CAKE/USDTCAKE is currently performing in the Ascending Triangle if it breaks the Ascending Triangle then CAKE next target is ATH, If the market continues like this then it will complete its target soon...
Cakelong
CAKE - TRADE SETUP - LIVE TA$CAKE has been in accumulation zone for so long now and it this video I have discussed why I think CAKE is going to give massive gains in the next few weeks!
The best entry is at the market price till $18 and the targets are mentioned.
I have gone through each and every details and have done all the analyses so you guys can copy the idea and learn it from my strategies as well :-).
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Waking up cake?last chance to buy cake before breaking its bullish wedge on the daily chart.
it may not touch the bottom of the wedge.
Let's buy a cake and celebrate my non-birthday.
CAKE, Bitcoin, Daily Chart, Trading signal, BTC $Cake daily timeframe set up for a breakout from resistance. Waiting for a confirmation to flip resistance to support. Target 55
CAKE MASSIVE GAINS INCOMING? BUY HERE$CAKE has been in a down trend since April and it is now breaking out with volume. All the indicators are showing bullish signs with every tf flipping into bullish from all smaller timeframes to the htfs till 12 hours are now bullish.
OBV turning green, MACD bullish, RSI holding and breaking downtrend, trendline broken and bullish harmonics.
I am taking entry here at market price $20.7 and will tp it till 22.65 - $34
Also, alot of developments has been going on CAKE with their NFT marketplace launchin I was expecting this breakout to happen soon and looks like we're ready now!
Good Luck.
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CAKE/USDT cooking up a good rallyAnalysis of CAKE/USDT showing that if resistance (green line) does break, we could see much higher prices.
Entry price = $18.15
Stop Loss = $16.35
Take Profit Levels (TPs):
1st = $26.28
2nd = $30.05
3rd = $36.90
4th = $42.70
NeutralHi guys, we are in a triangle and there are 49 days left until the exit time, but due to the burning of the cake currency token, this may happen sooner, so start buying a step between $ 16 and $ 19 is suitable for buying a step. Goals are listed on the chart
Cake-USDT updateCake has had a great growth from 10BUSD to 26BUSD and needs some rest, just like BNB. cake has been lost its ascending channel and is ranging between 22.1-24.3. Next growth is expected after breaking 24.5-26.5 BUSD
Cake-USDT updateNext targets: 23.3 - 27 - 31.5 - 36 - 38.5 - 40 - 42.8 - 45 - 66.5 - 101 - 136 - 158
Cake / Usdtright now price trying to hold above important support , a little down to 18s and we are ready to go to next resistance at 27 $
stop will be daily fixed below support
🔥Cake/USDT🔥The cake is broken and ready to bake.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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CAKE Break Above 200MABuy the break above 200MA!
The breakout is also supported by the formation of a falling wedge that price has broken out of
Created a trend for price to follow
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
My idea for CAKE/USDT for the weekendI'm just a beginner chartist but I cannot ignore this double bottom pattern potentially forming.
If the red dynamic resistance line is broken with some volume (and retested) then a break above the purple neckline may be in the books, followed by a break above the last support turned resistance. If then that level is retested and it holds then we are looking forward to a move higher up. Please watch all the key levels that I circled on the chart. If you go long use proper stop losses and you may also want to take small profits on the way up at the key levels.
Remember, the bull trend has not yet been confirmed on the 4-hourly chart, we are still officially in a bear trend on the short term. We may as well see further downward movement regardless of my observations.
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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