long CAKE$CAKE bounced off the support level and broke through the short-term descending trendline. Bullish movement to resistance level at 4.18$ is likely to happen.
CAKEUSDT trade ideas
CAKEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-week-time frame analysis for CAKEUSDT
Here we have R1 which used to be a support area. And S1 used to be a resistance line at which the disability of the price to rise is seen. Presently, the price is fluctuating over S1 and we expect it to fall to this line and then start its rising tend to R1. It is less probable for the price at the moment to have a fall below S1.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
CAKE USDT SHORTWe can have a short position on cake usdt and if you are intrested on lev trading trading then you can go for maximum of 5-7x lev. Blacklines on greezone are the targets and the black lines on the redzone are the dac zones. #nfa #dyor BINANCE:CAKEUSDT
PancakeSwap CAKE long Entry Range, Take Profit and Stop LossCAKE/USDT
Entry Range: $3.80 - 4.10
Price Target 1: $6.00
Price Target 2: $7.70
Price Target 3: $9.45
Stop Loss: $3,39
CAKEUSDTCAKEUSDT ( 07.30.2022 UPDATED )
Wait until price touches the trend lines then look for signal bar and key bar /Breakout and pullback to recognize direction of price movement.
Money Management must be obeyed.
CAKE / USDT Support & ResistancesDaily Technical Outlook with possible short term trading targets- 29.07.2022
⛔️Note: Please watch Pro-Technical video on Cryptosocy platform first
CAKEUSD ❕ the price under an upper boundary of channelCAKE is moving in the descending channel and is near the upper boundary of the channel.
Main MAs are bearish (1H TF)
Price and RSI have formed a bearish divergence (30m TF)
I think the asset may start to decline if after a test of the upper boundary it fixes under it and continues to move in the channel.
CAKE short$CAKE bounced off the resistance level. Bearish movement to the support level at 3,13$ is possible.
Cake Current View. Take A Look!Cake's downtrend broken. Now we need to wait for a re-test movement. No doubt it will be better this way. Blue trend line rising trend, if this trend line breaks, we can buy second tier from the black circle. This zone are safe place to buy. Price drops can trap you inside but it will rise again. Good luck.
🔥 CAKE Dying Slow And Painfully: Reversal When?CAKE was one of the major winners of the early 2021 bull-cycle, where it became very popular for it's staking and farming capabilities.
However, with CAKE being an inflationary token, it means that CAKE is under constant selling pressure from investors who sell their staking rewards.
When looking at the chart, you can see that there's little to be excited about. CAKE is falling and there's no reason to believe that we're going to reverse shortly. If anything, I wouldn't be surprised if CAKE will trade below $1 before the end of the year.
So, when can we get excited?
Simple, a bullish move above the dotted purple resistance. Only then I'd be looking for bullish entries. Till then, bears are happy and shorting remains a valid strategy.
pancake swap update pancake swap update its a long way to go so many resistances on the way
we need bullish news and volume to break all these
📈PancakeSwap #CAKE $CAKE (July-16)CAKE is forming quite a lot of Bullish patterns at the moment, showing that buying power is gradually returning to CAKE and a reversal could happen at any time.
We can accumulate CAKE in the $3 zone and expect a rally and break out of the Symmetrical Triangle pattern to rally strongly to the $4 and $5 zones in late July and early August.
However, if the $3 zone is lost, it can fall to the $2.5 zone to retest this zone
PancakeSwap shortPancakeSwap bounced off the resistance level. Asset broke trough off the ascending trendline. Bearish movement to support area at 2.5 is possible.
CAKE Done correcting (Short Term)Expecting cake to have a leg up targeting at least 3.304 based on a measured move!
NFA (Practicing price action analysis only!)
CAKEUSD ❕ the point of entry is closeCAKE is moving in an ascending channel.
Price is above liquidity and trading volumes show a slight deviation of interest in growth of the asset.
The 100MA has broken up the 200MA (1H TF)
TD Sequential has formed a reversal signal downwards (1H TF)
I expect that CAKE may retest the support level, and after fixing above it will continue to move in the direction of the channel.
CAKE/USDT small breakoutHey Colleagues,
We are back to CAKE/USDT. The time came where small breakout of the CAKE coin happened.
There are two scenarios for this coin but both would have same outcome:
1) We will have full breakout from that triangle form at $3.12 and we will move straight to $4.20
2) We will move to $2.53 where we should bounce right back up.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Pancake Analysis ,CAKE/USDT Update 📈📉HEY, what's going on Guys ?!
Since Dec 15, 2021, that I posted the last analysis for Pancake it has failed to rise again , actually after losing the support zone and hitting my SL ,it has been declining up until now .
but today as you can see on the weekly timeframe for cakeusdt, after
a massive crash and reaching current support zone stopped and now I think it want to attack pivot zone so then may fall again , but if it be able to take over this zone then breakout the descending trendline , so then after a nice pullback then it can reach the higher red resistance zone . but if it loses the current support zone so then it can even see lower support levels.
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
CAKEUSDT | Wave Projection | Ending Diagonal Breakout / Fakeout?Price action and chart pattern trading
> Elliott Wave downtrend projection with an ending diagonal pattern - possible breakout with one more final downtrend wave C minor
> Potential reversal @ SMA50 breakout of local trend correction wave and confirmed trend reversal once breakout of Elliott channel of global trend
> Indicator: MACD bullish divergence signal
> Target Price @sma200
@Always trade with affordable risk and respect your stoploss
Long Idea CAKEOn first observation this may not look like the best long position, but my reason for posting is that I think that it presents good risk reward.
Price and lagging strand are above the cloud, and have held well over the past several hours (1 hour time frame). Clearly defined stop loss here and also some obvious targets overhead, 3.264 being the best one in my opinion.
Best wishes to all!
CAKE USDT ELLO GUYS THIS MY IDEA ABOUT CAKE Usdt is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that the buyers from this area will be defend this SHORT position...
and when the price come back to this area, strong SELLER will be push Up the market again...
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this Long trade....
THANKS
TURTLE TRADER 🐢
