Cake Watch fir breakout of neckline around 15$ we want to hold 14.90s as support and we could see a nice inverse head and shoulders breakout target 16.89$
Highest resiatnce is 18$
CAKEUSDT trade ideas
Let them eat CAKE!Right now we could see a nice falling wedge after a bearish Crab Harmonic Pattern that after it reached the pcz, retraced to the .618 fib level from which it has been holding as support for 6 weeks now. Yes it struggled at the 200 day sma but it never dumped and created alot of support by doin so.
Rn Cake is perfect for a trade because its very easy to manage risk at these levels. A close below 17.80$ could signal more downside on CAKEUSDT but if it manages to break the supply line of the potential falling wedge it could end this consolidation/accumulation at high levels and sideways movement with a big bullish engulfing candle in the next days or even hours.
Stop losses are manual because we always want a candle close confirmation
b4 selling.
Today i learned a valuable TA Lesson i used the same chart for the last months for CAKEUSDT. I always studied the same CAKEBUSD chart which was cluttered with drawings which made me biased. i never hid all my drawing or looked at a clean chart which was a distraction from developments that happened on the Chart. From now on i will take a fresh look at stuff and also focus on the most important drawings and start hiding stuff more often while charting.
CAKE prepare for the stormRisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
CAKE pump pump Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
CAKE (pancakeswap) price analysisthere is a H&SH pattern here and if the price breaks above trendline, we may see a rise.
cakeusdt long position in 4h time frameit seemes that cakeusdt after breaking the Downward goes for pullback
PancakeSwap (CAKE/USDT) technical analysisPrice was moving in a steep downtrend channel; Now, the price has broken the channel and it looks like it's ready to change the direction to an uptrend. Although, the price might test the long horizontal resistance line one more time; be ready. If the uptrend wave starts, the first and second targets are the bottom and the upper side of the triangle, respectively. After that, the projection of the price target will be an area around the thick uptrend line.
CAKE/USDT 1D MEDUIM LONG TERM HOLDthis is my current thougts of this token :)
HODL for this BULL ran !
CAKE | Moon or Die#CAKE-USDT
Entre now from now at 12.5 to 10.5
Targets:
- 16.1
- 19.5
- 26
Stop-loss:
Close 1D candle under 9.7
The recommended capital is no more than 2.5%
See available trades to enter on Related Idea section
🌹Stay Safe 🌹
CAKEUSDT Support and resistance lines.Support lines:
10.13
12.61
Resistance lines:
(15.67 , 16.19)
(17.91 , 18.91)
(22.69 , 23.15)
27.11
Binance: CAKE-USDT Buy / Long D1Binance: CAKE-USDT Buy / Long D1
Entry: 14.2$
Stoploss: D1 close below 11.5$
Target: 26$ and hold longtern 40$
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Trade: Trade and generate LP tokens to provide liquidity.
Farms: Yield Farming with an extremely large number of pools (the liquidity center of the BSC system).
Pools: Stake CAKE to receive CAKE or other tokens in the BSC system.
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CAKE/USDT ready for 20% runSummary:
1. CAKE seems to have bottomed out.
2. The next leg up may see a 20% jump to the Fib lines of the Pitchfork.
Chart: Daily w/ Log Scale
CAKEUSDT - HOVERING AROUND A SUPPORT ZONE!CAKEUSDT After dropping from the 26.00 level it has already broken the support area around 17-18, becoming a resistance area. Now it has been bouncing from a Support zone where the Trendline support also lies. If bulls successfully pull the price above 14.00 then they can target 17.00 followed by 20. On the other side If that support zone will be broken, then we can see a selling pressure towards 10.00 followed by 8.00. Good Luck!
CAKE Bull FlagBINANCE:CAKEUSDT
Everybody wants to kill me because Cake price fell hard. Many throwing in the towel at the worst possible moment.
However, what I see is a big Bull Flag Pattern, which should lead to higher prices when it finally breaks to the upside. To do that, we need to go above $19 USDT. If we do, the minimum price target would be $34 USDT. A target that I expect will be meet before year end.
www.freeonlinetradingeducation.com
Critical support would be $14 USDT.
We had increased volume in the last 3 days, which is good, as it could signal the final liquidation and price bottom.
Also, the RSI indicator is deeply oversold, which could also signal a bottom.
I hope you find this interesting and good luck to you
CAKEUSDT downtrend breakout Trend breakout at 4h closing.
Entry point : 13,52
TP1: 14,48
TP2: 15,75
TP3: 18,52
Use stop-loss and DYOR. Not financial advice.
CAKEUSDT in Buy Zone Area! [Low-risk Setup]Good day, TradingView fellows!
I believe $CAKE is testing its support recently. The good buy zone is at $9 to $13. I am anticipating it will hit $18 in the short-term, $24 in the medium-term and $39 in the long-term. This analysis is suitable for swing traders and long-term traders.
Entry: $9 - $13
TP 1: $18
TP 2: $24
TP 3: $39
The idea published is not a financial advice. The content of this idea is solely the opinion of me who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. This does not guarantee any particular outcome. Always DYOR (Do Your Own Research) and trade at your own risk.
Let me know your insights in the comment section. Give this work a thumbs up if you appreciated my analysis. Smash that follow button for more upcoming low-risk setups! Thank you so much in advance.
Good luck,
Alexis
cakewe are either going to be in big trouble or see a huge bounce we see multiple trend taps on this angle trendline that lead into big rallies 11.23 is an area of interst for me however a descending triangle breakdown has a target of 9.43 nee to watch this support as we have one tapped it multiple times an ran up heavy once touching keep eyes on it for a large engulphing candle bounce off any key areas
$CAKE The best price for entry NOW! Entry Price : 12.5 - 13
TP : 17.3 , 18 , 20.5 , 21 , 23 , 26 , 44
SL: Under Strong Support Area
CAKEUSDT - Which way are we going?It all depends on the level of support.
If the support fails and the channel fails, which seems unlikely, we will have a deeper fall.
But if we move up, the specified price levels will be our goals.
CAKEUSDT Analysis On Daily Hello Trader's
I am sharing my Analysis for Cake and I think you should wait for the price to come down and touch his support. it good for buy/long..
thanks for your support.
