CAKEUSDT trade ideas
DreamAnalysis | CAKEUSDT Start Uptrend?👋 Welcome back to your favorite channel, D reamAnalysis! Today, we're going to analyze one of the key utility coins in the crypto space, PancakeSwap (CAKE), and explore its future potential.
🌐 What is PancakeSwap (CAKE)? PancakeSwap is a decentralized exchange (DEX) built on Binance Smart Chain (BSC). It allows users to swap BEP-20 tokens using the Automated Market Maker (AMM) model. Users can stake tokens to provide liquidity and earn CAKE tokens as rewards.
📊 Weekly Time Frame Analysis:
After being rejected at the top of the weekly box resistance at 4.789, CAKE moved towards the bottom, but this time, it didn’t reach the previous l ow. This indicates strong buyer momentum and a lack of sellers in the market.
Currently, CAKE is stuck below the resistance at 2.077. If it breaks this resistance with strong volume and RSI confirmation, we can consider a buy position for spot and long-term holding, with a stop loss placed at the bottom of the box around 1.089.
💡 Recommendation: Before investing, I suggest researching the project further to understand if you can maximize your profit. The main trigger for the uptrend will be breaking 4.789, which will mark the start of a solid upward movement.
📅 Daily Time Frame Analysis:
For the third time, CAKE is testing the resistance at 2.055. This time, there’s a higher chance of breaking through because we’ve registered higher lows since 1.41, indicating a stronger upward trend.
Additionally, during this move towards resistance, volume has increased, and the RSI is rising above 70, which is another confirmation that we may break through the resistance. 🔗 Chart Analysis
⏳ 4-Hour Time Frame Analysis :
In this time frame, CAKE has moved up with the help of a parabolic trend, creating higher highs and higher lows. However, the size and number of candles are decreasing, showing signs of trend weakness. But remember, trend weakness alone doesn’t confirm a reversal.
📈 Long Position:
Our entry trigger is clearly set, and upon breaking 2.084, we can open a long position and aim for higher targets.
📉 Short Position:
This largely depends on Bitcoin’s movement. For a short position, we need a trend reversal or a break below the parabolic line and the support at 2.006.
💬 This wraps up today’s analysis. If you found this helpful, feel free to share it with your friends and leave a comment with your thoughts or any other pairs or coins you’d like us to analyze.
📌 These analyses are merely our ideas based on a chart that doesn’t follow strict rules. Technical analysis is an art, and these insights are not financial advice.
bullish 4h cake usdtcake usdt bullish fibo
that's my idea
if you have any question please let me know
Years of absense, like a student who perfects his craftI won't be sharing my trading secrets and strategy. But CAKE is looking to make a massive move up and with along side BTC. I believe we are in the beginning of a next bull market leg up with BTC and cryptocurrency. As long as you position yourself correctly, you can make some massive gains. I hope to see you at the other side of this long.
~Cheers.
Cake is going to PUMP over 10 Dollar Secound Wave to 25 Dollar After huge Stake selllings in the past year and Disbelieve now is a good Time to enter Cake is still a huge opportunity to buys. Pancakeswap will gain huge amount of Transaction. February 2025 we will see pricer above 25 Dollar, first Stop 3,66 October 2024
#CAKE/USDT ANALYSIS T:F - 3H#CAKE has continued its Bearish mood since the beginning of April 2024, buyers tried to push the price of #CAKEUSDT higher a couple of times, however, it looks like sellers are determined to offload!
If the Buyers can't break up above the resistance, which puts selling pressure on the top of the price, then we will see #CAKEUSDT continue its journey to $1.200. The price action could show us a few possible scenarios, please refer to the chart for a clear understanding.
Hit 🚀 & Share if you guys like my Crypto Pairs analysis.
#CAKEUSDT #crypto #analysis #thesoumyoroyanalysis
$CAKE short to $1.50
I really like this token, but until bitcoin and the greater crypto market can find its legs, BINANCE:CAKEUSDT (the native token for everyone’s favorite DEX) is likely to struggle and at least retest the $1.50 level.
300% Growth For Cake!I see a great retest to the remained fvg
Net result from several considering indexes signals a start of a huge bullrun...
CakeusdtHi.I think new bullrun is begun and cake is so super
bullish.pullback is confirm is confirmed.
CAKE PANCAKESWAP PRESENTS GOOD RISK REWARDBINANCE:CAKEUSDT is 100% away from this low. The TPs and invalidation level (stop loss) is clearly on the chart.
#CAKE: Strategic Entry on Support Breakout - Our Trade RationaleWe've decided to enter a trade on #CAKE/USDT after identifying a compelling technical setup that suggests a potential bullish reversal. Here’s a detailed explanation of our decision:
1. Descending Trendline Breakout: CAKE has been in a downtrend, confined within a descending trendline. Recently, the price has broken above this trendline, signaling a potential reversal and the start of a bullish phase.
2. Strong Support Level: The price has bounced off a strong support level around $2.20, which has held multiple times in the past. This increases the likelihood of a sustained upward movement from this level.
3. Volume Confirmation: The breakout above the descending trendline is accompanied by an increase in trading volume. This adds credibility to the breakout and suggests that the new bullish trend could sustain.
4. Bullish RSI Divergence: The Relative Strength Index (RSI) shows a bullish divergence, where the price is making lower lows while the RSI is making higher lows. This indicates a potential reversal and strengthens the bullish case.
5. Risk-Reward Ratio: Our entry point at $2.248 is well-calculated, with a stop loss set at $1.759 to manage downside risk. The target price is $5.381, providing an attractive risk-reward ratio for this trade.
