Cakelong
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..
Cake/btc weekly falling wedge on verge of breakout!This is a weekly pattern but is just more visible on daily chart!
Hi guys this pattern of cake/btc is close for a breakout so i bought some cake and staked it on binance. You could leverage this trade but personally I'm planning to jump on spot because i want to hold cake to ath and above while also staking cake! this is NFA! DYOR especially if you're a leverage trader!
CAKE/USDT BULLISHCAKE has been in a downtrend since ATH, the bottom could be in. The price is also at an all-time low currently.
Boilinger Bands indicator show a breakout at 7,50ish. If price movement could break through 9,00 resistance, we will see an uptrend. Combination of breakout on Boilinger Bands and resistance level could be huge.
Fundamentals: Pancakeswap (CAKE) is the market leader for BSC DEX´s. Pancakeswap holds the most number of coins, pairs, visits and also has the highest market share on BSC (Binance Smart Chain).
Entry: 7 - 10 USD
Target: 40 USD (300 - 400% gain)
Not financial advice.
CAKE/BTCEverything is ready for a great pump
The long downtrend line in the daily time frame is ready to break due to the compaction of the candles below the trend line .
Also, the price in the Fibonacci area is 1.618, which can push the price up from this area.
The rsi downtrend line is also ready to break.
In case of breaking the daily trend lines and rsi , the price target could be the 0.5 Fibonacci retracement zone.
CAKEUSD and UNIUSD - Too Similar to IgnoreAs you can see, there are a lot of similarities between these two pairs
Especially evident on the Gaussian Channel indicator, with both hitting the middle band
I expect this point (middle band) to be a point of bullish rejection for price, which both will follow
CAKE/USDT Daily Support and Resistance Zones Targets 10/29/21CAKE is in Range, forming a bullish pennant in daily timeframe, while all coins are in Bullish mode this last days, CAKE didnt do any significate movements.
Support and Resistance Zones marked in RED/GREEN Boxes
% calculated to every zone.
Be aware this is a daily time frame analysis, medium term trade.
My entry is at 18.04 USD
SL at 16.90, and moved to entry price after 10% up.
Will update as the trade happens.
Trade Safe.
Regards.
P.D: Remember that BTC dictates the market.
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