CAKEUSDT | Massive Upside PotentialThe blue box on the chart represents a potential demand zone, where buyers might be stepping in to accumulate CAKE tokens. This area often indicates a region where the price has previously shown signs of strong support or reversal, suggesting that buyers are willing to purchase aggressively at this level.
Key Observations Supporting Buyer Accumulation:
Volume Increase in the Zone: A noticeable uptick in trading volume within this zone suggests active participation, likely from buyers. Increased volume at such levels often confirms accumulation.
Price Rejection Wicks: If the candles show long wicks rejecting lower prices, it indicates that selling pressure is being absorbed by buyers.
Historical Significance: If this blue box aligns with a previously tested support zone or a Fibonacci retracement level, it reinforces its strength as an accumulation area.
Market Sentiment: Look for signs of a broader market recovery or bullish sentiment in the overall crypto space, which could encourage accumulation in CAKE.
Indicators Alignment: Tools like RSI being in oversold territory or bullish divergence can further confirm that buyers are gaining control in this zone.
What to Watch Next:
Breakout Confirmation: A strong bullish candle breaking above the resistance of the zone confirms the buyer's dominance.
Retest of the Zone: If the price revisits this area after breaking out and holds above it, it solidifies this zone as a demand level.
I keep my charts clean and simple because I believe clarity leads to better decisions. Trading doesn’t have to be overly complicated, and I enjoy sharing setups that have worked well for me.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. It’s all about learning and growing together as traders, and I’m here to share what I see.
The markets can confirm what the charts whisper if we’re paying attention. I hope these levels help you as much as they’ve helped me in the past. Let’s see how this plays out!
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CAKEBNB
Signal for CAKESignal for CAKE/USDT 🎯
Entry Point (Buy):
📉 1.912 - 1.930
This is the suggested buy range based on support and the ascending channel.
Take Profit Targets (TP):
🎯 TP-1: 1.929
🎯 TP-2: 1.952
🎯 TP-3: 1.974
🎯 TP-4: 2.000
Stop Loss (SL):
❌ 1.895
If the price breaks below this level, it's recommended to close the position.
🚀 Summary:
The price is in an uptrend inside an ascending channel, and entry at the current support levels could lead to potential profit if the targets are hit. If the support fails, the stop loss will limit the downside risk.
CAKE : buy in low Analysisfor CAKE/USDT
Author: ahmadarz
In this analysis, we are reviewing the CAKE/USDT pair. According to the provided chart, the price is at the lower support area of the trading range, and the entry point is specified.
Key Points:
- Entry Point: 1.943
- Target Prices (TP):
- TP-1: 1.966
- TP-2: 1.989
- TP-3: 2.014
- TP-4: 2.042
- TP-5: 2.087
- Stop Loss (SL): 1.917
- Explanation: The best position to enter a buy trade is in this support area. Target prices are specified sequentially, and the stop loss is determined in case the support area is breached.
Caption:
🔍 Analysis of CAKE/USDT: The price is in the lower support area of the trading range. The entry point is set at 1.943, and target prices are specified. 📈
Warning: This trading signal is based solely on technical analysis, and the trader is responsible for any decisions made.
#CAKE/USDT#CAKE
The 1-day bearish channel was broken strongly to the upside
Supported by stability above the Moving Average 100
It is supported by a rebound from the green support area on the chart
This support area was adhered to well
We also have a positive divergence on the RSI indicator
Entry price 2.82
First goal 3.04
The second goal is 3.30
Third goal 3.60
#CAKE/USDT#CAKE
The pair has been moving in a descending triangle since April 2022
The price broke the upper border of the triangle
Supported by the momentum of the Moving Average 100 that is about to be broken
Oversold on MACD
It is expected to break the Moving Average 100, heading toward upward targets
The price now is 20.2
The first goal is 90.4
Second goal 9.30
Which represents 400% of the current price
Support and resistance points must be taken into account as there are possible corrections that may take some time during the rise
✅Thank you, for more ideas, hit 🚀 and follow 🤝🛎!
CAKE LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on CAKE as price shifted the market strucutre from bearish into bullish, price reversed to fill the bullish imbalance and from there we have a clear area into 12/14 price area where price has a lot of price inefficiencies that should be closed.
What do you think ? Comment below..
CAKE LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on CAKE as price shifted the strucutre from bearish into bullish making (bos move) price retraced back into the W1/D1 imbalance and from there we can see a push towards bearish orderblock area on the D1. Market Sentiment in crypto for now is in a EXTREME FEAR meaning there is a good buying opportunity.