In conclusion, the combination of a descending trendline breakout, strong support level, volume confirmation, and bullish RSI divergence presents a promising opportunity in CAKE. With a well-defined risk management strategy, this trade aligns with our overall trading plan. Let's see how this plays out!
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⚠️All trade ideas are published with a time delay. If you want to follow the trade in real time, please follow the link to our open copy trading account on Binance.
👉Our account with open trading, and all our other resources at this link:
https://linktr. ee/In_Trade_MLN
Cake usdHi everyone
this is not a financial, investment, trading, or other types of advice or recommendations
this is my idea
and its my art and way of seeing market today
trade with your plan
Alikze »» CAKE | Head and shoulder pattern scenario🔍 Technical analysis: PullBack to broken structure
- According to the analysis presented before, after touching the supply range, it faced selling pressure.
- It is moving in a downward channel in the daily time frame.
- In the last update, after reaching the 3.13 range, it faced selling pressure again, which touched the downward target in the range of 1.56.
- Currently, the level of 3.13 has returned as much as 100% of the previous wave.
- As can be seen, a head and shoulders pattern has been formed, which is confirmed by the break of the trigger line and neck line.
💎 Therefore, considering that it is located at the bottom of the channel, it can touch the target of 1.17 with pullback to the neck line.
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CAKEUSDT PancakeSwap 1W-TIMEFRAME ANALYSIS💥CAKEUSDT PancakeSwap 1W-TIMEFRAME ANALYSIS
💗Hello ladies and gentlemen
This is my new idea for 💥CAKE PancakeSwap
I hope my idea is clear
Support me by like and share thank you
Stay Safe💯💲💲💲
Good luck💰😍
papicoin long term strategy for pancake swap $caketrading view ideas
blessings to all sisters and brothers who search and work for consciousness, love and freedom.
for you who understand what is going on and see on crypto the opportunity to empower decentralized communities for decentralized power and wealth, i am glad to share my long term strategy on theses cryptos that I am willing to accumulate and hodl.
the green areas are the ones I will use to but and accumulate, the lower the prices the more amount of capital, of course.
in the blue areas I will be taking some profits, the higher the price the more I will distribute.
feel free to ask anything, i would be glad to answer, but I do not promise immediate responses, lol.
keep connecting to the vibrations and elevating the frecuencies for the human awakening by meditating, praying, celebrating and being the origin of love and harmony!
CAKE : buy in low Analysisfor CAKE/USDT
Author: ahmadarz
In this analysis, we are reviewing the CAKE/USDT pair. According to the provided chart, the price is at the lower support area of the trading range, and the entry point is specified.
Key Points:
- Entry Point: 1.943
- Target Prices (TP):
- TP-1: 1.966
- TP-2: 1.989
- TP-3: 2.014
- TP-4: 2.042
- TP-5: 2.087
- Stop Loss (SL): 1.917
- Explanation: The best position to enter a buy trade is in this support area. Target prices are specified sequentially, and the stop loss is determined in case the support area is breached.
Caption:
🔍 Analysis of CAKE/USDT: The price is in the lower support area of the trading range. The entry point is set at 1.943, and target prices are specified. 📈
Warning: This trading signal is based solely on technical analysis, and the trader is responsible for any decisions made.
CAKE looks bearishFrom where we placed the red arrow on the chart, it seems that the CAKE correction has started and wave A has ended and we have entered wave B.
Wave B is a zigzag diamond pattern.
We are looking for sell/short positions in the red range.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
pancake swap ready for 400 % profit (cakeusdt)hello dear trader and investors
this price action for cake with usdt pair and now cake in the QM bulish pattern after bitcoin retest supourt zone pancake collected liQ on the supourt zone
and fundamentally:
A multichain DEX PancakeSwap has recently announced a token burn event. As per the platform, the respective episode takes into account the burning of up to 9,039,859 NASDAQ:CAKE tokens with a value of up to $16 million. The company took to the social media platform X to disclose further details of this development.
9,039,859 NASDAQ:CAKE just burned – that’s $16M!
PancakeSwap Commences a Token Burn of up to 9,039,859 NASDAQ:CAKE Tokens
In its recent X post, the firm revealed that this burn event works as a part of PancakeSwap’s broader efforts. According to the platform, the current endeavors thereof focus on minimizing the NASDAQ:CAKE token’s supply and increasing its value. Apart from that, the post also offered insights into the trading fees. Additionally, it also discussed the activity across diverse sections of the platform.
In terms of trading fees, PancakeSwap noted that trading fees from Automated Market Maker V2 accounted for 89,000 NASDAQ:CAKE tokens. These coins had a value of up to $156,000, denoting a more than 9% change from the previous week. Nonetheless, trading fees from Automated Maker V3 accounted for nearly 71,000 NASDAQ:CAKE coins. This figure equaled the value of up to $124,000, signifying a change of -50% from the previous week.
Alikze »» CAKE | Dynamic trigger failure and pullback completionIn time 1W, after a zigzag correction, it will have the ability to rise to the targets specified in the chart by breaking the dynamic trigger and pullback to it by breaking the most important neck line resistance. According to the current motivational wave, this step can be fast. But its first supply zone will be in the range of 4.8 to 5.4 dollars.
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Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
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CakeHi friends
I have 1 idea for alt session and
In the chart 3 target
Target 1 yellow line
Target 2 orange line
Target 3 red line
Warning!!!This analysis is true for almost the whole crypto market, there is no other alt season, withdraw your capital at this point
