CAKE
CAKE/ Tether Trendline BreakoutCAKE/USDT Trend Continuation Trade.
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Everyone is lining up for CAKE!Despite the BTC flash crash CAKE continues to look very strong.
CAKE had a small hiccup when the sell offs happened but quickly rebounded and appears to be back on track.
You can see in the Volume indicator there was strong buying pressure leaving CAKE mostly unscathed during the crash.
It has made it's way back up to the previous trend line and looks like it will not be stopped as it heads towards it's next target of 33.80.
BINANCE:CAKEUSDT
Bullish on CAKEIn my personal opinion, $CAKE could go up to 37$ in mid-term.
As we can see, even though the market dropped we touched the bottom line of the parallel channel and now we are riding the reversal patterns.
Pitchfork is showing us going straight up through fibonacci levels. We should withstand the support line and aim for the middle line of the parallel trend channel.
In case we fix in the middles, there is a high probability of us touching the upper side of the channel, which could lead up to 37$ level.
Goals: 24.7 - 26.7 - 28.3 - 33.7 - 37
SL: 21.2
CAKEUSDT Hello to you all. Mars Signals team wishes you high profits at all times.
We have drawn a green line as a support for you, where the price has been well supported, and with regard to the token burning of this currency, if the resistance line is completely broken, we will buy it for the above targets.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Pancake - CAKEI'm buying some cake on the breakout of this falling wedge.
Cake and the defi market is only getting stronger. Pancake is a great swap site with lots of hidden gems. Good burning & good utility.
CAKE/USDT : Breakout confirmed BINANCE:CAKEUSDT
Hello everyone 😃
CAKE had a breakout from it's bearish trendline and now it's holding above it.
Also It passed MA 100 & MA 200.
CAKE already bounced enough..
It needs to retest bearish trendline for healthy growth !
📌 How ever there is a resistance, Which lead CAKE for retest anyway...
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
CAKE Price Trend AnalysisI graphed trend lines - one based on the all time lowest low, then lined it up with the recent 2nd swing low in mid April. I did the same with the previous ATHs.
Please give me any feedback or critic, as I would love to hear from another experienced trader. Should I have connected the lower trend line to different swing low, or was my positioning accurate?
CAKE longThe trade is pretty obvious and shown on the chart.
I personally bought a $CAKE spot bag.
Very clean s/r levels being flipped with a strong up-trend.
I see this go to at least the listing wick.
Long your longs.
Cheers.
CAKEUSDT Enjoy 🚀🚀🚀This is not financial advice !!!
CAKEUSDT look good and he have opportunity to pump )))
CAKE / USDTCAKE is off the 21.5 support and moving up.
Forming Cup and Handle on the 4 hr and 1 day charts.
Major resistance would be at 30$ (previous ath, also a psychological level).
Potentially targeting 40$ area.
BTC in the next daysBTC has two pathways to reach another peak, either breaking now and bouncing around 68k, or maybe we are taking a longer path to reach even higher levels from 80k to 120k.
Just manage your risk well and always take profits along the way. Have a good one and stay safe.
I am also considering entering shrimpy.com to manage some portfolios and allow other traders to copy my portfolio, let me know if that could interest you.
cake target 28 $cake was completed cup and handle at daily also cake has a golden cross 1h this is not investment advice
CAKE - Am I crazy?Short term targets are easy to reach. The long term target price could pus CAKE between 100 and 130$ in my opinion. Let's see the next Fibonacci of May/June crash what will tell us.
Cheers to those have eaten CAKE! @SmileyTradesHello Traders!
We have finally met our Macro degree Target! A big congratulations to those who took this trade with me.
I must say, it's been a trade with bottom entries and top targets! It's been ~250% in price gains from Entry to Target! Great trade.
I've included what's next for CAKEBUSD on the chart. Pay attention to how price begins to consolidate after the Target has been met; it will tell you how bullish/bearish it is.
Key levels on the chart!
Happy Trading, always manage risk.
Quality in trading is the ability to react to one's own psyche
Always going back to the trend...Always going back to the trend... At 30 there will be a big wall to break.
