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CAKE / TetherUS PERPETUAL CONTRACT

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CAKEUSDT.P trade ideas

Cake is in king's hands!correlation of cake and bnb with btc is major thing here. so their future is in king's hands. if btc goes bearish cake target is 10.9 but if btc recover and goes bullish cake target is 16. i think btc bearish movement is a stronger scenario beacuse if you watch btc monthly timeframe then this is a time for some correction! we have to wait and if we see a green candle for btc then cake is gonna rise. i think now cake price is still good for cake holders and stakers.
by hasanb1986
CAKEUSDT: ANOTHER SHORT OPPORTUNITY ON PANCAKE SWAP?Hello Enthusiast Coin Traders! Here's medium-term outlook for CAKEUSDT , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) CAKEUSDT broke out of the Rising Wedge pattern. Rising Wedge Pattern indicates a potential bearish movement ahead. The MACD indicator is crossing down below the zero level, it signify the potential bearish bias ahead. The roadmap will be invalid after exceeding the resistance/target area. DISCLAIMER: This is only an outlook, not a recommedation to buy or sell the cryptocurrency
Short
by financialfreedomgoals101
10
CAKE - Watch For This Reversal!CAKE is showing us some really clear price action and we are approaching a significant level where we are expecting a reversal. We've seen that we previously had a triple bottom from the structure level indicating that It holds a lot of weight. Trade Idea: - Watch for price to come back to the structure level ($10 level) - Once price shows bullish pressure, enter with stops below the structure level - Targets: 17 - 26 - 44 We may get an early breakout and if we do, enter with stops below the recent lows.
by Altsignals
3
CAKEUSDT:RISING WEDGE, CONFIRMATION OF SHORT OPPORTUNITY?Hello Enthusiast Coin Traders! Here's medium-term outlook for CAKEUSDT , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) CAKEUSDT broke out of the Rising Wedge pattern. Rising Wedge Pattern indicates a potential bearish movement ahead. The MACD indicator is crossing down below the zero level, it signify the potential bearish bias ahead. The roadmap will be invalid after exceeding the resistance/target area. DISCLAIMER: This is only an outlook, not a recommedation to buy or sell the cryptocurrency
Short
by financialfreedomgoals101
11