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CAKE

CAKE, the trendline BREAKOUT! Is PUMP still possible?PancakeSwap(CAKE) broke the trend line and tested it as support. This shows the strength of the buyer, but at the same time the volume has not increased. So, a local dump with a false breakout is possible, after which it is ok to open a long position with a profit risk of 1:5 or more! Large volumes in the fall of the price show that someone has accumulated a position, therefore a local PUMP is possible. Targets: 1. $9,20-9,40 2. $9,75-10 Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
4
💡Don't miss the great buy opportunity in CAKEUSD @PancakeSwapTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (6.33). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CAKEUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 74. Take Profits: TP1= @ 7.24 TP2= @ 7.72 TP3= @ 8.59 TP4= @ 9.99 TP5= @ 11.11 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BINANCE:CAKEUSDLong
by ForecastCity_World
7
💡Don't miss the great buy opportunity in CAKEUSD @PancakeSwap Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (6.33). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CAKEUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 74. Take Profits: TP1= @ 7.24 TP2= @ 7.72 TP3= @ 8.59 TP4= @ 9.99 TP5= @ 11.11 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BINANCE:CAKEUSDLong
by ForecastCity
2
$CAKE´s road back to $10So it seems $CAKE has woken, finally, a bit. Well I´m falling short: The Pancake Swap token has seen a horrible $5 figure lately (all time low!) and being back in a $9ish track is no small thing for holders/stakers. We were in a pretty neat uptrend channel up until March 22nd morning (10am more precisely) when bitcoin made a bold correction downwards dragging everything crypto with it. Interesting enough, $CAKE attempted to regain such channel but ending up rejecting the $9.5825 level on April 1st, 16pm. Thereafter it was a swing low only stopped by Fibonacci 0.618 (approx. $8.78-80) and .... Voilà ! A new cloned parallel channel was formed, identical to the prior one. That´s where we are right now. Expected oscillation is between 9.89-9.2859 finally leading to a long-waited $10.17 value (perhaps on the 4th of March). We all hate mondays but... Keep tuned for more CAKE news!
FTX:CAKEPERPLong
by Ivanbole71
CAKE COIN - Update ✅CAKE rejected the 5.50 - 6.00 price area as we expected in the previous analysis, from a technial perspective we are from there in a bullish market strucutre. Price shifted the strucutre from bullish into bearish somewhere around 7.0$ where it broker above the last high with a huge momentum. The long-term targets for CAKE are around 11.50 where we have a bullish imbalance. This should happen in the future, but i will wait for a retracement somewhere around 7.50 / w1 imbalance and then enter LONG TRADES from there What do you think ? Comment below..
Long
by AnonimFXRO
9
💡Don't miss the great buy opportunity in CAKEUSD @PancakeSwapTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (8.55). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CAKEUSDT is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 62. Take Profits: TP1= @ 9.60 TP2= @ 10.38 TP3= @ 11.59 TP4= @ 12.66 TP5= @ 13.48 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BINANCE:CAKEUSDLong
by ForecastCity_World
2
💡Don't miss the great buy opportunity in CAKEUSD @PancakeSwapTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (8.55). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CAKEUSDT is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 61. Take Profits: TP1= @ 9.60 TP2= @ 10.38 TP3= @ 11.59 TP4= @ 12.66 TP5= @ 13.48 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BINANCE:CAKEUSDLong
by ForecastCity
2
CAKE/USDT Pancake swap token technical analysisCurrently CAKSE/USDT is heavily undervalued in my opinion and it is currently test marketing at its current level, if breaks out thats a perfect time to buy if it drops down to bottom support that would be even better to make more profits!!! White line = current support Red line = current resistance Yellow line = future resistance Orange line = future strong resistance Cyan line = future resistance Green line = top resistance Not financial advice do your own research i just post trades that i do myself!!! BINANCE:CAKEUSDT
Long
by glebfomin6
2
Fat traders love CAKE - CAKEUSDDear traders, Intro: My name is Hugo, I am 25 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only. PancakeSwap (CAKE) is a decentralized exchange built on the Binance Smart Chain (BSC). Since 2021, the platform was the largest automated market maker (AMM) on the BSC network, with over $3.76 billion USD in staked assets. The popular DEX facilitates token exchanges, staking, and yield farming. Besides the fact that PancakeSwap is a huge player in the DEFI scene, the charts looks amazing as well imo. I am buying when it breaks the green line to the upside and retests (swing failure // S/R flip). Target is in the chart. Goodluck, Doctor Hugo
BINANCE:CAKEUSDLong
by Doctorhugo3
1