CAKEUSDT trade ideas
CAKEUSDT Analysis(March 23)My expectation is the current price will make a breakout at Supply zone 6.77, If the price breakout is valid then the supply zone will become a swap zone/Demand zone.
Disclaimers:-
I AM NOT A FINANCIAL ADVISOR,EVERYTHING I SHARE IS JUST MY OPINION.
CAKEUSDT This route can be happenHello everyone
Cake is one of the most powerful token of defi exchange that can be have a campaign with Dydx in future
According to the chart and to the trend of market , you can see the market is moving to have some correction and need to recovery itself then its ready to continue the route as the trend wanna go .
This route that we can drwan on chart it can be the movement of the price to re-test again the support zone in the bottom (Blue box) and until the price is not broken the second key point level the trend is moving in downward and when this key point is broken the trend can be change to the upward.
If you wanna take position and buy or sell, check the chart with your own analysis and use your own strategy
Previous analysis :
Good Luck
Abtin
cakeusdt long positionPancake Swap has come to this day due to its stupid policies because this amount of tokens with this high profit of steak tanks has really increased the $ 40 currency to $ 6, but it seems that it is reforming its policy and reducing the profit of steak tanks. Has created the futures trading section inside an exchange office and it also burns tokens on a monthly basis. This can be a good entry point.
TRADE PLAN FOR CAKE Hello guys, a look at cake and its projections, the market current has positive sentimentals which is good for crypto. the growth on the usage of crypto is widen and across different countries also the s & p index . am expecting a breakout on cake towards the $ 8,43 area.
Tradehubng
CAKE FULL ANALYSIS...!Cake has taken back a very important level (green box). Therefore, good growth can be expected from it. Of course, market conditions must also be considered. Be very aware of the invalid level.
CAKE : Support,resistance & target (requested) Cake, everything is on the chart..
according to MACD then should move up to next resistance
in case BTC dump then the target is dynamic support of downtrend channel.
trade safe n fun
feel free to share ur ideas
CAKE is bullish$CAKE is experiencing the retracement after the explosive movement to the upside. Fibonacci 0.5 level stopped the connection and now bullish movement is expected to continue and reach the resistance level at 7,4$
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.
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%
We hope it is profitable for you ❤️
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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
