Pancake (CAKE): Possible 45% Recovery Incoming?We caught a really good downward movement with you on our last publication, where price bottomed exactly where we were looking for it to bottom.
Now we are seeing a good bounce, which might lead the price to bounce another 45% from current zones.
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TradeCityPro | CAKE: Slicing Through the Market's Range Box👋 Welcome to TradeCity Pro!
Let's dive into the analysis of Bitcoin and key crypto indices, focusing today on the CAKE coin, as requested in the comments. This coin holds a market cap of $511 million, ranking 93rd on CoinMarketCap.
📅 Weekly Timeframe
In the weekly timeframe, as you can see, there's
CAKEUSDT NEXT MOVESell after bearish candle stick pattern, buy after bullish candle stick pattern....
Best bullish pattern , engulfing candle or green hammer
Best bearish pattern , engulfing candle or red shooting star
NOTE: IF YOU CAN'T SEE ANY OF TOP PATTERN IN THE ZONE DO NOT ENTER
Stop lost before pattern
R/R %1/
Long Position CAKE/USDTPancakeSwap (CAKE) has entered a critical Long Zone between $1.48 – $1.64, where price historically found strong support before a major Long rally. After a prolonged downtrend, we’re now approaching a potential reversal zone.
🔹 Long Entry Zone: $1.48 – $1.64
🔹 Potential Upside Target: $2.82+
🔹 Rati
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Curated watchlists where CAKEUSDT is featured.

Smart contracts: Make the smart decision
36 No. of Symbols
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Related pairs
Frequently Asked Questions
The current price of PancakeSwap Token / Tether USD (CAKE) is 1.600 USDT — it has fallen −0.27% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing CAKE price chart.
PancakeSwap Token / Tether USD price has risen by 5.72% over the last week, its month performance shows a 4.17% increase, and as for the last year, PancakeSwap Token / Tether USD has decreased by −44.94%. See more dynamics on CAKE price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
PancakeSwap Token / Tether USD (CAKE) reached its highest price on Jul 23, 2021 — it amounted to 500.000 USDT. Find more insights on the CAKE price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
PancakeSwap Token / Tether USD (CAKE) reached the lowest price of 0.003 USDT on Aug 2, 2022. View more PancakeSwap Token / Tether USD dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying CAKE is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade CAKE right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for PancakeSwap Token / Tether USD (CAKE): today its technical analysis shows the strong sell signal, and according to the 1 week rating CAKE shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in PancakeSwap Token / Tether USD trading ideas and keep track of what's moving crypto markets with our crypto news feed.
PancakeSwap Token / Tether USD (CAKE) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, PancakeSwap Token / Tether USD is estimated as 15.75% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about PancakeSwap Token / Tether USD, you can find more inspiration in our curated watchlists.
You can discuss PancakeSwap Token / Tether USD (CAKE) with other users in our public chats, Minds or in the comments to Ideas.