CAKEUSDT trade ideas
CAKE IS VERY BULLISHFrom somewhere on the chart, we entered "start", a bullish diametric has been formed, and now we seem to be in the bullish wave E.
This diametric is very strong and bullish and is expected to continue until $6.8 - $7.0.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
CAKE/USDT | 1W 👀Currently, the coin maintains a stable downward trend.
Cake is the native token of the PancakeSwap decentralized exchange. The coin is well-suited for swaps and for addressing tasks within the exchange ecosystem.
- Not financial advice, trade with caution.
#Crypto #PancakeSwap #Investment #CAKE
✅ Stay updated on market news and developments that may influence the price of PancakeSwap. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #PancakeSwap #Investment #CAKE
CAKE will continue to go up after the Flag breakoutCAKE will continue to go up after the Flag breakout.
🔵Entry Zone 2.798 - 2.727
🔴SL 2.577
🟢TP1 2.933
🟢TP2 3.200
🟢TP3 3.400
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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CAKEUSDT Elliott Waves (Local Setup)Hello friends.
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Everything on the chart.
Entry: Market and lower
Targets: 2.68 - 2.78 - 2.86
Stop: ~2.37 (depending of ur risk).
RR: 1 to 3
ALWAYS follow ur RM.
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
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.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
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!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions