could retest the W's neckline before a new bullish impulse. According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure.
Long
by InkyGrip
2
PANCAKESWAP $45 Price Target Hello guys, Here we have CAKE in a huge Triangle formation. Usually when we have cryptos doing this type of formations in larger timeframes when there is a breakout of the formation it tends to be valid. I'm looking for CAKE to reach the last price of the ATH which is $45. After that ATH is broken I'm looking for a psychological price target of $100 long term. This coin is a great one to HODL because of the high APY you get for staking them. Any questions or opinions feel free to share them :)
Long
by Sesro208
8
CAKE - Who Wants A Piece?Hello everyone, if you like the idea, do not forget to support with a like and follow. CAKE is sitting around a strong support zone in green and round number 10.0 so we will be looking for buy setups. on DAILY: CAKE is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, CAKE would be overall bearish can still trade lower till the lower green support before going up. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
18