CAKEUSDT - SETUPCAKEUSDT price given a strong breakout and now retesting that level. Bulls are active after a long time so we are expecting that they will try to build a good momentum towards the upside.
CAKEUSDT trade ideas
Pancake Swap (CAKEUSDT) TA: 22.2.27It has lost significant support and is declining in the downtrend channel. If the support is broken, $ 5 can fall to the bottom of the channel.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 27.Feb.22
⚠️(DYOR)
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CAKEUSDT (PancakeSwap CAKE) 18-2-22 to 17-3-22 Midhigher RangeCake/usdt midhigher timeframe range, This range is fairly new and it formed a new bottom than backed up. as the range is new with a new bottom price can be pushed from these zones to a retrace point but that depends if market see's money coming into alts and peoples shows their to their ol cake. their are no logical profitable intraday setup showed up yet until march 16 2022. but this range did provided 2 swing positions.
cake looking goodcake looking good down here to accumulate
will be buying more if dip down more but atm its at a great price to buy
Cake break out will soon pump Near Pump DOnt Miss its very beatiful coin for just 2 months come on hurry up
CAKEUSDT (Long)CAKEUSDT bouncing off daily support level
Long
Entry at 5.95
Take Profit at 6.09
Stop loss at 5.85
Risk/reward ratio of 1:1.40
PancakeSwap CAKE Price Targets and Stop LossCAKE/USDT
Entry Range: $5.44 - 6.51
Price Target 1: $7.25
Price Target 2: $8.85
Price Target 3: $10.50
Stop Loss: $5.40
CAKE is bullish$CAKE is testing a strong support level. After the bounce off the level, bullish movement to the resistance level at 7$ is likely to happen.
CAKEUSDT-LONGBased on technical factors there is a long position in :
📊 CAKEUSDT PancakeSwap
🔵 Long Now 6.37
🧯 Stop loss 5.80
🏹 Target 1 6.75
🏹 Target 2 7.65
🏹 Target 3 9.20
💸Capital : 1%
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cake looking goodcake is looking great to accumulate down here,
could potentially be close to breaking the down trend
Bulls are consolidating CAKE price in preparation for a rebound The CAKE token has a vital support level of $5.50, and the current price of crypto is struggling to close the daily price candle above $6.7 level, then the neckline of double top formation ($4.6-level) may act as an immediate resistance level.
Stoch RSI is still in the bullish territory; will it affect the current trend?
The CAKE token price has been moving downwards in the RedZone of super trend indicator as well as the price is below the EMA Ribbon in terms of the daily price chart. The bulls need a robust bounce-back move. Moreover, the 200-line is far above the current price.
The Stoch RSI is expanding towards the overbought territory over the daily price chart, where the k-line is at 81 and D-line is at the 66-mark.
Conclusion
The PancakeSwap investors have to keep patients for a good return on investment. The crypto price may generate excellent returns above the $9.0 level.
Support level- $5.6 and $5.0
Resistance level- $7.5 and $8.5
Cake in possible break to the upside :-) Cake already broke out, however its below major resistance.
Furthermore Cake has infinite total supply, so it's at the mercy of the owners. What do you think?
CAKE/USDT LongCake Trend Lines Buy and Sell Support And Resistance Available
While trading Keep track the Bitcoin Activity
Bitcoin Movement Will effect Trend Lines
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CAKEUSDT (Long) CAKEUSDT in an upward trend and bounced off strong 4 hourly and weekly support zone
Long
Entry at 6.78
Take Profit at 6.95
Stop loss at 6.63
Risk/reward ratio of 1:1.14
CAKEUSDT: SHORT OPPORTUNITY AHEAD, BEARISH BIAS STILL PREVAILS?Hello CryptoTrading Enthusiast! Help the Channel Growth by smashing the FOLLOW and LIKES Button, then Share your opinion on the Comment Section below :)
CAKEUSDT retested the trendline and created an impulsive rejection. The stochastic pointed down in the neutral area that could be an indication of bearish bias for Pancake Swap ahead.
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Can we see the $20 cake after the break out ?!Hello
What are the facts here?
We are below key support
We have a downtrend
What do I expect?
That I do not expect there is a potential seller in this area
Price can break the trend line and broken support area can also become a fakeout
I think many people are waiting for that trend line to be broken.
🎂 CAKE/USDT 🎂im expecting a bit of a pull back as seen on the 4 hourly divs if it is stronger than expected breaking the white trendline
which is highlighting our M then the short is out if it hits trendline we expecting to enter and go short on this 🎂 crypto
🎂 🎂 🎂. 🎂. 🎂
SENNASEASON
