CAKEUSDT DailyPlotting Fibs Retracement Exercise
4 Confluences area of Fib Retracement
0% & 61.80%
23.60% & 61.80%
61.80% & 78.60%
78.60%
PA trading below the bullish pennant
Inverse head & shoulder forming
CAKEUSDT trade ideas
$17 should act as a magnetI think the bullish continuation for $CAKE is imminent, $17 should act as magnet, in the worst case scenario it will be just a bearish retest of that level (important SR level and 200dma extrapolation), $15 might be hard to crack but I think it should go. Will update once we get there. Not much hype around it, love to see it.
#Cryptocurrency #DeFi #Binance #BitcoinThere was good support in the range of 10.48 to 11.09
With resistance breaking in the $ 19 range, we expect it to reach the $ 43 level.
CAKEUSDT LONGS 💰💰💰Expect bullish price action as price rejected an important psychological area 10.00 with bullish momentum, we have a bearish imbalance on d1 that should be filled asap also we have liquidity pool resting above 15.00, it is already in profit if you watch my latest posts.
What do you think ? Comment below..
Cake PUMPPancakeSwap is PUMP to 13$ or 13.50$
The cake can be pumped to the green area of the first target and the second target can be pumped up to 13.5$
CAKEUSDT created a W CAKEUSDT created a W below the weekly resistance. The price could retest the W's neckline before a new bullish impulse.
According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Cake holding the 618 FIB Cake holding the 618 FIB on the 8hr chart. Bottomed out on RSI and Bolinger bands.
Look at targets at 0.5 Extention around the 15 USDT levels.
Cake coin chart analysisCake coin chart analysis , as you can see from chart cake is facing high resistance from the trendline drawn .
PANCAKESWAP $45 Price Target Hello guys,
Here we have CAKE in a huge Triangle formation. Usually when we have cryptos doing this type of formations in larger timeframes when there is a breakout of the formation it tends to be valid. I'm looking for CAKE to reach the last price of the ATH which is $45. After that ATH is broken I'm looking for a psychological price target of $100 long term. This coin is a great one to HODL because of the high APY you get for staking them.
Any questions or opinions feel free to share them :)
cakeusdt pattern break out. Downtrend channel passed and small uptrend channel break out pattern created.
if that pattern break out 70% pump might shown
Cake in waiting gameCake is forming a mickey mouse but also in a descending triangle. 3 routes are made , wait for macd and ccc
My Game plan on Cake (bullish signs everywhere)Hello friends just felt like sharing my short and long term game plan on cake. i am so bullish on this one! will be taken a long position as soon as BTC finishes it correction and indicate a comfirmation in a reversal pattern i will jump on in on this... cake has the ptential of give me 2 to 3X early days of next week if BTC tends to return back to it bull wave.
so guys let continue to wait on BTC!!!
My Game plan on Cake (bullish signs everywhere)Hello friends just felt like sharing my short and long term game plan on cake. i am so bullish on this one! will be taken a long position as soon as BTC finishes it correction and indicate a comfirmation in a reversal pattern i will jump on in on this... cake has the ptential of give me 2 to 3X early days of next week if BTC tends to return back to it bull wave.
so guys let continue to wait on BTC!!!
CAKE - Who Wants A Piece?Hello everyone, if you like the idea, do not forget to support with a like and follow.
CAKE is sitting around a strong support zone in green and round number 10.0 so we will be looking for buy setups.
on DAILY: CAKE is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, CAKE would be overall bearish can still trade lower till the lower green support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CAKE/USDT DOWNTREND BREAKOUT!Cake broke its trendline on daily with strength!!!
Notice how it broke it force.
Alot of buying behind it.
It PB to that broukout in a correction. We have also that pinbar to the breakout.
Entry: 11-13
Targets:
1) 15
2) 20
3) 25
4) 33
SL: daily close below 10
NICE R:R
CakeUSDT A beautiful level to Retesrit should retest the bearish move break level an then resume the trend .
CAKEUSDT LONGS 💰💰💰Expect bullish price action on CAKE as we rejected a nice 10$ psychological level + bullish momentum on d1. We have a huge bearish D1 imbalance that should be filled.
My targets are on bsl ( buy side liquidity ) and way above if price will have a lot of momentum
What do you think ? Comment below..
CAKE, SPECIAL SCENARIO...!The pancakeswap exchange is getting stronger and also its token (my favorite) is getting more valuable. Never miss it...!
