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Cakeusd

PancakeSwap Cake price looks scary and "discourages" buying themIf we look at the trading history of CAKEUSDT, we will see that the price is still in a downtrend channel After breaking through the critical $3.60 level, the price of CAKE has been falling steadily. It is a thankless task to guess when the price of PancakeSwap will hit the bottom, especially since the BTCUSDT price may be just beginning to fall. But we can make some estimates: The CAKEUSD price has now reached the middle of the falling channel, a rebound is possible, but it is hard to believe in this pattern. Below, the intermediate level of $1.50 The bottom of the channel is around $1, and this is probably the first level where we would be to risk buying CAKE, and it is after the price stops and trades above the level. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
37
CAKEUSDT IdeaBINANCE:CAKEUSDT BINANCE:BTCUSDT ⚠️ Disclaimer: The following insights reflect my personal perspective on the market, relying on publicly available information and historical data. While some opinions stem from my actual trades, others do not. I am not a financial advisor, and I bear no responsibility for your trading choices. ✅ Feel free to reach me out with any questions or recommendations. I am more than willing to assess and analyze any currency pair or index that piques your interest.
Long
by Arash-RK
CAKE/USDT Secondary trend. Pivot zones. 08 2023Local trend. Logarithm. Time frame 3 days. Local trend. Work in it Risk Management. In the local trend at the moment, this coin is interesting to work on, especially since the triangle is almost formed and the dénouement is coming soon. Stops will be quite short in the direction of the breakout. Take a local profit (probably substantial) and forget once and for all about crypto fantasies and what will happen to the price next. No regrets if you took a relatively small profit and further development of the trend showed an order of magnitude more. In the end, everything can be the opposite, you will be the lucky one who “had time” before the “sunset”. Learn to profit from the market, it is better to take a little bit at a time, limiting risks, than to take potentially large profits (which is what most “sectarians” are waiting for). A linear price chart with no market noise. Pivot zones from key liquidity zones. The main idea and meaning of this idea is to show the logic of working with reversal zones from key resistance support levels, which will determine the further development of the trend. I have shown all possible scenarios of secondary trend development from more probable and logical to less probable, but which have the right to be realized. You should always keep even unlikely scenarios in your mind, even if you do not believe in them. Few people calculate different variants of trend development ahead of time. In most, as a rule, there is one scenario of price movement, but it is built in most cases on the desire that it was exactly as profitable. Major trend. Time frame 1 week. CAKE Basic trend. Working with reversal zones. Money management. Read the text in the description of the main trend idea, it's important.
by SpartaBTC
2
PancakeSwap CAKE - The Road to $150PancakeSwap is the place you trust when it comes to swapping your AltCoins. Its symbol: CAKE ( CAKEUSD , CAKEBUSD , CAKEUSDT ). If you take a look at this one, it's a no-brainer. Things are looking up. Although the Crypto Markets have been smashed lately, the Sun will shine on almost all projects. And I intend to be ready. Got myself a portfolio and adding gently to it on most big dips. HODLing requires patience, but time passes anyway, so might as well do something with it. My next buying point is: $1.2 . So, let's ramp things up with some awesome CAKE Trade Idea. CAKEBUSD Technical Analysis: * Elliott Wave Impulse: Cycle a (white) * A-B-C Elliott Wave Correction: Primary A-B-C (red) * Ending Diagonal in Primary C (red) * Bullish Divergence * 88.6% Fibonacci Retracement * 61.8% Fibonacci Extension of Primary A &B (red) * Demand Zone * Double Bottom Early '23 I'm expecting a start of a greater cycle. Good luck HODLers!
CLong
by EW4X
Cake, A Long-Term Theory (PancakeSwap)Hello Friends. How are you today ?! I hope you feel great and always be happy and successful. Do you agree that you can buy cake at a great price in this area? I have identified price reaction areas to this descending channel and drew circles in different colors. please focus on these colors. some of them mean reacting to the top of the channel (Green Circle). some of them reacted to the mid-line (Purple circle)and finally, I expect the price to touch the last red circle around 50 cents at the end of the correction. what do you think? You should look for a divergence at the End of the movement and then buy and hold for the long term. I think it's the best zone to buy. So, don't hesitate to buy in this zone. I tried to explain easily, fast, and understandable. Feel free to let me know in the comments section below! ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! ** Sincerely Yours Ho3ein.Mnd
BINANCE:CAKEUSDShort
by Sticky-Stock
2