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CAKE / TetherUS

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CAKEUSDT trade ideas

CAKE strongly bearishHello Trading view community, should you like this analysis, please support with like ans comments, Thank you. Cake reacted to its resiatance level at $08.80s and carshed down again, we like it or not, it may drop down into $06.80s again. ofcourse eventually, almost all cryptos trends are affected by BTC and ETH somehow, so should BTC crashes toward $39K - $$38K, again (which may carsh even up to $25K or more) then we should expect more crash on all coins beside cake.
Short
by iBijan
1
CAKE/USDT BULLISHCAKE has been in a downtrend since ATH, the bottom could be in. The price is also at an all-time low currently. Boilinger Bands indicator show a breakout at 7,50ish. If price movement could break through 9,00 resistance, we will see an uptrend. Combination of breakout on Boilinger Bands and resistance level could be huge. Fundamentals: Pancakeswap (CAKE) is the market leader for BSC DEX´s. Pancakeswap holds the most number of coins, pairs, visits and also has the highest market share on BSC (Binance Smart Chain). Entry: 7 - 10 USD Target: 40 USD (300 - 400% gain) Not financial advice.
Long
by vf_investment
CAKEUSDT, Finally we made it Hello everybody Did you check event of today ? Did you check unemployement rate ?? Do you know how you can analysis when the news coming ?? If you want to learn Fundamental & Technical analysis send us messages ---> Our id is in profile According to the last analysis we shown on chart that the price was making a triangle and we need to break it and then wait for the pullback and trigger for entrance then you can take position and buy, at this time finally we have candle stick pattern is making after broke and its morning star. According to the pattern we can buy some part in here in this price and put our SL and the below of the pattern and wait until the target that we shown reach. Good Luck Abtin
Long
by Abtin00
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.
by Bibres2003
1