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Cakeusdt

💁‍♂️ CAKE/USDT _ 3D 💁‍♂️ HI Everyone, As you can see, the price is in the range of 3.82. In a 3-day time frame, if the price penetrates below the 3.60 range, the price may be accompanied by a correction to the $3 range. 💹 Support Ranges $3.30/3.10$/2.45$ ⚠️ Maintaining the specified range is important! !️ We may see further correction if we lose the 2.45 support range. ❗️⚠️ ❎ (DYOR)...⚠⚜ WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌ IF you like my analysis please LIKE and comment 🙏✌
Short
by SasanSeifi
CAKEUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for CAKEUSDT Here we have R2 and R1 as the resistance areas which include the disability of the price in order to rise. And S1 at the bottom is a support area. At the moment, we have the fluctuation of price over S1 area and we predict an increase is going to happen after a little fall. So if we receive some confirmation candles to rise, an increase will happen to it toward R1. Also it is possible that the price experiences a fall in case it loses the support at S1. Note that it is suggested to activate your stop-loss point due to unstable situation of market. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
#CAKEUSDT Ascending Triangle BreakoutTrade setup: Trading in an Ascending Triangle and price is approaching $5 resistance zone, where it was rejected in August. It also lines up with 200-day moving average. If price is able to break above that, it could revisit $8 thereafter. (set a price alert). Pattern: Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout. Trend: Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55). OBV (On Balance Volume): is flat, indicating that volume on Up days is equal to volume on Down days. Hence, demand from buyers and supply from sellers are in equilibrium Support and Resistance: Nearest Support Zone is $3.50 (previous resistance), then $2.50. The nearest Resistance Zone is $5.00, then $8.00.
by Cryptbergofficial
CAKEUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for CAKEUSDT As we analyzed on October 9, we expected a falling trend to happen and at the moment, this is truly happening. Here you see R2 as the resistance line that expresses the price was unable to rise at different points. R1 used to be a support line and S1 is a our support area at the bottom of this chart. At the moment, we have the price fluctuating below R1 area and our prediction would be a rise up to R1 (as it used to do in its past behavior) and then we must wait for some falling signs. Via having these confirmation candles, we will predict a decline for the price and our short position is activated. Please keep moving with us and follow our updates. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Short
by MarsSignals
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