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Cakeusd

don't forget the Cake inflationmy last prediction was to stay out of the market when the cake was on 25 $ (you can see the idea in my profile) as we saw the cake has already reached its 61,8% fibo , while the other alt coins haven't yet ,and that's because if its huge inflation that what make me just short term investor in cake , so i'm waiting until the bitcoin falls to the 37k zone i will enter the cake mid term trade , and i expect the price will drop to 14_15 area ,(that would be the real 61% fib on cake on the market cap) in worst case scenario i will be missed out and waiting another chance to enter , better than staying in minus .. you can support me just by following me , and leaving like on the idea .. Share your opinion in the comments to compare the cake price with its inflation on market cap just see cake chart on cmc
BINANCE:CAKEUSDLong
by memotion
1
Cake to 36.86 $ USD?In my last analysis we were able to observe a triangle that was invalidated as a result of the market crash, however not everything is negative. This fall managed to show us a bullish channel in #CAKE which is very positive. Within this new bullish channel we have a new triangle that should break no later than the beginning of October and would have as its main target $ 31 and then $ 36.86. If the market remains bullish, I have no doubt that Cake will have a big rally, assuming that we are days away from its first anniversary and that every Monday there is a burning of tokens that represents 1% / 3% of the current supply. #Cake #Pancakeswap
CLong
by TheLuckyLeandro
CAKE/USD - Correction continues, for now. 😅CAKE did we, very well early this year. However since May CAKE is correcting and I don't see this changing anytime soon or not until we penetrate the resistance. :) For now this chart is bearish and I don't exclude a re-test of support before any sustained gains can be achieved. For that we also need the overall market to heat up. That will help CAKE. The indicators also show mixed signals right now, so best to stay away from this right now. Like and follow if you liked this idea!
C
by DU09
PancakeSwap (CAKE) - September 12Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (CAKEUSD 1W Chart) It remains to be seen if the price can be maintained above the 15.1757179-16.1961041 segment. If it declines from the 9.0760290 point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required. If the price holds above the 20.0044522 point, it is expected to create a new wave. (1D chart) If the price holds above the 19.0812658 point, it is expected that the uptrend will continue. However, the uptrend is expected to accelerate only when it rises above the 22.7629293 point and breaks out of the downtrend line. If it falls from the 15.1757179-16.1961041 section, you can touch the 9.0760290-10.8786252 section, so you need to trade carefully. ------------------------------------- (CAKEBTC 1W chart) It remains to be seen if the price can sustain above the 0.0002687-0.0002903 interval. If it falls in the range of 0.0001652-0.0002687, it is highly likely to enter the mid- to long-term investment area, so careful trading is required. (1D chart) We need to see if we can find support at the 0.0004174-0.0004445 zone and move above the 0.0005074 point to break out of the downtrend line. If the price holds above the 0.0005074 point, I would expect resistance in the 0.0006578-0.0007068 range. If it falls in the 0.0003450-0.0003850 section, it can touch the 0.0002903 point or less, so Stop Loss is required to preserve profit and loss. However, you can touch the 0.0002304-0.0002903 section and rise, so you need to think about how to respond. ------------------------------------------ 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 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.) ** See support, resistance, and abbreviation points. ** 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. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:CAKEUSD
by readCrypto
PancakeSwap #CAKE to 31 $ ?After seeing how the target of $ 25 was perfectly met as I mentioned in my old publication, we can see again the formation of a triangle, which should break up at the end of this month, obtaining as a target $ 31 that would represent the 61.80% fibo of the May correction. However, I believe that if the market remains bullish and we continue with the respective token burn, we will be able to see an even stronger momentum up to $ 36.86 which represents the 78.60% fibo. Cake is undoubtedly one of my biggest bets in the remainder of the year and I hope to see it reach high prices, which I will share with you later in my next reviews.
