Cakeusdt
CAKE/USDT Bullish Bat FormationCAKE/USDT has completed a bullish bat pattern and is now trading in the strong demand zone. There is a high chance that it will reverse from here. And Risk to Reward Ratio is pretty awesome at this level. So, it's definitely worth a try.
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Trade Like Pros.
CAKEUSDT-SHORTBased on technical factors there is a short position in CAKEUSDT Cake
CAKEUSDT Cake
Score 2️⃣
🔴Short Now or set on Key Level 11.25
🟢Target 1 10.60
🟢Target 2 9.65
❌Stop loss 11.60
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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CAKECAKE
CAKE is also after huge and health correction. Price is in the small
yellow acummulation rectangle. If the CAKE want be able to do something - he should react on market at the current moment. So going up soon.
If CAKE and market fail we will see CAKE back in the green support.
But looks bullish.
LBL_CZ
FIL VS CAKE ( both have a same trend !!!!! )According to the FIL charts it is obvious that the FIL is on the 3rd wave of correction Elliot.
as soon as the 3rd wave finish, Elliot impulse waves might begin, beside CAKE have a exactly chart, I wonder to myself how is that possible!!!
if anyone have a guess it would be appreciated to share with me and the others. however I'm very bullish for both of them.
CAKE/BTCEverything is ready for a great pump
The long downtrend line in the daily time frame is ready to break due to the compaction of the candles below the trend line .
Also, the price in the Fibonacci area is 1.618, which can push the price up from this area.
The rsi downtrend line is also ready to break.
In case of breaking the daily trend lines and rsi , the price target could be the 0.5 Fibonacci retracement zone.
CAKE/USDT ( PancakeSwap ) is support bullish toward $50#CAKE/USDT ( PancakeSwap )
Request Chart:-
$Cake currently trading around $12
And $Cake is strong exchange coin so Its always better to hold in Long term.
And also $Cake giving good Staking ROI around 70% APR
Now as per chart $11-$12.20 is good Accumulation zone.
Targets will be Very high if breaks $17 Strong resistance level.
After Break $17 I personally expected it can Hit $50 and $100 also Possible in Long term.
Its all about Targets.
Stop Loss:- As per chart $Cake will be bearish below $10
So any daily candle close below $10 that not good for Bull.
Long Position - 4 hourHi friends,
In this analysis, a trading setup based on price action is given.
The analysis is completely based on technical analysis and no fundamental information and macroeconomics are included in this analysis, so it is critical to putting the stop loss.
In other words, the analysis may fail due to the general market conditions or the bad crypto news or excitement of the market.
Warning 1: Maximum suggested leverage = 2
Warning 2: In an side market, trades can usually fail.
Warning 3: The approach of the new year can increase the excitement in trading.
Warning 4: It is not a financial advise and it is only my personal opinion.
I wish good profits for everyone
Setup Specifications:
EP: 11.84
TP: 14.68
SL: 11.43
R3: 6.93
CAKEUSDT LONGS 💰💰💰Expect bullish price action as price rejected an important psychological area 10.00 with bullish momentum, we have a bearish imbalance on d1 that should be filled asap also we have liquidity pool resting above 15.00, it is already in profit if you watch my latest posts.
What do you think ? Comment below..