CAKEUSDT trade ideas
CAKE/USDT TF DAILY UPDATES (SPOT)Cake fall in latest candle for like -10%. We hope we will see reversal candle from now on. cake touch its montlhy support. We are looking for pullback into $19-$20 as critical area for cake.
TIPS BEFORE BUY/LONG Cake
Aggresive traders :
-Cake touch its support
-Bullish RSI Divergence
Pro Traders :
-Cake touch its support
-Bullish RSI Divergence
-(Waiting for reversal candle+continuation
CAKEUSDT: ANOTHER SHORT OPPORTUNITY ON PANCAKE SWAP?Hello Enthusiast Coin Traders! Here's medium-term outlook for CAKEUSDT , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
CAKEUSDT broke out of the Rising Wedge pattern. Rising Wedge Pattern indicates a potential bearish movement ahead. The MACD indicator is crossing down below the zero level, it signify the potential bearish bias ahead.
The roadmap will be invalid after exceeding the resistance/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the cryptocurrency
CAKE - $17.4I've been on the fence after the shorts but now looking at a small play off this support for 15% with potential to run to the 50MA just over $18 for 20%.
There are a few ALTs that might be able to close a decent gap between the 50 MA - (UMA, SXP) while a few sit on top and might run for a short time (LTC, SOL). Reasonable entry are to manage risk.
B, HF
It's been a while since I longed CAKEUSD
CAKE - Watch For This Reversal!CAKE is showing us some really clear price action and we are approaching a significant level where we are expecting a reversal. We've seen that we previously had a triple bottom from the structure level indicating that It holds a lot of weight.
Trade Idea:
- Watch for price to come back to the structure level ($10 level)
- Once price shows bullish pressure, enter with stops below the structure level
- Targets: 17 - 26 - 44
We may get an early breakout and if we do, enter with stops below the recent lows.
CAKEUSDT:RISING WEDGE, CONFIRMATION OF SHORT OPPORTUNITY?Hello Enthusiast Coin Traders! Here's medium-term outlook for CAKEUSDT , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
CAKEUSDT broke out of the Rising Wedge pattern. Rising Wedge Pattern indicates a potential bearish movement ahead. The MACD indicator is crossing down below the zero level, it signify the potential bearish bias ahead.
The roadmap will be invalid after exceeding the resistance/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the cryptocurrency
Sell me your sub $15 CAKE and leave crypto alone!BINANCE:CAKEUSDT
$CAKE is currently trading in an accumulation zone.
Breakout once seller exhaustion happens circa Jan 2022.
Flips red line to support for new ATH at $100+.
PancakeSwap is #3 DEX by Volume trading at a discount.
>70% APY with AutoCAKE staking.
Say less!