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.
CAKEBUSD
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: bull-trend📊Analysis by AhmadArz:
🔍Entry: 2.723
🛑Stop Loss: 2.612
🎯Take Profit: 2.489 - 2.998 - 3.161 - 3.439
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
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CAKE: by break trend=line📊Analysis by AhmadArz:
🔍Entry: 3.987
🛑Stop Loss: 3.859
🎯Take Profit: 4.114-4.185-4.265-4.334
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💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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#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
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Delicious Cake ❤️❤️Thanks for boosting 🚀 and supporting us!
📈Optimal entry for a broken price is $2.371 on the trendline, and similarly, entry with the activation of a position on the broken sresistance is $2.5154.
📊 (Buy) : 2.371
🔴 Stop Loss : 2.067
🎯 Take Profit : 3.120
🔗 For more communication with us, send a message in TradingView.
PancakeSwap CAKE - The Road to $150PancakeSwap is the place you trust when it comes to swapping your AltCoins.
Its symbol: CAKE ( CAKEUSD , CAKEBUSD , CAKEUSDT ).
If you take a look at this one, it's a no-brainer.
Things are looking up.
Although the Crypto Markets have been smashed lately, the Sun will shine on almost all projects.
And I intend to be ready. Got myself a portfolio and adding gently to it on most big dips.
HODLing requires patience, but time passes anyway, so might as well do something with it.
My next buying point is: $1.2 .
So, let's ramp things up with some awesome CAKE Trade Idea.
CAKEBUSD Technical Analysis:
* Elliott Wave Impulse: Cycle a (white)
* A-B-C Elliott Wave Correction: Primary A-B-C (red)
* Ending Diagonal in Primary C (red)
* Bullish Divergence
* 88.6% Fibonacci Retracement
* 61.8% Fibonacci Extension of Primary A &B (red)
* Demand Zone
* Double Bottom
Early '23 I'm expecting a start of a greater cycle.
Good luck HODLers!
Cake’s Bus to the underworldBelow you can check Cake’s Bus Stops on its way to the “underworld” of tokens.
Who knows if it can be saved at this sad point.
Sad story.
Good times are now long gone.
CAKE´s potential reversal zone @ $1.77 and "Achilles Last Stand"So here we are with NASDAQ:CAKE , not only did it enter the death zone but it also went "deep into it".
We made lower lows and thus decoupled from the rest of the pack (bitcoin, ethereum, bnb, even solana!) which is correcting, yes, but did not invalidate the - for the time being- end of the bearish trend that begun showing its teeth back in may 2022.
Where do we stand?
In my Eliott analysis, NASDAQ:CAKE is (or could be) finishing a wave 5 of 5 of C (the greater ABC correction).
I expect the target for a potential reversal to be a 1: 1.618 Fibonacci of this last 12345 wave, namely $1.777
It could even go as far as $1.50 and still rever (look at the October 2020 weak support at that level).
If it happened to fall from such a cliff...Achilles Last Stand would be @ $0.45 cents.
From there... twas´nice to meet you NASDAQ:CAKE :(
Short cake to 1.34$ and 0.65 $Hello investors of cake.
Cake befor all time high nice position for buy in the price 1.34$ and 0.65$
And new ATH in 2025 dont worry this project is powerfull and future of the exchange and CEX killer.....
Short
Entry 2 $
Target 1
1.34$
Target 2
0.65 $
Please full of bag in the 0.65 for next bullrun to be rich person.... I promise u.
CAKEUSDT Heading South in the short termAfter the downtrend being broken on Jan 24th, the upside move was able to penetrate the closest relevant level (4,08 USDT-4,32USDT) although it could not hold it.
Such short term weakness leaves a clear path down towards 3,13/3,30 USDT level.
3,46 USDT will be a key level to hold for bulls as it would open the possibility of having HHs and HLs.
5,5 USDT is still THE LEVEL to go 100% bullish on Cake.
PancakeSwap CAKE price is trying to break up from downtrendThe CAKEUSDT price has been in a falling trend channel since April 2021.
In fact, almost immediately after "the hype CAKE" exited into the market, when the price of CAKE rose from $10 to $44 in a month, the search for a fair market price began.
Looking at the chart, we can see aggressive buying of CAKEUSD from $3
After, buyers of PancakeSwap twice time bought back the price from the critical $3.60 level, giving him the status of a "mirror"
Roughly speaking, we can say that a price zone of $3-5 is a zone of fair market price , which satisfies both buyers and sellers for the last six months.
Therefore, in case of positive developments in the cryptocurrency market, we can expect the CAKEUSDT price to exit the falling channel.
The first task of buyers is to break through and consolidate above $5.50.
If this condition is met, in the medium term, you can start dreaming about growth to the region $8.75 - 9
If the wave of negativity again covers the crypto market and the price of CAKE drops below $3.60, then it is not worth buying CAKE again before $2.90-3.
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