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Cakeusdt

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 $10 that not good for Bull.
Long
by CryptoPatel
3
Long Position - 4 hourHi friends, In this analysis, a trading setup based on price action is given. The analysis is completely based on technical analysis and no fundamental information and macroeconomics are included in this analysis, so it is critical to putting the stop loss. In other words, the analysis may fail due to the general market conditions or the bad crypto news or excitement of the market. Warning 1: Maximum suggested leverage = 2 Warning 2: In an side market, trades can usually fail. Warning 3: The approach of the new year can increase the excitement in trading. Warning 4: It is not a financial advise and it is only my personal opinion. I wish good profits for everyone Setup Specifications: EP: 11.84 TP: 14.68 SL: 11.43 R3: 6.93
Long
by M2it2M
CAKE ( Pancake ) is at Major Support LevelCurrently pancake (CAKE) is trading at its major support level. This support level is very crucial for the CAKE to hold its double digit price. In the past this support level acted as bounce back price for pancake. If you are planning to add some CAKE to your portfolio then this is a good time buy and if the price goes lower then probably you can do DCA after that. You can also get 70+% APY by staking CAKE at pancakeswap exchange. Stay tuned for more updates.
Long
by GreenCryptoTrades
6
CAKE/USDT Analysis (Update)📈📉 📈📉 As you can see on the weekly timeframe for the pair of pancakeswap and usdt , it has faced a bearish market after reaching its ATH of about 44$,and fallen to its lowest level, and afar 2nd attempt and forming a new lower high that has filed to rise , again declined to bottom ,so now we know it'll need to break up the downtrend line which is already dynamic resistance by volume confirmation ,to start a new bullish rally as before , but because of recent demand and strong green box support, although it depends on your entry strategy for take a long positon , but in my opinion it'd be a good entry point , at least 1 step around here and if it drop more we can buy another steps about 10 $ again. ❌current weeky resistance : $18-20 ♻️current weeky support: $9-11 -------------------------------------------------------------------------------------------------------------------- tips: 💥(Note that most of my analysis on the weekly timeframe basis is more for long-term investment rather than short-term trading.) 🔰(Anyway, I highly recommend novice investors and traders to consider risk management and buying in a few steps) . ✳️(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.) -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭 🙏with Best Regards
Long
by PRO_SMART_Trader