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Cakeusd

CAKE bullish or bearish? REVIEWSo I think it all depends on this support are around 18. It seems bears have the upper hand here BUT bulls are not so far behind either! AND with the recent BNB pump + fundamentals around memecoins which are mostly on BSC, I bet my money on the BULLISH scenario! If somehow the bears takeover, which is very unlikely, the price can momentarily touch 16-13 areas that seems to have strong support. And even if this scenario plays out I still wouldn't be too worried about it as for the long term CAKE is definitely bullish AF! HODL & stake for that APY! (STILL, proceed with caution) DYOR.
Long
by Crypto_world_011
CAKE bullish or bearish?CAKE recently lost it's support at 20 and now it's retesting 18 zone. I don't see any more price drop from here as this seems to be a very strong support zone. In the next few days CAKE will be retesting it's previous support zone at 20-21 and if it can break above it, which is likely according to bullish signs, price can easily target 26 resistance area and in extereme bullish scenario even 42 and higher but for that to happen I think we first need a more higher low support zone.
Long
by Crypto_world_011
12
Cake price predictions- Bullish up to $100 in short to mid term- hitting long term support levels - Total value locked seems to be rising- showing signs of reduced supply, currently 80% - Hopefully expect price to reach ATH soon and maybe testing the $100 level short to mid term. Long term potential to $1000 but seems a bit far fetched considering market cap. - On BSC Scan can see likely 20% remaining liquidity moslty all in exchanges, when this dries up further hopefully we'll see some nice price action to upside. - currently great time to buy in around $18 to 20, and stake this on pancakeswap, and provide more upward thrust, NOT staking on the exchanges where they will take commission and reduce price potential as this commision will be added to selling pressure. - TIP if you buy on the exchange, the exchange may try to block transfers off by saying issues with BSC, but essentially they don't want it going off their exchange, just be patient and remove it off the exchange, or transfer BUSD off exchange and buy directly on pancakeswap where you won't get these issues.
BINANCE:CAKEUSDLong
by Cos14b
CAKE BULL RUNhi , our general opinion for cake is long in the longterm (when alt season begin),as you know in fib retracement between 0,786 and 0,618 zone is golden packet it means we should test it one day and our weakly strong support is 30$ and also 0,618 retracement is 30$ so our first target for cake is 30$ , second target is 44$ because its ATH . and as you see in the chart , cake make a descending chart pattern ( descending chart pattern in old market is a bearish but in new market like cryptocurrency is a bullish chart pattern) and it broke the pattern and our target based by pattern is 54,92$
Long
by matin_iranian
3
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 :-). If you liked this video guys make sure to give a thumbsup and share :-)
Long
by TychonTrades
2
CAKE - is going to skyrocket 🤯🚀There is an interesting pattern on the CAKE chart. You can see the trend line, the price has already tested it four times, but has not yet been able to break it. With each test, the resistance is weakening, so we should expect a breakdown of this trend line. There are two scenarios worth noting: - If the price reaches a low of $17.7 and then breaks this resistance line, this would be a very good buying opportunity. - If the price squeezes and then breaks this trend line, that would also be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
8
CAKE MASSIVE GAINS INCOMING? BUY HERE$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. If you liked this idea give a like and a follow :-)
Long
by TychonTrades
3
PancakeSwap (CAKE) - October 12Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (CAKEUSD 1W Chart) - Mid-Long-Term Perspective Above the 9.0760290 point: the uptrend expected to continue 15.1757179-16.1961041 or more: Expected to create a new wave. (1D chart) First resistance section: 19.0812658-20.0044522 Second resistance section: 29.5050311-32.1525450 (psychological resistance section) First support section: 15.1757179-16.1961041 Second support section: 9.0760290-10.8786252 It is important to maintain the price above the first resistance section. Therefore, it is necessary to check if the price can be maintained above the first support level. If it falls from the first support zone, it may touch the second support zone, so trade cautiously. ----------------------------------------------------- (CAKEBTC 1W Chart) - Mid- to long-term perspective 1652 Satoshi-2070 Satoshi or more: Expected to continue upward trend 2687 Satoshi-2903 Satoshi or higher: Expected to create a new wave. (1D chart) First support section: 2687 Satoshi-2903 Satoshi section Second support section: near the 1652 Satoshi point First resistance section: 4174 Satoshi-4837 Satoshi section Second resistance section: 6578 Satoshi-7068 Satoshi section ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
BINANCE:CAKEUSD
by readCrypto