What do you think ? Comment below..
CAKEUSDT (4H "LONG" 25%-50% PROFIT SPOT)Targets are : Short Term $7.15 - Mid Term $8.3 - Long Term $10
Reasons for long :
Huge volume !
Huge engulfing !
Ressistance breakout
Avarage true range
for sure there would be corrections dont get panic
if you buy it in spot market no need to use stoploss
GODBLESS
CAKEUSDT LONGS 💰💰💰💰 Expecting bullish price action on CAKEUSD as price shifted the structure from bearish into bullish making a BOS (break of strucutre) move, i think for now we will see a retracement move then the price will go higher to fill the BIG BEARISH IMBALANCES aka price inefficienies around 10.23
What do you think ? Comment below..
CAKEUSDT This route can be happenHello everyone
Cake is one of the most powerful token of defi exchange that can be have a campaign with Dydx in future
According to the chart and to the trend of market , you can see the market is moving to have some correction and need to recovery itself then its ready to continue the route as the trend wanna go .
This route that we can drwan on chart it can be the movement of the price to re-test again the support zone in the bottom (Blue box) and until the price is not broken the second key point level the trend is moving in downward and when this key point is broken the trend can be change to the upward.
If you wanna take position and buy or sell, check the chart with your own analysis and use your own strategy
Previous analysis :
Good Luck
Abtin
CAKEUSDT, Finally we made it Hello everybody
Did you check event of today ? Did you check unemployement rate ?? Do you know how you can analysis when the news coming ??
If you want to learn Fundamental & Technical analysis send us messages ---> Our id is in profile
According to the last analysis we shown on chart that the price was making a triangle and we need to break it and then wait for the pullback and trigger for entrance then you can take position and buy, at this time finally we have candle stick pattern is making after broke and its morning star.
According to the pattern we can buy some part in here in this price and put our SL and the below of the pattern and wait until the target that we shown reach.
Good Luck
Abtin
Longshot on BSC Defi token CAKE via BNBI think Pancakeswap is worthy of a small capital allocation at this time considering it has been about 2 years of steady bleeding. Swapping a bit of BNB right here. Already have swapped lower and have a tiny amount farming at 40% apy in the CAKE-BNB LP (staking). Bought a small position of roughly 10 CAKE to just hodl at current prices. Looking to just keep it for the next 6-12 Months. Small play, nothing too serious. First impulse higher over the last couple of weeks might be a preview for a longer term price appreciation on the pair. Looking to add some fundamental analysis on CAKE in the next few days and will update with comments.
Possible upside target 0.05+ from 0.0235 (today).
CAKEUSDT , We are in bottom of historyHelloooo everybody
According to the chart that we shown everything , the price is currently is in bottom of history and is in heavy support zone that we expect the price can range and support from here
We wanna to publish this idea in one of the community that ... is secret :D :D
You can buy one part of your capital in here and wait until the target reach
Previous analysis :
Good Luck
Abtin
CAKEUSDT , We should sell now because ...Hello everybody
According to the chart we shown it , we are in downward trend and we had fall down price suddenly but the momentum of the movement is becoming weak to fall more and more , we had breakwave and now its seem the correction of the break wave is done and ready to retest again the bottom that made .
CAKE is one of the most powerful token in DeFi base , and use BSC and BNB for trading , Do you know what does it mean ????
Dont forget use stop loss and observe money management
Good Luck
Abtin
CAKEUSDT ARE YOU RDY ?🧨🧨🧨It is a decentralized exchange for a year that their voice has risen in the crypto community.
All these exchange offices do their best to be able to have a good ranking in this group.
Pancake Exchange is one of these exchanges and can give a good profit to its shareholders, but we who are not shareholders are traders and in any case we get our profit from this currency code.
We are traders and all 😂😂😂
$Cake to 30 $ USD?Cake has a build-up period of 65 days and a triangle has formed. Assuming bitcoin continues to rally up, the triangle is targeting $ 22, $ 26 and $ 30.
Otherwise, if cake falls below $ 16.90, the price action will take Cake to support the bullish channel at $ 15.
Take your forecasts, I am currently still doing cake staking
CAKE - TRADE SETUP - LIVE TA$CAKE has been in accumulation zone for so long now and it this video I have discussed why I think CAKE is going to give massive gains in the next few weeks!
The best entry is at the market price till $18 and the targets are mentioned.
I have gone through each and every details and have done all the analyses so you guys can copy the idea and learn it from my strategies as well :-).
If you liked this video guys make sure to give a thumbsup and share :-)