CAKE/USDT Bullish Bat FormationCAKE/USDT has completed a bullish bat pattern and is now trading in the strong demand zone. There is a high chance that it will reverse from here. And Risk to Reward Ratio is pretty awesome at this level. So, it's definitely worth a try.
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CAKEUSDT trade ideas
CAKEUSDT-SHORTBased on technical factors there is a short position in CAKEUSDT Cake
CAKEUSDT Cake
Score 2️⃣
🔴Short Now or set on Key Level 11.25
🟢Target 1 10.60
🟢Target 2 9.65
❌Stop loss 11.60
#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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CAKECAKE
CAKE is also after huge and health correction. Price is in the small
yellow acummulation rectangle. If the CAKE want be able to do something - he should react on market at the current moment. So going up soon.
If CAKE and market fail we will see CAKE back in the green support.
But looks bullish.
LBL_CZ
CAKE/USDT ( PancakeSwap ) is support bullish toward $50#CAKE/USDT ( PancakeSwap )
Request Chart:-
$Cake currently trading around $12
And $Cake is strong exchange coin so Its always better to hold in Long term.
And also $Cake giving good Staking ROI around 70% APR
Now as per chart $11-$12.20 is good Accumulation zone.
Targets will be Very high if breaks $17 Strong resistance level.
After Break $17 I personally expected it can Hit $50 and $100 also Possible in Long term.
Its all about Targets.
Stop Loss:- As per chart $Cake will be bearish below $10
So any daily candle close below $10 that not good for Bull.