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Cakeusd

PancakeSwap (CAKE) - December 7Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (CAKEUSD 1W Chart) - Mid-Long-Term Perspective Above 9.0760290 point: Expected to create a new wave. (1D chart) It is necessary to check whether it is possible to ascend with support in the volume profile section formed in the section 10.8786252-16.1961041. 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. To accelerate the uptrend, the price should remain above the 19.0812658 point. ------------------------------------------ (CAKEBTC 1W chart) 1652 Satoshi point and above: expected to continue upward trend 2903 Sakoshi point and above: Expected to create a new wave. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, 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 be able 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 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 been released yet. (Since it was not disclosed, 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 can be made through split trading. It is a short-term investment perspective.) ---------------------------------
BINANCE:CAKEUSD
by readCrypto
CAKE near supportHello Everyone Famous decentralized exchange sponsored by Bainance... CAKE had an uptrend after 77% correction but failed again and is back to support at $ 11.5 and $ 9.5. Enter the buying position in a few steps The first step is $ 11.5 The second step is $ 9.5 Distance to historical ceiling 270% . . If you have any questions, you can write it in comments below, and I will answer them And please don't forget to support this idea with your like and follow, thank you...
CLong
by MohammadWaezi
3
Let them eat CAKE!Right now we could see a nice falling wedge after a bearish Crab Harmonic Pattern that after it reached the pcz, retraced to the .618 fib level from which it has been holding as support for 6 weeks now. Yes it struggled at the 200 day sma but it never dumped and created alot of support by doin so. Rn Cake is perfect for a trade because its very easy to manage risk at these levels. A close below 17.80$ could signal more downside on CAKEUSDT but if it manages to break the supply line of the potential falling wedge it could end this consolidation/accumulation at high levels and sideways movement with a big bullish engulfing candle in the next days or even hours. Stop losses are manual because we always want a candle close confirmation b4 selling. Today i learned a valuable TA Lesson i used the same chart for the last months for CAKEUSDT. I always studied the same CAKEBUSD chart which was cluttered with drawings which made me biased. i never hid all my drawing or looked at a clean chart which was a distraction from developments that happened on the Chart. From now on i will take a fresh look at stuff and also focus on the most important drawings and start hiding stuff more often while charting.
Long
by luyestefan
CAKE Bull FlagBINANCE:CAKEUSDT Everybody wants to kill me because Cake price fell hard. Many throwing in the towel at the worst possible moment. However, what I see is a big Bull Flag Pattern, which should lead to higher prices when it finally breaks to the upside. To do that, we need to go above $19 USDT. If we do, the minimum price target would be $34 USDT. A target that I expect will be meet before year end. www.freeonlinetradingeducation.com Critical support would be $14 USDT. We had increased volume in the last 3 days, which is good, as it could signal the final liquidation and price bottom. Also, the RSI indicator is deeply oversold, which could also signal a bottom. I hope you find this interesting and good luck to you
Long
by Raul_Dominguez
8