CAKEUSDT H1BUY ENTRY @18.33
STOP LOSS@ 9.173
TAKE PROFIT@9.867
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CAKEUSDT trade ideas
CAKE/USDT TRADE SETUPHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
Welcome to this CAKE/USDT TRADE setup. CAKE looks bullish here.
CAKE is breaking out from the bullish pennant in 1hr time frame. Expecting a 20-22% pump from here. Buy some now and add more in dips.
Entry range:- $9.2-$9.4
Target:- 20-22%
SL:- $9.04
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
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CAKE/USDT TRADE SETUP! BREAKOUT!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this CAKE/USDT TRADE setup. CAKE looks bullish here.
CAKE is breaking out from the bullish pennant in 1hr time frame. Expecting a 20-22% pump from here. Buy some now and add more in dips.
Entry range:- $9.2-$9.4
Target:- 20-22%
SL:- $9.04
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Also, share your views in the comment section.
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Trading opportunity for short position-CAKEUSDTBased on technical factors there is a short position in :
📊 CAKEUSDT PancakeSwap
🔴 Short Now 9.18
🧯 Stop loss 10.20
🏹 Target 1 8.50
🏹 Target 2 7.50
🏹 Target 3 6.20
💸Capital : 1%
We hope it is profitable for you ❤️
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🔥 CAKE Short-Term Bullish: Roadblock AheadCAKE has been one of the weaker cryptos of the last year. However, CAKE has been a relatively good performing crypto over the last couple of weeks.
With CAKE seemingly bullish, it's time to start looking at a potential bullish break out of the bearish channel in which CAKE has been trading for over a year.
With the overall crypto and stock markets showing signs of bearishness, I'm not yet convinced on a bullish break out. Ideally, we get strong bullish price action in the afore mentioned markets and a strong rally in CAKE to push the price through the top resistance of the channel.
To be continued. Happy trading!
CAKEUSDT CUP and HANDLE patternHey traders, in today's trading session we are monitoring CAKEUSDT for a buying opportunity around 8.7 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
CAKEUSD ! The coin is stronger than the market. Up to $10An interesting coin CAKEUSD, the coin is traded independently of bitcoin. Bitcoin falls and the coin rises. The range 9.20 - 8.60 is broken upwards and a consolidation is formed above the level
I suppose, since the cryptocoin behaves stronger than the cryptocurrency market, then if the price can gain a foothold above the level of 9.20, we can see the price rise to $10,
next target 12.5
Sincerely, R. Linda!
$CAKE looks yummyshort term swing for trend break
use SL below trendline . and sell according to our own comfort
Cheers,
Nav
CAKEUSDT | BULLISH MOMENTUMPrice action has finally come in to the bullish momentum. Idea is to keep the Stoploss at recent HL and take long position with targets set at the resistance levels as well as 0.618 fib level.
CAKEUSDT - SETUPCAKEUSDT price was moving into a bearish channel, this almost a year-long rally was broken down and then retested successfully by the bulls. Bull's efforts pay off and now price print an HL, So we may see a seamless rally towards upside with the help of EMA 100 which is acting as a support. Keep accumulating.
LongThis coin will accelerate next days to 12- 13.8 area the graph is good and they are doing new staking which is attracting lots of capital.
CAKEUSDT Daily Timeframe- short term target
- higher probability as per historical movement
- golden cross
CAKEUSDT Daily Chart!Just found These Pivots by MACD Indicator ! I think this is happening to CAKEUSDT!
#pancakeswap BULLISH IF BREAKS OUTif the confluence of the resistance around $10 and the downtrend resistance line is broken, we can set a nice order targeting a HUGE 25% circa profit, entering around 10.6 and targeting 13
ONLY BUY IF A 1D CANDLE CLOSES ABOVE THE RESISTANCES
let me know if you enjoyed this analysis and feel free to ask for other pairs to analyze in the comments or feel free to message me if you have any questions or ideas to share!
CAKE Hello traders 🐺 .
In this idea I want to update my previous idea about the cake so this is short and quick update for the CAKE if you are looking for a compete analysis for CAKE you can check my previous idea about the CAKE ( link in the related ideas down blow this idea ) .
In the daily chart you can see that the price after breaking the descending channel reverse the bearish trend and CAKE price experienced a bullish impulse , but after testing the weekly resistance ( red box ) price started to retracement to the last area of the resistance which now turning into a support ( blue daily support ) , also we can see that 0.618 Fibonacci level is in alignment with the daily support and also price is above the EMA Ribbon so in my opinion there is strong chance for see another bullish impulse and the next price target could be around 13.5$ .
CAKE LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on CAKE as price shifted the market strucutre from bearish into bullish, price reversed to fill the bullish imbalance and from there we have a clear area into 12/14 price area where price has a lot of price inefficiencies that should be closed.
What do you think ? Comment below..
CAKE still facing lot of resistanceCAKE is still under a lot of resistance which is coming from
1. Dynamic trendline
2. Bearish order block
3. Strong Market structure
If we see huge volume only than these will be broke.
Our targets are on chart.
#CAKE / USDT Trend Reversal? #Signal @everyone**CAKE/USDT**
Possible trend reversal underway, following falling wedge breakout with large volume
Ideal entries now would be around $7
After that we would be looking for price to move past $10 - $12
Short term targets > +30%
Mid term targets > +60%
Long term targets > +140%
Use small % capital we'd use 2-3% max
CAKE/USDTCake has the potential to move upwards an can touch 9$ or 10$
Here the price can go downside if next week bitcoin continues to drop.
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CAKE to 13$after a bullish movement we saw some correction for CAKE
now cake get rid of bullish flag and can continue its bullish trend
target is 13$
