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...
#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 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...
The ratio of Cake to Binance Coin can grow up. Cake/BNB : Target 0.1
NASDAQ:CAKE broke through the short term ascending trendline after rejection at major resistance areas. Decline to support level at $1.41 is likely to happen.
📉 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..
📉 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..
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
💰 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..
Hello 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...
$CAKE is testing a strong support level. After the bounce off the level, bullish movement to the resistance level at 7$ is likely to happen.
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...
I 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...
Helloooo 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...
Cake went down over 70% this year! I think we are very close to a breakout! If you have any feedback about the chart pls feel free to tell me:) MY IDEA ONLY NOT A FINANCIAL ADVICE!!! Love Yall :)
Cake is near bottom. Wait for the 3D to turn up. W TF there will probably be Adam pattern forming. Sharp V coming.. Not Financial Advice. Do your own research.
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...
Given that BNB is so close to ATH , You can buy here cake for the specified targets if it breaks the trendline.