CAKE/USDT is near to breakout 📈✅✅✅Hi guys I am Mohammad 😎
CAKE is near to breakout and everything we need is on chart
Thanks all
Thanks for sharing
CAKEUSDT.P trade ideas
CAKE head up to $35#CAKEUSDT
$CAKE broke out from descending resistance and confirmed it as support.
also price is above long term support zone and head up toward resistance zone between 0.5 and 0.618 fib of correction wave.
as trend lines and fib levels show, break out from this resistance zone will lead price toward 1.618 and 2 fib levels around $32 and $35.
CAKEUSDT CAKE is honoring the trendline support for quite a long time and now retesting again. There is also horizontal support there. So we can expect an upward move if there is some hint for bulls. Upside we can expect a target of 21 in short term. Good luck.
cake upriseit can go up to 33 this round
simple moving average 100 above simple moving average 200 / out of triangle.
low risk at 18.3
CAKE/USDT Ready to Half Century ( $50 )#CAKE/USDT TA Update:-
$CAKE currently broke our resistance and Converted into Bullish zone.
Best Entry : $18.50-$19.90
Targets:- $26.72/$43/$80
Stop Loss:- $17.20
Support:- $18.70
Resistance:- $26.72/$43.20
CAKE LONG BRAKE TRIANGLECAKE brake triangle and maybe go long.
BUY POSITION 18,40$ - 18.80$
TAKE PROFIT 1 - 26.00$
TAKE PROFIT 2 - 30$ - 31$
TAKE PROFIT 3 - 36$
in my opinion the best option is to sell half (50%) of your CAKE on TP 1, 30% on TP 2 and 20% on TP 3
cake usdtfinally brake out the Triangle It can grow a lot
In the previous analysis for Android and iOS users There was no chart :(
good luck :)
Prepping to eat some juicy cake.Price being squeezed into a triangle here.
I think we tap the support at just below $18 where we've wicked from multiple times recently.
a break of the descending trend and the triangle is sure to take us to $25.
Golden ratio fib zone coincides with the support level
The ((CAKE)) is still fresh, pick your pieceThe uptrend has just begun, but a return to the level will happen. But there is still chance for profit. good luck
CAKE about to breakout and on to $36 (PANCAKE) $50 EOYCAKE has been under consolidation slowly absorbing all the sellers and losing weak hands without losing any key levels since its fall in may and recovered very nicely.
Once clears $20 and sits above $22 it will become a very good support moving forward
Target-1 $25
Target-2 $36
Final Target by end of Yr $46-$50
Looks like we have seen this beforeIf this plays out like it did before we could see at least a 65% pump to at least $32. Having looked back at the previous pump that started back on July 21st, we can see some eerily similar patterns that are happening now compared to then. You can also see that we are in an upward trend after breaking out of the daily bull pennant.
CAKE/USDT Daily Support and Resistance Zones Targets 10/29/21CAKE is in Range, forming a bullish pennant in daily timeframe, while all coins are in Bullish mode this last days, CAKE didnt do any significate movements.
Support and Resistance Zones marked in RED/GREEN Boxes
% calculated to every zone.
Be aware this is a daily time frame analysis, medium term trade.
My entry is at 18.04 USD
SL at 16.90, and moved to entry price after 10% up.
Will update as the trade happens.
Trade Safe.
Regards.
P.D: Remember that BTC dictates the market.
💡CAKE\USDT ,,,,, spot Targets
TP for scalp :
TP1: 21.60$
TP2: 24.85$
TP3: 28.10$
,,,,,for midrange and long term from 2 weeks to 3 months:
TP1: 33.00$⌛
TP2: 38.75$⌛
TP3: 49.50$⌛
TP4: 56.00$⌛
How Cake(PancakeSwap) is looking? Hello everyone!
As you can see on the chart while ago bull flag was created, after the break cake went sideways,as most of the altcoins did. Even it bounced from 17.5 levels to form double bottom scenerio, but this scenerio to be valid price needs to break(at least 1 daily close) 20.5 level(which is also 0.618 level). The target of bull flag is orange line, fibonacci 1.618 also states similar level 35-36.
If you want some coin to be analyzed by me, please write in the comments.
Have a nice one!
CAKEUSDT is testing the weekly support.CAKEUSDT is testing the weekly support. If the price is going to have a breakout from the daily resistance and turn into new support, According to Plancton's strategy (check our Academy ), we can set a nice order
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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.
Buy some Cake, Nov 8CAKEUSDT downward trend is broken
I expect another Higher High somewhere around $30
You can see all the important resistances on chart
Why Cake isn't making big moves?Cake is now stuck in a barrier triangle ending Wave e at the top of the triangle (pink lines) means a downward move before bouncing upwards.
Reasons why we aren't seeing Cake making big moves.
1. Short Wave ii
2. Extended Wave iii
3. Hidden RSI divergence
Do note there might be a possible truncated Wave v as there has already been an extended wave iii.
Not financial advice. Only meant for educational purpose. All price actions depends on BTC hence, possible invalidation of my analysis. Please trade at your own risk.
POdra CAKE seguir a BNB?Por su lado, y dada la alta correlacion que haye ntre ambas por sus fundamentals, en los proximos dias podriamos ver a CAKE cerca de los 26 usd. De no ser asi, siempre se puede tener algo en staking (?)
CAKEUSDT possible long trendHi everyone.
CakeUsdt is likely to reaches its harmonic target. it will be a good choice for long term trade after completing its pullback.
CAKE breaking out of Falling ChannelCAKEs time to shine... Breaking out of falling channel good entry would be retest
