CAKE
🔥 CAKE Double Break OutWith BTC showing signs of bullishness, most of the crypto universe is seeing some nice gains. One of these coins is CAKE.
Fundamentally, this coin is a very decent investment. There's a very strong community and website behind this coin. Pancakeswap's exchange has some major potential in the long-term, making CAKE an even better bet on the future.
However, we're looking at mid-term price action now. Recently, CAKE has broken out of the triangle in which it has been trading since the major sell-off late May. At the moment, CAKE is about to break out of a ~2 month resistance, placed around $17.
Assuming BTC will continue the upward move, CAKE will follow on a leash towards the green area of resistance. I'll be looking to exit around there.
Happy trading!
CAKEUSDT Is Moving in the Bullish Channel
Welcome back Traders, Investors, and Community!
Hi Traders, CAKEUSDT on H4 is moving along the Bullish channel.
⬆️Buy now or Buy at 14.90
⭕️SL @ 11.88
✅TP1 @ 18.48
✅TP1 @ 24.86
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
ADDED to $CAKE NEW Target 59.88 for 21.31% $CAKE Target 59.88 for 21.31%
Or next add level at 42.71
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels… labeled
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
CAKEUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, we are in an upward trend. We have identified a support line for you, if the high price of the line is supported, we intend to be able to touch the above targets. If the price is not supported, it can penetrate below the support line.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🔥 CAKE Potential Long Term InvestmentCAKE has been on my radar for quite some time now. It has a lot of great things going on with their staking, lotteries and prediction game.
With Bitcoin falling, CAKE is becoming a better long term investment by the day. Assuming that pancakeswap will become bigger with time, CAKE will naturally follow.
I'm eyeing the red support area for a potential buy into a long term hold. Assuming my theory that the current bear market is a mid-cycle correction is correct, I'm expecting CAKE to perform much better in the future. That would mean that a sub $10 would be a great buy, right?
Happy trading!
$CAKE/BTC 1D (Binance Spot) Symmetrical triangle breakoutPanCakeSwap broke-out bullish, let's enter on 100EMA / descending Trend-Line retest.
Current Price= 0.0004450
Buy Entry= 0.0004228 - 0.0003888
Take Profit= 0.0005084 | 0.0005709 | 0.0006713
Stop Loss= 0.0003234
Risk/Reward= 1:1.25 | 1:2 | 1:3.22
Expected Profit= +25.28% | +40.69% | +65.43%
Possible Loss= -20.31%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 months
CAKEUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. The price is moving in an upward trend. As long as the price is above the green line, the price can move towards the targets. The trend is weakening right now and we have to wait for the price to go up
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
CAKE/USDT add to watchlistCAKE / USDT
Good to add for your watchlist
Price on weekly demand
Currently test some Trendline resistances
This not enough for buying
Would be interesting if we can have valid breakout with volume and candle closing
Losing of support = Dump
Make sure you follow risk managements in current market structure
Not a financial advice
Best of luck
🆓PancakeSwap (CAKE) July-7 #CAKE $CAKECAKE is approaching the $16 zone, which is a very strong resistance but with CAKE's strong volume, it still has a chance to break through and move towards the $18 and $22 zones in the next few days. If it can't break through this $16 zone it will correct to the $14 or $12 zone before rallying to the $18 and $22 zone.
📈BUY
🔴Buy : 15.6-16.4$ if A. SL if B
🔴Buy : 17.6-18.4$ if A. SL if B
📉SELL
🔴Sell : 17.6-18.4$. SL if A
🔴Sell : 21.5-22.5$. SL if A
♻️BACK-UP
🔵Sell : 15.6-16.4$ if B. SL if A
🔵Buy : 13.7-14.3$ if A. SL if B
🔵Sell : 21.5-22.5$. SL if A
🔵Sell : 13.7-14.3$ if B. SL if A
🔵Buy : 11.7-12.3$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
$Cakeusdt needs to beak $16 Mark $cake $BTC$Cakeusdt needs to beak $16 Mark $cake $BTC
looking good ,it looks like bottomed out for now. it it above 50 MA , and it is over the outter line flat Triangle and had make a corrective pattern and now it is out of that
if we break $16 mark with an Impulse move then it is going to hit $19 mark soon
$Cake is the PancakeSwap. it is an automated market maker (“AMM”) that allows two tokens to be exchanged on the Binance Smart Chain. It is fast, cheap, and allows anyone to participate.
LINK Rank:15
Marketcap: $8,974,028,293
Available Supply: 437,009,554
Max Supply: 1,000,000,000
USD: $20.6000
BTC: 0.00060211₿
ETH: 0.00885269
24h Low & High
$18.83|$20.53
0.00055442₿| 0.00060012₿
Vol: $1,141,691,011
ATH : $52.70
ATL : $0.1482
24h: 9.4% | 7d: 5.2%
30d: -25.0% | 1y: 283.6%