cakeThe green lines are the support zone that should be seen if it breaks or not. In the short term, we see a resistance with the red lines.
CAKEUSDT trade ideas
CAKEUSDTHello dear friends
Provided that the price range of $2.655 is maintained, we can expect a downward trend similar to the scenario.
what do you think!?
cakeWe have a support box in this section, if it can be supported, the next goals can be red lines. If the next points fail, it will be activated.
CAKEUSDTCAKEUSDT is trading in descending channel and printing consistent LLs LHs. and is about complete ABCD pattern at strong daily support level. Recently the price is broken the important support zone and now retesting the broken level, and also retraced to 50% Fib retracement level.
If the sell momentum continues the next target could be 0.6400
What you guys think of this idea?
CAKEUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry zone: 2.1 - 1.8
Targets: will depends on market structure, but minimal target will be 5$, there need to fix atleast half of pos.
If we will draw impulse then next target will be 10$ zone.
Stop: ~1.2 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 10
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
CAKEUSDT 4HPay attention to the #CAKE. It has bounced from the monthly support and weekly MA50. Which has potential to grow up. My first targets are $2.77 and $3.06
You can check the rest of targets on the chart.
cake (buy Spot)According to the total chart, I decided to analyze a few currencies that are susceptible to good growth. I considered a small stop, but I consider these options suitable for investment and I keep them as spots. for investment
CAKEUSDT 15 MINLocally, the instrument looks short. But I consider all reductions exclusively for long. The nearest targets are $3.7-5-8-10 I look forward to the transition of liquidity to the ETH/BNB ecosystems.
#CAKEIn high time, it can penetrate and move to the swig of the previous peak. For the possible future direction of the currency cake, it can be considered according to the direction of movement.
CAKE inteligentassetbullish scenario
resistances 2.6 in 50 ema &
horizontal, 3.1 pivot high, 3.4 upper limit channel & horizontal
bearish scenario
supports 2.26 in 200 ema, 2.08, 1.8 pivot low, 1.53
Polly, pick up the crumbs of CAKEWell hello there!
I mUst say that the previous review
moderator tip - its a STORY, not an fin advise
was not entirely correct, or rather completely erroneous, because the price movement occurred in the other direction.
I suppose this is the machinations of the cunning goblins who took away the cookies they had accumulated from the hoarding dwarves during the Last Bear Massacre.
In their dirty little hands, the CAKE chart has transformed into something different and alien to our mind, because we are all used to 1-3-5 growth, and here we see only two impulse waves. Where is the fifth, where did you put it, you vile goblins? "you'll never figure out our trick white lady hehe hehe"
BUT I DID! we growin' via ZigZag ABC!! Isnt it a relevation?!
Here's the goblin chieftain's head, Your Grace, and here'z thy bag of CAKE they stole. The cookies are a little moldy, but if we introduce a fashion for moldy cookies, thy citizenz will buy it, Im sssure.
I suggest buying all cookies at 1.397-2.041 coin per CAKE, so that the average is 1.7, and we will wait for the price to rise to 15
that's the end of the fairy tale and who listened - well done :)
Az usual - understandin' thy idea obliges you to press thy missile button (let them firez in da chartz only)
if u find its silly - my regredz ;)
Are You Ready To Sell Cakes??"Hello, fellow crypto explorers! Explore the crypto world with my daily technical analysis, covering everything from Bitcoin to altcoins. Let's navigate this exciting journey together!
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Disclaimer: Technical analysis is a valuable tool, but use it cautiously and alongside other market insights. This is not financial advice."
CAKE - Dessert is getting ready, prepare your platesThe CAKEUSDT pair came out of 178 days of long accumulation in the zone of 1.04$ to 1.6$.
it finished its first wave of price surge and getting the healthy retracement which has gone deeper into the fib levels. Thus, creating a very healthy low risk and high reward setup.
on daily there is a small bearish divergence that is being played right now and soon it will be over.
entry:
2.9 - 2.5 $ zone
the targets for the coin are:
1. 5.5
2. 9.5
long term:
3. 18
4. 28
5. 36
6. 45
7. 60
CAKEUSDT:LONG📉Based on the chart: Important levels are marked
.📢 Please follow your strategy, , this is just my idea
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CAKE shortCAKE bounced down off the resistance level and the descending trendline. A decline to support level at $2.69 is expected to happen
CAKE buy/long setupThis symbol has a structure that can pull back upwards. We have an ascending CH on the chart and the TL (trend line) is broken.
I marked the TPs on the chart. When the price reaches tp 1, place the stop on the entry.
If CAKE reaches the white FVG range, we will look for buy/long trades.
Do not enter the position without setting stop and capital management.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
CAKEUSDT.1DBased on the given market data, the CAKE (PancakeSwap) is currently trading at a price of $3.015 against USDT (Tether).
Looking at the 4-hour chart indicators, the Relative Strength Index (RSI) is 56.74, suggesting a slightly bullish market sentiment. The Moving Average Convergence Divergence (MACD) is at 0.025, suggesting a bullish trend. However, the price is below the Bollinger Band (BB) upper limit of $3.170, indicating that the price could potentially rise. The resistance levels are $3.328, $3.814, and $3.840, while the support levels are $2.759, $2.436, and $2.071.
On the daily chart, the RSI is at 55.78, indicating a neutral market sentiment. The MACD is at 0.084, suggesting a bullish market. The BB upper limit is at $3.814, which is above the current price, indicating that the price could rise. The resistance levels are $3.997, $4.700, and $5.132, while the support levels are $2.720, $1.878, and $1.767.
On the weekly chart, the RSI is at 63.47, indicating a bullish market sentiment. The MACD is at 0.303, which is a bullish signal. The BB upper limit is at $3.978, which again indicates that the price could rise. The resistance levels are $4.800, $5.597, and $8.740, while the support levels are $0.066, $1.647, and $1.052.
In conclusion, the market data suggests that CAKE is currently in a bullish trend on the 4-hour, daily, and weekly charts. However, investors should keep an eye on the resistance and support levels and pay attention to changes in RSI and MACD for potential trend reversals. Please keep in mind that this is only a technical analysis and does not take into account fundamental factors, and thus it should not be the sole basis for investment decisions.
Icing The CakeAverage Price Forecast: Analysts predict an average 12-month stock price forecast of $32.7, indicating a slight decrease of -0.88% from the current price. The forecast range is between $26 and $39, suggesting potential variability in performance.
Analyst Consensus: The consensus among analysts is to hold CAKE stock, with a rating score of 2.06. This rating reflects the belief that the stock will likely perform similarly to the overall market.
Invest Invest
cakeAccording to the latest analysis, due to the resistance, it started to correct, the best area to buy is in the green lines
CAKE - Bottom is in?Same fib play that I used to point many HTF reversals such as:
I never traded CAKE and not trading now either because I prefer fresh narratives - but a good RR trade is there if you're interested.
Polly whana cracker? crumbs of a CAKEHO HO HO boyz!
Do you feel the holiday coming? The mystery of Christmas night, New Year and gifts? CAKE has prepared a gift for its holders and intends to wash them in their blood:
WE ARE IN a WAVE B OF CORRECTION
, which means that now they will start selling alts to you through the news.
after that, the Shiba will go up, and everything else will go into the correction of the C/ wave.
but I have a REAL GIFT for you - the shopping area. The shamans of the great ancient one were singing songs under my window and I heard a homeless man ask them - "where can I get some CAKE?"
"In the zone of wave 4 of the minor degree" - they answered
SOOO... its kinda 1.6$ per CAKE i guess.
stay calm and press zi rocket button only if u understand zi idea, if u just like it - please, dont.
