CAKEUSDT 4H ❌These analyzes are just to give a better perspective for you dear ones
Do not base on buying and selling❌
Cakeusd
another winter is comingcake is shaping an ABC pattern that can fall 50% from 5.3 dollar with close stop loss this is very profitable position
Pancake CAKE Strong Support LinePancake CAKE is now at a strong support line from which i expect a rebound to the following price targets:
CAKE/USDT
Entry Range: $4.19 - 4.70
Price Target 1: $6.00
Price Target 2: $7.70
Price Target 3: $9.45
Stop Loss: $7.70
CAKEUSDT | Wave Analysis | Wave 4.4 Take Profit ZonePrice action and chart pattern trading;
> Take profit zone at the upper resistance of the wave channel, possible at SMMA100 fakeout resistance - 0.382 - 0.5 retracement of Wave 4.3
> The final Wave 5 downtrend could be projected at 0.5 - 0.618 extension of wave 4.3 slightly below the previous low - a usual dump & pump is expected before making its uptrend wave
> Indicator: RSI and MACD bearish divergence in TFD squeezed just above the baseline 0, limited upside.
Always trade with affordable risk and respect your stoploss, nothing is 100%
CAKEUSD ❕ overboughtPrice and volume trading formed a bearish divergence (4H TF)
TD Sequential has formed a downward reversal signal (30m TF)
I believe that CAKE may correct before the continuation of the movement, if the price consolidates under the support level.
CAKE : Bearish soonCake is testing the uptrend line multiple times and i am pretty confident the line will be broken soon... Currently, CAKE is not listed on futures so if you have CAKE, It is better to take profit and buy back lower
CAKEVery simple ... Very clear
We are probably at the end of the corrective correction and the next downward step is starting.
This is my personal opinion. Please do not trade based on my analysis and data.
CAKE Hello guys this is my trading idea about CAKE
IF you like my work please like and follow
Thank you TURTLE TRADER 🐢
pancakeswap cake price predictionmy pancakeswap cake price prediction 2022, i am sure long now in cake token
PancakeSwap CAKE long Entry Range, Take Profit and Stop LossCAKE/USDT
Entry Range: $3.80 - 4.10
Price Target 1: $6.00
Price Target 2: $7.70
Price Target 3: $9.45
Stop Loss: $3,39
CAKEUSD ❕ the price under an upper boundary of channelCAKE is moving in the descending channel and is near the upper boundary of the channel.
Main MAs are bearish (1H TF)
Price and RSI have formed a bearish divergence (30m TF)
I think the asset may start to decline if after a test of the upper boundary it fixes under it and continues to move in the channel.
CAKE/USDT perfect long?I just went long on CAKE along with COTI. These two coins seem to have a good short-term upside potential.
CAKE Done correcting (Short Term)Expecting cake to have a leg up targeting at least 3.304 based on a measured move!
NFA (Practicing price action analysis only!)
CAKEUSD ❕ the point of entry is closeCAKE is moving in an ascending channel.
Price is above liquidity and trading volumes show a slight deviation of interest in growth of the asset.
The 100MA has broken up the 200MA (1H TF)
TD Sequential has formed a reversal signal downwards (1H TF)
I expect that CAKE may retest the support level, and after fixing above it will continue to move in the direction of the channel.
Long Idea CAKEOn first observation this may not look like the best long position, but my reason for posting is that I think that it presents good risk reward.
Price and lagging strand are above the cloud, and have held well over the past several hours (1 hour time frame). Clearly defined stop loss here and also some obvious targets overhead, 3.264 being the best one in my opinion.
Best wishes to all!
CAKEUSD ❕ downward channelCAKE is moving in a downward channel.
Trading volumes are down.
Price has fallen below 100MA 1H.
I expect the price to correct, but after fixing under the resistance level, the price will continue to fall.
Elliott wave Cake, yummy soon. Fun chart, looking for one more leg down, may be completing something, so watching this count.
Check out some of my other stuff and give a like and follow if helpful. Cheers!
Bullish Flag on CAKEUSDTBased on technical factors Bullish Flag there is a long position in :
📊 CAKEUSDT
🔵 Long Now 0.00
🧯 Stop loss 4.320
🏹 Target 1 4.880
🏹 Target 2 5.110
🏹 Target 3 5.500
💸Capital : 1%
We hope it is profitable for you ❤️
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CAKEUSD ❕ uptrendHaving been moving in a downward channel since April, the Cake reached the lower boundary and started to form an upward channel from there.
Price broke through the 50, 100 and 200 MAs on the 1H Timeframe.
Volatility has increased and volumes continue to rise.
I expect a small correction with a fix above the liquidity zone before continuing to rise.
CAKE - Easy 300% Move Pending... 🔥CAKE is one of the cleanest and easiest charts to read. We have a simple ABC correction and we completed the C wave recently.
We are now in bullish territory and looking for any opportunities to go long. We have a nice correction forming now and all we need to do is wait for a breakout and enter.
Trade Idea:
- Watch for breakout of the descending trendline
- enter with stops below the structure
- Targets: 17, 26, long term target 40
It is possible we may come back to test the structure to create a double bottom before moving so just be wary of that.
Goodluck!
CAKE UPDATEcake looking good here since i called the bottom on my previous chart
now hopefully we can flip resistance to support and make another move up
Trading opportunity for short position-CAKEUSDTBased on technical factors there is a short position in :
📊 CAKEUSDT PancakeSwap
🔴 Short Now 9.18
🧯 Stop loss 10.20
🏹 Target 1 8.50
🏹 Target 2 7.50
🏹 Target 3 6.20
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
CAKE LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on CAKE as price shifted the market strucutre from bearish into bullish, price reversed to fill the bullish imbalance and from there we have a clear area into 12/14 price area where price has a lot of price inefficiencies that should be closed.
What do you think ? Comment below..
