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
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.
$CAKE updateCake has just broken out of its 3 month descending wedge.
This is just the start of NFTs and play to earn games on BSC.
Weekly cake tokens burns making the asset deflationary will ultimately result into massive supply shocks.
CAKE; buy or sell?CAKE has been consolidating nicely at around 20 areas.
I think this area for CAKE is a solid foundation and the price will have a HUGE pump soon.
With recent BNB's price action I wouldn't be surprised to see CAKE touching its ATH but more realistically it first has to push to 23-26 resistance zone and then break out of that area. Keep on staking!
Cake on rocket 🚀🧑🚀BINANCE:CAKEUSDT
Keep eyes on it 👀🕵️👁️
Don't forget Financial management and step
by step purchasing 💹💰💵💲
Please fallow me 🙏🥺
Please leave comments 🗨️💬
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CAKE/USDT : Break above the trendline, important CME gap on BTC!BINANCE:CAKEUSDT | CME:BTCX2021
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
#CAKE has broke above the bearish trendline and the lower support zone has showed a stiff support.
MACD is gaining bullish momentum on histogram and it looks like that we'll face a bullish continuation after a retest on broken level !
The higher resistances will be :
- $21.06
- $22.85
- $25.88
- $31.50
- $38.30
The lower support zone can be used as 2nd entry if we saw any developing candle on it and the SL can be placed below it...
🔴 Based on higher data, The invalidation of the bullish bias will be a hold confirmation below the zone !
📌 Huge gap formed at ~61000$
FYI: ±90% of CME gaps are filled sooner or later.
Keep this in mind.
We hope it won't be filled 🙂
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
cake could reach its ATH ?! sure !!!as you can see cake has broken the resistance trend line and retest it . i buy it personally at retest but for more confirmation you can buy it after breaking the daily resistance line that i determine on the chart
PancakeSwap After orange box breaking I expect first red box
( supply zone and top of blue channel)
Second red box is long term target and
according to the market situation It should be check.
Because of Bitcoin fluctuation,
If we lost 16/4 $ by 4 H candle I will leave out of the position
and I will buy more in green box,
thats a powerful demand zone
cake bullish break above resistance 3rd time and holding- cake breaking resistance for 3rd time, showing significant bullish momentum
- this is also supported with on chain analysis-
- TVL at 79.31 %
- top 3 wallet holding cake liquidity providers currently at 23.27 mill cake, couple days ago at 24.76, so with increasing supply price going up shows demand is there and charts are pointing to this------ BULLISH!!!!
- make sure to stake directly on pancakeswap- this will reduce the chance of exchanges making commision and selling down! therefore we'll see much higher prices sooner!!
