CAKE! great bullish zoneIt's time to move the cake.
The downtrend line is broken.
The pullback is also completed.
We seem to be seeing good growth until the first target.
The analysis will be updated later.
CAKE
$cakeCAKE/USDT
🌳 BUY ZONE 1 : (17.3 - 18.3)
🌳 BUY ZONE 2 : (15.5 - 16.0)
🎯 TARGET on the chart ( 100% )
⚠️ NO STOPLOSS
btc usdt hourly chartBitcoin Consolidation Continues, Avalanche Touched $100, Breaking New ATH (Market Watch)
Following the past few days of enhanced volatility, bitcoin has calmed around $64,000. Most alternative coins have also remained untypically stagnant on a 24-hour scale, with the apparent exception of Avalanche, which went on a roll and registered a new ATH.
Bitcoin’s Consolidation Rolls On
Last week was going quite well for the primary cryptocurrency as it had recovered from its dip to $60,000 and went on to chart new records. It broke the October peak of $67,000 on Tuesday and did it once more a day later, with the latest ATH standing at $69,000.
However, it couldn’t continue north. Just the opposite, it slumped by $6,000 in a day and dropped below $63,000.
The asset bounced off initially and reclaimed $65,000 before another price decline drove it to a weekly low of just over $62,000, as reported yesterday.
Since then, BTC has recovered some ground and touched $65,000 a few hours ago. However, it failed to remain there, and another multi-hundred dollar retracement has driven it to just over $64,000.
CAKE/USDT: Daily Timeframe, Traget is $114 end of the year The cake is at its most critical time. CAKEUSDT daily chart forms a triangular pattern And it fluctuates between two important Fibonacci levels for more than 2 months. If cake breaks triangular pattern upward, Targets are $31 and $44
If the bitcoin reaches $100,000, CAKE can reach $114
CAKE/USDTOn a daily TF, the price floor of CAKE can be around $17, and you can enter at this price. The price is in the range, and it is at the bottom. If the market grows, the targets are $20, $23, and $26.
CAKE has high potential to grow, just buy if...!Hi dear followers, CAKE token is undervalued in my idea and there is a big move ahead for this token.
At the moments this token is completely in a downtrend as u can see, There is possibility for more falling before going up.
Where is the best place to buy?
If you want to buy this coin, The most important thing is to wait for breaking up the downtrend trend line. Buy after breakout and re-test.
ATH is easily in access for this coin and until end of the year.
Cake is ready for next leg upCake is moving in a parallel channel and is at the bottom of the channel, best spot to buy. This will go back up $50 soon.
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.
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.
Pancakeswap Long term analysisThe piece of cake is ready to be eaten. Do not let it go!
Cake should be involve with trend line for some time.
PLEASE #DYOR
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/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.
Buy some Cake, Nov 8CAKEUSDT downward trend is broken
I expect another Higher High somewhere around $30
You can see all the important resistances on chart
Why Cake isn't making big moves?Cake is now stuck in a barrier triangle ending Wave e at the top of the triangle (pink lines) means a downward move before bouncing upwards.
Reasons why we aren't seeing Cake making big moves.
1. Short Wave ii
2. Extended Wave iii
3. Hidden RSI divergence
Do note there might be a possible truncated Wave v as there has already been an extended wave iii.
Not financial advice. Only meant for educational purpose. All price actions depends on BTC hence, possible invalidation of my analysis. Please trade at your own risk.
