CAKEUSDTCAKEUSDT daily chart is in an uptrend, waiting to buy blue zone, target 26.42
Thanks and Good Luck!
Cakeusdt
Cake potential 200%Cake the famous Defi coin in Binance Smartchain, with their update on Pancakeswap we will see $25 short target and $60 long term target
CAKE will feed us with 2 Trades !the cake is the best dex and has very much volume on Binance smart chain!
It will be excellent in 2022!
But here; we have 2 logical strategies and low-risk trades!
First; we should enter after a red daily pullback and take profit until upper area ...
Then; we should wait for our second trade and watch that when the upper area will nicely break with the great green daily candle!
And we can enter it on the pullback and be with it to the previous price and next ATH ...
$cake Analysis $cryptocurrencyDear Friend
The candlesticks are weak during the weekly period, and with the current situation, if the candlestick closes in the same way, I expect to return to the support and stabilization area in this zone, and then return and climb to the upper areas.
Resistance: 12.5 - 13
Support: 10.20 9.4
But it is still too early to make a final decision and we have to wait until the weekend.
In daily and weekly time, we have dynamic and static resistance and support, which is shown in the picture.
Disclaimer: Information is provided only for educational and exchange purposes only.
Do your research before taking any action or decision in the real market.
CAKEUSDT CAKEUSDT/PancakeSwap
RANKING 48 in market capitalization, it's next Solona.
March 2021 price its trading!! almost bottom fishing Buy hold for long term don't miss this great asset guys.
at least hold few or invest negligible amount.
CAKEUSDT-SHORTThere is a short position in CAKEUSDT Cake
CAKEUSDT Cake
🔴Short Now or set on Key Level 12.75
🟢Target 1 11.65
🟢Target 2 10.95
❌Stop loss 13.15
#K_Level
CAKE should not break below current volume supportCAKE should not break below current volume support.
There is a huge lack of volume below what can lead to a fast down movement, if this volume support does not hold.
A confirmed breakout of the price and volume resistance in reverse would finally lead to new ATHs.
What do you think about that? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
CAKEUSDT-LONGThere is a long position in CAKEUSDT Cake
CAKEUSDT Cake
🔵Long Now or set on Key Level 11.40
🟢Target 1 12.45
🟢Target 2 13.30
❌Stop loss 11.00
#K_Level
CAKEUSDT: SELLING PRESSURE ON PANCAKE SWAP, WILL IT GOES DOWN?Hello Enthusiast Coin Traders! Here's medium-term outlook for CAKEUSDT , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
CAKEUSDT broke out of the Rising Wedge pattern. Rising Wedge Pattern indicates a potential bearish movement ahead. The MACD indicator starts crossing down below the zero level, it signify the potential bearish bias ahead.
The roadmap will be invalid after exceeding the resistance/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the cryptocurrency.
bull run is a little fari think bull run is a little far from cake and the following pattern is probable
Cake right now is close to opportunity zone!Hello guys 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
it's simple as drinking water! do not miss the chance, if the price hits 9$ zone(every time the price came near to this zone after a short time this coin pumped) do not hesitate and buy one step!
The mid-term target is MA200 for me.
Note: right now in the BSC chain, Cake has the most TVL! and it's $5.5b also mcap/tvl ratio is 0.5119.these parameters can show us investing in Cake has less risk than other coins for now!
Hope you enjoyed my analysis, You can support me with your likes and comments! (always open to hearing points from the others)
Attention: this isn't financial advice I'm just trying to share my vision and remember we must always see what's up with BTC after that go buy altcoins. never forget investment principles and do your research before investing.
CAKE Descending TriangleCAKEUSDT
If the price breaks the lower side of the triangle, it can drop to 13$.
Cake can enter from here ::: midtermspot position :: midterm > long term
cake can give us good profit
NFA
CakeUSDCake is ranging now after making its TL, Now if my zone is holding then price should continue to break the TL
Once that happens we can anticipate for more buy opportunities,
Best Trade is to let the TL break and then enter based on market structure
Follow for more Crypto Grapy
cake usdt start moving upas you can see we have a nice return pattern (morining star) with good green long bar in daily timeframe and also volume is good
my idea is long : next (first)target 16 and stoploss 10
not a buy or sell offer
PancakeSwap (CAKE) - December 7Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(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.
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(CAKEBTC 1W chart)
1652 Satoshi point and above: expected to continue upward trend
2903 Sakoshi point and above: Expected to create a new wave.
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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.
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** 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.)
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CAKE / USDT ready a pump !Cake is ready to pump.
Full Energy, RSi divergenton,
maybe to fly.... :)
Good Luck.
CAKECAKE BTC is close to reaching critical levels, keep watching this chart just in case you want to increase YOUR BTC PORTFOLIO or you like the project "pancakeswap". this chart will help maybe a lot as CAKEUSDT did in the past.
$40 CAKE in December? Thank you Santa!
Nice multi-week flagging structure ready to breakout.
New ATH is possible.
Precondition:
- Orange zone has to hold.
- We have to break out of the descending channel.
- Price might retest the negative trendline upon break.
Buy inside the Orange Zone.
Sell inside the Red Zone.
NFA/DYOR please.
CAKEUSDT PENDING LONGS 💰💰💰The price is approaching a valuable area for DCA LONG TRADES on pankcakeswap, 10$ acts like a strong psychological barrier for the cake holders and i think it woudnt be broken and we will go back into 15/20/25$ area.
What do you think ? Commente below..