CLong
by TheLuckyLeandro
4
i don't give advices ..i 'm just sharing my opinionhello, i hope you all guys making good profits as we saw last time it went like we expected , and i'v entered the market again on 22$ average . Now it's possible to be a retest of its up-trend break ,so i took out my capital on 25$ and i'm continuing with the profits until it gets clearer , in case it goes down again i will look for a new enter area .. if i see 4h candles closing above 25.200$ i'll wait a correction to reenter in the end .. i have to keep my capital safe... if you have another vision ,just share it in the comments.. IF YOU WANT TO SUPPORT ME JUST FOLLOW ME THAT WILL ENCOURAGE ME TO SHARE MORE IDEAS WITH YOU ..
by memotion
1
CAKE Consolidates Within Ascending Channel, Eyes Breakout to $28-CAKE has risen 27% over the last week -Price has been stuck within an ascending channel -50MA has held as support for a month Pancake swap has been in a strong uptrend for nearly a month. The rest of the cryptocurrency market has been going berserk as many coins have been surpassing their all time highs. CAKE has been working its way up to its major resistance zone ever since the start of August. Compared to other coins in its class, CAKE has yet to fully breakout and experience a parabolic push. As long as BTC stays steady, CAKE should soon experience a large parabolic push back near $30. Shown in light blue, we can see how price has respected the ascending channel extremely well over the last month. It has kept price very tight with little swings. Each time CAKE has touched either trend, it has gotten pushed to the opposite. At the time of writing, CAKE is attempting to breakout of the top trend line of its channel. Along with this top trend lies the major resistance area found at $24.56-$26.53. If Bulls manage to clear this zone along with the top trend line, we may see CAKE surge to its given targets. Consolidation within this resistance zone is likely to occur as its one of the largest areas to break for CAKE to go parabolic. In this case it fails to hold this resistance zone, price will first find support at the bottom trend of its channel. This area is also near a major support level of $22.98. If bears push price down to this level, there will likely be some type of bounce. In addition to these two supports lie the 50MA. This MA has held price up for a month. If at any time CAKE breaks below this, expect a downtrend to occur. 

 While looking at the Stochastic RSI, we can see that strength is hanging out within the over bought territory. CAKE must break out of its channel soon or it will begin to lose strength. Breaking below the 80 value will likely cause a retracement to occur. The RSI has been attempting to break a downtrend line for many weeks now. For CAKE to really see some explosive growth, price must fully break this downtrend line & aim towards the overbought region. CAKE Intraday Analysis Spot rate: $25.33 Trend: Bullish Volatility: High Support: $24.56 Resistance: $26.53
by CoinGape
CAKE can't Increase Further much more.Hi every one CAKE / TETHERUS CAKE/USDT is doing a impressive bullish movement but It can't last for ever. Each Trend needs a correction without a Doubt. so as you can see If we put a Harmonic pattern Like Crab on the chart we can Understand that the Price's bullish Trend is about to End (Pay attention to the EX Ret which is 1.681) so yeah the Bullish Trend can continue a little longer but It will End and The correction will be up to the 0.618 line of the Fibonacci Retracement and after that of course a Bullish Movement will be started. There is also a Regular Bearish Divergence (-RD) on MACD as well which makes the Downfall of CAKE much more reliable. summery: -CAKE's Bullish Trend is about to End. -Crab pattern shows It's about to end and time for correction -correction can be up to 0.618 line of Fibonacci -(-RD) on MACD makes the Expect correction more reliable. 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
31
CAKE/USDT now 91% pure profit and still expecting more TPs#CAKE/USDT Profit Update:- $CAKE currently trading at $21 And Our entry was $11 filled ✅ Now 91% pure profit within a month. I am still expecting it will hit more TPs. but I will suggest now you can free your principal amount and hold only Profit. Entry was $11 ✅ TP1:- $21.50 ✅ TP2:- Pending Support:- $18/$12 Resistance:- $27/$44 Please click like button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
BINANCE:CAKEUSDLong
by CryptoPatel
6