CAKE
Get that Cake - Long on CAKETime to get that cake
Long on CAKE perp
Conditions :
- broke out of range
- wait for retest to previous resistance
- determine a rebound and long from there
Target :
The 200 EMA on the 4H confluence with previous supply zones
CAKE, SPECIAL SCENARIO...!The pancakeswap exchange is getting stronger and also its token (my favorite) is getting more valuable. Never miss it...!
Cake 1W Chart reversal CAKE 100% correction, located at the bottom of the Bollinger Bands. Stochastic RSI starting to show bullish divergence. Previous week closed with an inside bar.
CAKE 🍰Completely bullish on CAKEUSDT
Bat Pattern formation
Prime entry point is 11.25
Risk : Reward
1:23
Trade safe
🔥 CAKE: Is The Dump Finally Over?The last time that I looked at CAKE was around a month ago. Here I argued that CAKE was one of the weakest tokens on the market currently and that more bearish pressure was mounting.
Since my previous analysis, CAKE dumped even more and reached the area around the all-time lows since trading on Binance. Historically, this area of strong support has caused huge reversals for CAKE.
With CAKE seeing a new reversal from said area, there's a decent chance that we're going to see more bullish price action in the coming weeks.
Target for the current move would be the top resistance of the triangle, around $16.
Happy trading!
Cake - can go up one of the best DEX ,
crossing the descending line ( yellow line ) ,after pull back it is on top of the fibo support line ,
I think it can go up under normal conditions , keep in watch the BTC chart and Pay attention to the news .
CAKE ( Pancake ) is at Major Support LevelCurrently pancake (CAKE) is trading at its major support level.
This support level is very crucial for the CAKE to hold its double digit price.
In the past this support level acted as bounce back price for pancake.
If you are planning to add some CAKE to your portfolio then this is a good time buy and if the price goes lower then probably you can do DCA after that. You can also get 70+% APY by staking CAKE at pancakeswap exchange.
Stay tuned for more updates.
cake long term setupLong term setup for $Cake
1. Recent token burn - few days back
2. Increasing dex volumes
TA + FA all good
Keep in mind of maintaining stop loss and risk management in ccase of setup fail
CAKEUSDT-SHORTThere is a short position in CAKEUSDT Cake
CAKEUSDT Cake
🔴Short Now or set on Key Level 12.75
🟢Target 1 11.85
🟢Target 2 10.90
❌Stop loss 13.05
#K_Level
CAKEUSDTPossible scenario of CAKE.
Keep an eye on it.
🔴 Monthly
🟠 Weekly
🟡 Daily
🟢 4h
🟣 30m
No financial advice.
Have a nice day!
CAKE will feed us with 2 Trades !the cake is the best dex and has very much volume on Binance smart chain!
It will be excellent in 2022!
But here; we have 2 logical strategies and low-risk trades!
First; we should enter after a red daily pullback and take profit until upper area ...
Then; we should wait for our second trade and watch that when the upper area will nicely break with the great green daily candle!
And we can enter it on the pullback and be with it to the previous price and next ATH ...
$cake - Daily timeframeDear Friends
In daily time, I wait for the trend line to break up.
We are in this area for ten days and it has been supported and the price has been maintained.
$cake Analysis $cryptocurrencyDear Friend
The candlesticks are weak during the weekly period, and with the current situation, if the candlestick closes in the same way, I expect to return to the support and stabilization area in this zone, and then return and climb to the upper areas.
Resistance: 12.5 - 13
Support: 10.20 9.4
But it is still too early to make a final decision and we have to wait until the weekend.
In daily and weekly time, we have dynamic and static resistance and support, which is shown in the picture.
Disclaimer: Information is provided only for educational and exchange purposes only.
Do your research before taking any action or decision in the real market.
CAKEUSDT-SHORTThere is a short position in CAKEUSDT Cake
CAKEUSDT Cake
🔴Short Now or set on Key Level 12.75
🟢Target 1 11.65
🟢Target 2 10.95
❌Stop loss 13.15
#K_Level
CAKECAKE
Then pullback can be a good option.
Friends, this signal is not a buy or sell, and it is just a personal analysis, so before taking any position, check yourself and do not forget the loss limit.
CAKE should not break below current volume supportCAKE should not break below current volume support.
There is a huge lack of volume below what can lead to a fast down movement, if this volume support does not hold.
A confirmed breakout of the price and volume resistance in reverse would finally lead to new ATHs.
What do you think about that? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
BTC Trend Line December 14Bitcoin Need To Break 51065 Trend Line And Next Major Resistance 52300$ Break If 52300K Break Line Then We Can See Bullish Trend In Bitcoin, Main Reason Bitcoin Down From Top Trend
1: Over Bought
2: Omicron Variant
3: India
4: Extream Greed
CAKEUSDT-LONGThere is a long position in CAKEUSDT Cake
CAKEUSDT Cake
🔵Long Now or set on Key Level 11.40
🟢Target 1 12.45
🟢Target 2 13.30
❌Stop loss 11.00
#K_Level
bull run is a little fari think bull run is a little far from cake and the following pattern is probable
Cake Token Powerful Support ZoneThe Strong Support Zone: 9.7$ To 10.7$
This is a Big Signal for buying this Token.
We hope Price has reacted to this support zone.
you can see the analysis chart.
