Cakeusdt
CAKE/USDT: Daily Timeframe, Traget is $114 end of the year The cake is at its most critical time. CAKEUSDT daily chart forms a triangular pattern And it fluctuates between two important Fibonacci levels for more than 2 months. If cake breaks triangular pattern upward, Targets are $31 and $44
If the bitcoin reaches $100,000, CAKE can reach $114
CAKE has high potential to grow, just buy if...!Hi dear followers, CAKE token is undervalued in my idea and there is a big move ahead for this token.
At the moments this token is completely in a downtrend as u can see, There is possibility for more falling before going up.
Where is the best place to buy?
If you want to buy this coin, The most important thing is to wait for breaking up the downtrend trend line. Buy after breakout and re-test.
ATH is easily in access for this coin and until end of the year.
please take this opportunityI am not an expert analyst and there are not very analytical indicators in the chart, but the best trend you will see in your life is broken (in both daily and 4h periods, the retest after the breakout worked in millimeters), I keep a cake of about 1k dollars to earn interest.
I will not give any information about cake. An ongoing project that already has a project has been burned soon and many new projects have started to open.
-17.30 levels act as support
-The 20 level is a very annoying resistance, but if we break it
- my goal is 30 dollars
-It's my opinion, not investment advice.
-my mothertounge is not english as you can see if ı has a mistake pls write it
-pls comment my idea and my analyst for improve my self have good day
CAKE head up to $35#CAKEUSDT
$CAKE broke out from descending resistance and confirmed it as support.
also price is above long term support zone and head up toward resistance zone between 0.5 and 0.618 fib of correction wave.
as trend lines and fib levels show, break out from this resistance zone will lead price toward 1.618 and 2 fib levels around $32 and $35.
CAKE/USDT Daily Support and Resistance Zones Targets 10/29/21CAKE is in Range, forming a bullish pennant in daily timeframe, while all coins are in Bullish mode this last days, CAKE didnt do any significate movements.
Support and Resistance Zones marked in RED/GREEN Boxes
% calculated to every zone.
Be aware this is a daily time frame analysis, medium term trade.
My entry is at 18.04 USD
SL at 16.90, and moved to entry price after 10% up.
Will update as the trade happens.
Trade Safe.
Regards.
P.D: Remember that BTC dictates the market.