Cakebullish
Cake-USDT updateMid-line downtrending line supports... fib level is supporting too.. down trending line in 4h-time frame should be broken for ascending
CAKEUSDT(12H CHART) - Resistance breakoutCAKEUSDT (12H CHART) Technical Analysis Update
Resistance Breakout
CAKE/USDT currently trading at $20.3
Buy-level: Above $20
Stop loss: Below $16
Target 1: $24
Target 2: $28
Target 3: $34
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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CAKE - Important accumulation zone before being bullishThe price is trapped inside the 20 and 50 averages, this zone must be broken to confirm the trend (bullish or bearish).
Basically we continue with the same idea presented previously.
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER. You invited to share your vision in the comments. Thank you
CAKE - Precise as a Swiss watchWe need to break the bearish channel and the resistance zone to be able to go bullish.
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER. You invited to share your vision in the comments. Thank you
Cake-USDT updateAt the base of uptrending channel and near to mid of downtrending channel... higher prices is estimated...
My idea for CAKE/USDT in the coming days/weeksI can see a bullish flag on the CAKE/USDT daily chart: prallel descending channel after a long price explision.
No RSI or MACD divergence (higher highs on price and the latter 2 indicators alike) -> I expect no trend reversal, I am still bullish.
Strong confluence:
min/max price Fibonacci 0.618-level retracement aligns with
default daily Keltner Channel bottom.
Also a past resistance ($29.333) is almost touching these levels. Past resistance may act as support for this falling price.
Checking the 4-hour chart a bounce upwards may be imminent. If it breaks the upper channel level, it may go up to ~$54.
If I stick to the daily chart, I assume the price would go up to the channel top, bounce back to around ~$30-$31 then race up to break the upper channel level all the way to $53.
Also the Fib-retracement level 1.272 level is ~$54.
We will see how this works out.
Cake - Figure mutation - rectangular flagThis figure is a bullish continuation. Then, to think about a bullish option we must break the upper resistance of the rectangle . It would be dangerous if the 100 EMA is broken, since we would go to the floor of the rectangle . Approximately towards the 200 EMA .
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER.
You invited to share your vision in the comments. Thank yo
Ready For The Next Cake Party?🥞/Super Bullish/Previously on Cake:
- Just broke it's bull flag.
- Retest successful
- Rsi forming a good trend
- Follows Bnb and Bnb mostly follow BTC / BNB is very bullish moving up to $750/
Episode2
*Cake was resting in bull flag after the party!
*Hangover mode of the cake is going away!
*I fell bullish for the next few weeks.
*LET'S FIRE THE SECOND ROCKET.(There will be more rocket to fire)
It's always good point to buy cake but If you are looking a point to buy more just wait for few drawbacks to the up trendline and buy it! /Deff. Not financial advice/
Follow if you like and wanna see more updates on cake.
How bullish is the cake-🥞🥞🥞🥞🥞🥞🥞🥞🥞🥞🥞🥞🥞
Cake ATH DAYS ...CAKEUSDT
Cake 4h chart a big picture make you understand more!
$40 price is short-mid term price ( i think $100 maybe is ok :D )
THIS IS NOT A SIGNAL !!! just a simple analysiss
CAKEUSDT Next Target $50!CAKEUSDT (4H CHART) Technical Analysis Update
CAKE/USDT currently trading at $30.50
Buy-level: $30.00 - $30.60
Stop loss: Below $26.00
Target 1: $35.00
Target 2: $40.00
Target 3: $45.00
Target 4: $50.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
$CAKE: Great buying opportunity Cake has been holding it's support at $19 as Bitcoin has been dropping to $54-55K. Yesterday it hit the support trend line and bounced straight up to $25 but it has now dropped back down and held a strong supporting price. I see $CAKE consolidating for maximum 7 days before it exits out of the triangle and hitting a new ATH.
Take profits at:
$TP1: $25
$TP2: $27
$TP3: $30
Hopefully this helps you and your crypto endeavours.
Cake looks Bullish !!Cake/usdt Had an amazing run a few days ago over 70% pump which was tremendous .1 personally can see cake at 30$ before may,Futher a Cup and handle confirming it gives us more confidence in it . We could also Presume it as a Bull flag. And the target would still be Astronomical.i would like to see the breakout of the neckline In the next few days.further btc dominance falling into new lows adds to the hype.
Fundamentally speaking Cake has a circulating supple of 150M Price 18$ Uniswap 500M price about 30$
Also with ethereum Scaling solution Layer 2 being postponed for July could give room for dexes like pancake swap room to grow.
I hope you all good trades
Do your own research none of this is financial advice
Cheers!
possible 39% gain in 10 daysCake has gone through the biggest hurdle now and did really good when almost every coin dropped 5-10% last evening. It seems that their is a high probability that cake reaches around 40% gain coming days. Good money, especially if you stake cake with 250-300% apy. measurement from current point until highest resistance point is 39%.
Pancake Swap ($CAKE) Buy Zone Around $10.65 With BTC CorrectionI'm starting to get more bullish long-term on Pancake Swap and would love to grab more tokens in the range of $10.65-10.75.
This one will take off once we get out of this correction with lots of good news and they are taking their coin inflation seriously.
With more tokens going over the Binance to reduce fees for buyers, Pancake Swap is quickly gaining market share.
Pancake Swap ($CAKE) Consolidating Before $14.60 TargetPancake Swap ($CAKE) is in a great spot to buy on the low end while it bounces between $12.80-13.55.
I'm looking to sell about 75% each time it hits $13.50 and then buy back in at $12.85. I like to have a bit of cushion as I've missed out on trades by pennies trying to get exact.
Look for it to breakout over the next few days to reach my price target and previous resistance around the $14.60 mark.
CAKEBUSD 4H-TIMEFRAME ANALYSIS✨CAKEBUSD 4H-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for PancakeSwap CAKEBUSD
I expect the price to move higher...
I hope my idea is clear
Support me by like and share
Stay Safe💯
Good luck💰
