Cake LONGWe buy cake on support level.
First we try SL 16.66. If this breake we move it far away 10.72.
4 fibonacci TP points.
CAKEUSDT trade ideas
Cake mid NovemberCould be the next move to the Defi token.
There is supposed some FUD coming up. The recent inflation ratios and the finals day of the year make some people nervous about their investments.
CAKEUSDT POTENTIAL BULLISH REVERSAL TO REACH 33$ - 35$ Hello Traders,
- Checking the 1D time frame we can see clearly the breakout from the descending channel happened around Nov 5 after a big pullback ( temporary price reversal ) started from end of August suggesting that sellers are taking control making lower highs but it seems that sellers has lost their momentum , price is consolidating between 17$ - 20$ levels.
- Buyers are accumulating on 17$ - 18$ support zone , in order to have continuation for our uptrend bulls should push the price higher from there ( check Fib levels ) by taking over the last swing on 20.5$ , if buyers failed to take control price could fall towards 16$ support zone, then sellers will take control from there.
- We need to see confirmation above 20.5$ making sure that bulls have steam to push higher , our daily candle should close above 20.5$ in order to confirm the reversal.
-Until now CAKE is trading in bearish mode, waiting to break our last swing or else price action could keep on consolidating or going downwards even more.
in my opinion entry positions :
16$ support zone
18$ support zone
20$ support zone
Thank you, Good luck!
CAKEUSDT-Buy at the best price Doomed to climbCAKEUSDT
Buy at the best price
Doomed to climb
Buy at the best price
Doomed to climb
CAKE/USDT is near to breakout 📈✅✅✅Hi guys I am Mohammad 😎
CAKE is near to breakout and everything we need is on chart
Thanks all
Thanks for sharing
CAKE head up to $35#CAKEUSDT
$CAKE broke out from descending resistance and confirmed it as support.
also price is above long term support zone and head up toward resistance zone between 0.5 and 0.618 fib of correction wave.
as trend lines and fib levels show, break out from this resistance zone will lead price toward 1.618 and 2 fib levels around $32 and $35.
CAKEUSDT CAKE is honoring the trendline support for quite a long time and now retesting again. There is also horizontal support there. So we can expect an upward move if there is some hint for bulls. Upside we can expect a target of 21 in short term. Good luck.
cake upriseit can go up to 33 this round
simple moving average 100 above simple moving average 200 / out of triangle.
low risk at 18.3
CAKE/USDT Ready to Half Century ( $50 )#CAKE/USDT TA Update:-
$CAKE currently broke our resistance and Converted into Bullish zone.
Best Entry : $18.50-$19.90
Targets:- $26.72/$43/$80
Stop Loss:- $17.20
Support:- $18.70
Resistance:- $26.72/$43.20
CAKE LONG BRAKE TRIANGLECAKE brake triangle and maybe go long.
BUY POSITION 18,40$ - 18.80$
TAKE PROFIT 1 - 26.00$
TAKE PROFIT 2 - 30$ - 31$
TAKE PROFIT 3 - 36$
in my opinion the best option is to sell half (50%) of your CAKE on TP 1, 30% on TP 2 and 20% on TP 3
cake usdtfinally brake out the Triangle It can grow a lot
In the previous analysis for Android and iOS users There was no chart :(
good luck :)
Prepping to eat some juicy cake.Price being squeezed into a triangle here.
I think we tap the support at just below $18 where we've wicked from multiple times recently.
a break of the descending trend and the triangle is sure to take us to $25.
Golden ratio fib zone coincides with the support level
The ((CAKE)) is still fresh, pick your pieceThe uptrend has just begun, but a return to the level will happen. But there is still chance for profit. good luck
CAKE about to breakout and on to $36 (PANCAKE) $50 EOYCAKE has been under consolidation slowly absorbing all the sellers and losing weak hands without losing any key levels since its fall in may and recovered very nicely.
Once clears $20 and sits above $22 it will become a very good support moving forward
Target-1 $25
Target-2 $36
Final Target by end of Yr $46-$50
Looks like we have seen this beforeIf this plays out like it did before we could see at least a 65% pump to at least $32. Having looked back at the previous pump that started back on July 21st, we can see some eerily similar patterns that are happening now compared to then. You can also see that we are in an upward trend after breaking out of the daily bull pennant.
CAKE/USDT Daily Support and Resistance Zones Targets 10/29/21CAKE is in Range, forming a bullish pennant in daily timeframe, while all coins are in Bullish mode this last days, CAKE didnt do any significate movements.
Support and Resistance Zones marked in RED/GREEN Boxes
% calculated to every zone.
Be aware this is a daily time frame analysis, medium term trade.
My entry is at 18.04 USD
SL at 16.90, and moved to entry price after 10% up.
Will update as the trade happens.
Trade Safe.
Regards.
P.D: Remember that BTC dictates the market.
💡CAKE\USDT ,,,,, spot Targets
TP for scalp :
TP1: 21.60$
TP2: 24.85$
TP3: 28.10$
,,,,,for midrange and long term from 2 weeks to 3 months:
TP1: 33.00$⌛
TP2: 38.75$⌛
TP3: 49.50$⌛
TP4: 56.00$⌛
How Cake(PancakeSwap) is looking? Hello everyone!
As you can see on the chart while ago bull flag was created, after the break cake went sideways,as most of the altcoins did. Even it bounced from 17.5 levels to form double bottom scenerio, but this scenerio to be valid price needs to break(at least 1 daily close) 20.5 level(which is also 0.618 level). The target of bull flag is orange line, fibonacci 1.618 also states similar level 35-36.
If you want some coin to be analyzed by me, please write in the comments.
Have a nice one!
CAKEUSDT is testing the weekly support.CAKEUSDT is testing the weekly support. If the price is going to have a breakout from the daily resistance and turn into new support, 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.
