Bearish Flag // Rising WedgeAs we can clearly see bear flag :)
NOTE: Tread at your own risk // just sharing my ideas
CAKEBUSD
Cake Fibo long position Cake had a strong sell off and closed below the 1h SMA 100 still the SMA 200 ahead, I think it will retrace and reach 22$ in the next few days. it could get down to 17.50$. but 22$ is more likely I will wait for it to close above the 0.618 and then I will buy. especially if it retraced off the 0.786-0.705 Fibonacci level like it is doing now I will wait for confirmation above 0.618.
MY MINIMALIST CHART ANALYSIS FOR $CAKELOOKING AT CAKE
This is not a piece of financial advice. Boxes are major price action probability. it may be a top-up level, partial close, exit or entry-level.
Run Fibs at different time frames for confluences and watch out for market dynamics as it unfolds its path.
$CAKE on breakout!Like all other alt coins, $Cake seems to be on the breakout and it has formed the inverse head & shoulders pattern. Just a simple neckline shows us it will be retracing back to $33 zone where it held strong before the "manipulation" happened. It has also broken above the EMA ribbon which is another bullish sign.
(based on 4 hour chart)
You may put in a long position here if you like.
Disclaimer: THIS IS NOT FINANCIAL ADVISE :)
Like this post if you want more of similar content, cheers!
Trading Signal For CAKEUSDT Trading Signal:
A Trading Signal is seen in the CAKEUSDT CAKE
Traders can open their Buy Trades NOW
⬆️Buy on 16.18 or Buy on downtrend breakout
⭕️SL @ 14.95
🔵TP1 @ 21.38
🔵TP2 @ 26.85
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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
CAKEUSD : IS THIS THE PATTERN??Hello guys, have a look at this.. Cake might be giving you a chance to buy it.. NFA.
I think it can do a 2x - 10x in the coming three months. Lets see how it turns out. Hope yall are buying the dip👊👊🏼👊🏿
CAKEBUSD (PANCAKESWAP) - BULLISH SETUPANALYSIS 🔎
- CAKEBUSD is on a mid-term uptrend supported by the ascending trendline support.
- The market hit an all time high (ATH) and retraced.
- Price is retesting the flip horizontal support, the ascending trendline support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- The retracement is resisted by the descending trendline resistance.
- Breakout above this descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Aggressive entry : the key fibonacci retracement zone .
- Conservative entry : breakout above the descending trendline resistance.
TARGETS 🎯
- All time high (ATH) resistance.
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support and 0.786 fibonacci retracement level.
CAKE/USDT 1H broke our and now entered in Bull zone#CAKE/USDT LTF TA Update :-
$CAKE currently broke out 1H resistance line and entered in Bullet zone.
Our entry also filled at $28-$29
Now in Profit.
My Targets still the same.
Targets:- $40/$44/$50/$61
1H support:- $30.60
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CAKE/BTC Ready for Breakout...?#CAKE/BTC TA Update:-
#CAKE currently trading at 6200 satoshi
I am waiting for the break-out Upward side.
Waiting Resistance line break out.
After we can see skyrocket.
So I am accumulating some #CAKE here and waiting for dip also.
Entry:- 6200-5600 Satoshi
Targets:- 7238/7983/9000/9877
Stop Loss:- Will Update
Support: 5900/5600
Resistance:- 7238/7983/9000/9877
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CAKE - Best purchase price impossibleWe are at the best price to buy or at the beginning of a bearish market deepening.
To sum up: if you buy, be cautious if you own, keep your fingers crossed that a new rally is coming.
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 Ready for 100% profit...?#CAKE/USDT TA Update:-
$CAKE is looking good at this level.
I am buying here some $CAKE
Entry:- $27-$30.50
Targets:- $40/$44/$50/$61
First $37 is big resistance right Now.
If breakout this resistance then we can see $60 also.
I am accumulating $CAKE at every big dip.
Support:- $28/$21
Resistance: $40/$44/Moon
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Must follow me for latest crypto real time updates.
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CAKEUSDT - How to find a good CAKE entryCAKE and pancakeswap are trending hard right now, its a great defi solution that's innovative and has triple A backing in Binance.
The common thought for most is, how can I get in on that profit?!
One way to do it is buy low, sell high! In order to buy low, you need a good entry, luckily, I think I've found one!
In todays video I go over how I find potential entries for profitable trades and apply it to CAKEUSDT
=== TimeStamps ===
0:00 = Welcome!
0:35 = Patterns
1:20 = Fibs
5:20 = Resistances
7:30 = Price path
11:00 = Entry
12:05 = Stop limit
12:30 = Take profit
14:45 = Fundamentals
15:15 = CoinMarketCap
17:30 = Tradingview ideas
18:50 = CoinMarketCal
19:20 = r/pancakeswap
CAKE, CAKEUSDT - two possible scenariosHello guys,
Quick idea here
The CAKE/USDT pair continues to move in a short-term downtrend. Now the bull flag pattern has reached the previous horizontal resistance (and our target from the initial call when the price was $22), which turned into support. From here I expect a reversal with the next target marked on our chart.
The daily chart is in line with the consolidation pattern as well.
So in brief, I think if the price stabilized around this area we will see an uptrend continuation and reach the $45 target, then make a pullback to $40, which will be turned into support. The more pessimistic scenario will be to break below the support and touch the lower boundary of the bull flag, very similar to what we had on April 18.
Old idea here:
Stay safe !
Cheers
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
CAKE Bull FlagCAKE/USDT Potential Bull Flag ( Daily log chart). My profit Target is $50.
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Cake is having some hard times after the last party! Buy the dip now or wait for cake to leave the triangle and buy the rocket.
Strong support levels on $35
If it drops below $34 sell everything and buy back around $30-$32
Everyone is bullish on the cake but It may need some rest before the next party.
Let me know what you think.
