CAKE USDTlooks like we are at the bottom now.
Crypto isnt for the money. Its for the computers and what they are capable of doing when they are entangled in the blockchain
CAKEUSDT trade ideas
CAKE is trading within a descending channelCAKE has been dancing within a channel with peaks and low inside this channel.
There is the possibility of CAKE going higher in price if it maintains its position above the $6.9 support level. Otherwise, if it breaks below the aforementioned support level, it may fall further.
overall, for now, my TP is within the channel
CAKEUSDTCAKE is moving down in a very strong downtrend and the sellers are in full control of the market. In the recent downtrend, we attach great importance to the level of 1.618 Fibonacci because the market can return from this range, but the volume is still very low. However, if this range is broken, we expect a price of $ 4.30, and if a good volume is observed, the scenario may change.
DISCLAIMER:
This is not financial advice! This is an opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing.
everyone should buy and sell according to their own strategy.
Everything you need to know is outlined in the chart and keep in mind that we are moving forward with probabilities and the analysis may be wrong so take capital management seriously.
Trading Signal For CAKEUSDT Trading Signal:
There is a Trading Signal to Buy in CAKEUSDT PancakeSwap
Traders can open their Buy Trades NOW
Rank : ⭐️
⬆️Buy now or Buy on 1.6585
⭕️SL @ 1.6534
🔵TP1 @ 1.6640
🔵TP2 @ 1.6710
🔵TP3 @ 1.6825
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Has The Downtrend Of CAKE Token Price Come To An End?The week after week technical chart of the Pancake Swap coin is currently in a way for a strong breakout. On the every day graph the coin is currently in a strong downside momentum.The asset setback could be seen near $10 in the upside trend. In the event that the coin value observes a downside trend then a bounceback from $5 can be seen. The drawn out trend of the CAKE could see a jump near $150.
CAKE/USDT BREAKOUTCAKE/USDT broke out the descending triangle channel in one hr time frame
and broke 200 dema with a bullish canndle
trade with caution ⚠
#DYOR
BUYING POSSIBILITY??The Market Broken The Triangle Already
I Think the Market MIGHT MOVE UP TO REGION OF 10.03
BUY THE DIP!
CAKEUSDT - SETUPCAKEUSDT price hovered at the support area and bounced. It has already broken the triangle in a short timeframe but if bulls try to chase the upper trendline and successfully break it, then we can see a rally in it towards 10.0. So buy on dips will be a good strategy.
Cake LongCoin: Cake
Type of signal : Spot
Entry Price : 6$-8$
Price now : 7$
Goals:
Tp1 9$
Tp2 12$
Tp3 17.69$
Tp4 23.5$
Tp5 27.9$
Long-Term
40$-50$
SL Hold
Watch out CAKE !!Hello traders & investors
BINANCE:CAKEUSDT keeps falling and we don't have enough data on its chart but when we check BINANCE:CAKEBTC things seem different.
currently, everything is natural and we should just have cake on our radar.
WARNING: it is not a piece of financial advice always do your own research.
CAKEUSDT-LONGBased on technical factors there is a long position in :
CAKEUSDT PancakeSwap
Score 3️⃣
🔵Long Now or set on Key Level 6.90
🟢Target 1 7.45
🟢Target 2 7.95
🟢Target 3 8.35
❌Stop loss 6.70
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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CAKE 1 HOUR - BUY THE PULL BACKCheck out our other posts and calls they maybe of interest to you check the signature and links of related ideas at the end of this post.
unfortunately Cake is not in a good situationunfortunately, Cake is not in a good situation
I think it will continue to the bottom of the channel to get power ...
CAKE, near the historical support.The following content is machine translation:
From the daily chart, the historical support is near 10.
The entire pattern forms a triangle with a downtrend line and a large support line.
It has been fluctuating within a narrow range recently. About to choose a direction.
This is near the historical support, and there is a high probability that it will rebound and break through the infinitely close downtrend line.
Therefore, if you see more, you can make a layout for bargain hunters.
Cake is down the trendCake is down the trend price is looking good for buying but scary at the same time.
Accumulating on weakness, >50% upside possible.Plan is to accumulate by batches in the 10.20$ to 8.30$ range, having the opportunity.
First lot bought.
Here is CAKEBTC:
Risky contrarian trade , it may slump.
DYOD.
CAKEUSDT Analysis (GLOBAL VISION)Hello friends.
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Everything on the chart.
if the price falls below 10$ - it's very bad signal for Cake holders, then the target will be 5$ and 3$.
If we gain a foothold above 16$, then the upside potential to 40$ remains.
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.
CAKE - Bottoming Out! ⚡️In our last analysis, we were waiting for price to reach the $10 level. We are now there and looking for bullish price action to indicate reversal. We can see that we're in a wedge pattern and looking for a break out of the wedge for confirmation.
Trade Idea:
- Risk entry = bounce off double bottom
- Safe entry = wait for wedge breakout and then enter
- stops below the lows
- Targets: 17, 26, 44
Goodluck!
Short Term, 1 Hour | CAKE/USDT | Great opportunity to BUYIn the chart you will see my speculation and small analysis of the instrument $CAKE.
By any means don't take this analysis as financial advice and do your own research before initiating and risking capital
cakeusdt 70 % profitcake ready for breakout downtrend Chanel
see this price action now in the strong support
ready for 17$
Cake is at the end of the triangle and is expected to break out The last stage of the triangle is clear and Cake will break out within three or four days if we see it break up and confirm above the resistance over the triangle line we might see it starting an uptrend or else will be a down break and fall to lower levels.
