cake bullish move on daily green candle- target ATHgreen candlestick change on daily heikin ashi
- hopefully breaks resistance and targets ATH
Cakeusdt
$CAKE has probably hit the bottomAfter almost 3 months of downward pressure from its rally that started in July that took it to $26.60. It has been bouncing off the .382 fib retracement and has formed a bull pennant on the weekly chart and it could break very soon. It is also hitting oversold territory on the weekly Stochastic RSI and its smack dab in the middle of the weekly RSI. It looks like it can move to the upside to between $30-$37 if the pennant is to be believed. However that means that it would need to get through the .702 fib retracement level where it was rejected last time.
Now with that said, BNB/BSC is close to all time highs, people will possibly start to sell and take their profits and what better place to put them would be in to a cheap token that happens to be the biggest Binance Smart Chain DEX. Plus the fact that staking $CAKE can net you 72% APY at the moment will entice them to buy and stake. Also having burned more than $104 million this past week and their continuing burning will help move this up.
Looking at the end of the bull run I think $CAKE should be between $88 to $100.
$Cake to 30 $ USD?Cake has a build-up period of 65 days and a triangle has formed. Assuming bitcoin continues to rally up, the triangle is targeting $ 22, $ 26 and $ 30.
Otherwise, if cake falls below $ 16.90, the price action will take Cake to support the bullish channel at $ 15.
Take your forecasts, I am currently still doing cake staking
CAKEBTC GREAT BUY OPPORTUNITY ON 1D CHARTCAKE - just burned $104 Million worth of tokens today and website is just upgrading. Just looking how BNB is exploding right now, my next biggest pick for long term buy will be CAKE.
See you at the top!
Thanks.
CakeAlmost touch fibo 60 and demand zone and other hand formed falling wedge !
In my prediction we will see bull run ...
CAKE-USDT Expecting a BreakoutCAKE-USDT currently accumulating under 21$ & forming a descending triangle chart pattern in 4H & 1D time frames. This should breakout soon since price action is almost near the apex of the triangle. Please wait for a clear breakout with above-average volume to enter for the trades.
BTC price & Dominance will be directly affected to the above prediction.
pancakeswap TokenThis analysis is basically on Elliottwave Principles
You can See Its beautifal and show us buy opp
Buy on Bullback
✴️ CAKE/USDTCAKE has been trading in the yellow zone of the MMR band very severely, but on-chain data analysis shows the downward moves have started to come to an end. I expect CAKE to begin reclaiming its previous prices on the long time frame charts by retesting the resistances at 18.90, 21.00, and 22.60.
Cake I predict two scenarios for LongI predict two scenarios:
Scenario A
Buy at $ 19
Observe the loss limit of $ 18
Target Point $ 33
Profit 73%
Scenario B
Buy at $ 15
Observe the loss limit of $ 14
Target Point $ 33
Profit 113%
Good Luck
CAKE / USDT (1D)CAKE got rejected hard around the $25 resistance area and has been in accumulation mode for over 50 days now. $17 support area is holding strong with Stoch RSI giving oversold signal. It's not a textbook cup and handle pattern but the chart looks good overall.
It's one of the safest passive income play out there. If it goes lower, I'll DCA around $10 - $12 while my current hold sits on 75% APY.
CAKEUSD LONGWeekly Demand Holding & OB created at daily Structure, Now price retesting OB to Move North and break those supply
CAKEUSDTf Daily close above yello line
Every thing is clear in the chart
Red is resistance
Yello is support
Happy trade
not a advice
CAKE/USDT ChartCAKE is in a very interesting position right now with a invalidation at the 17.50$ support and ready to a move to 21$ resistance. The RSI shows that the coin is undervalued, and the OBV is also seeing a good comeback. BNB has been pumping lately with a +5% move today, and we can expect a pump from other BSC coins (like CAKE). What do you think? Comment, like and follow.
CAKE; what to expect?CAKE will follow the bullish pattern of BNB soon enough. The next target is 23-26 areas but if bullish momentum continues it can easily reach around 36-42. Don't short this asset!
CAKE/USDT TRADING PLANNING FOR SPOTCAKE/USDT
Cake is being accumulated in the fibonacci area of 0.618
Cake will finish the CORRECTION WAVE soon!!
ENTRY NOW
Cake WILL EXPLODE
#tipstradingplanning #indonesia
LongHello friends, the cake currency is suffering in a price box that does not have much time to leave the area. Consider the first goal as the box ceiling.
Cakeusdt is at the support level!As you can see in the 4H chart Cake is dealing with a very important support level which has been supported so many times before
I it is supported by this level it can move up at least to its downward trend line and if it could break this trend line then we could expect Cake to go up at least to the previous top
CAKE bullish or bearish? REVIEWSo I think it all depends on this support are around 18. It seems bears have the upper hand here BUT bulls are not so far behind either! AND with the recent BNB pump + fundamentals around memecoins which are mostly on BSC, I bet my money on the BULLISH scenario!
If somehow the bears takeover, which is very unlikely, the price can momentarily touch 16-13 areas that seems to have strong support. And even if this scenario plays out I still wouldn't be too worried about it as for the long term CAKE is definitely bullish AF!
HODL & stake for that APY!
(STILL, proceed with caution)
DYOR.
CAKE bullish or bearish?CAKE recently lost it's support at 20 and now it's retesting 18 zone.
I don't see any more price drop from here as this seems to be a very strong support zone. In the next few days CAKE will be retesting it's previous support zone at 20-21 and if it can break above it, which is likely according to bullish signs, price can easily target 26 resistance area and in extereme bullish scenario even 42 and higher but for that to happen I think we first need a more higher low support zone.
CAKEUSDT AnalisaCAKEUSDT Supply & Demand
Berpotensi mengejar support di bawah dan dapat melanjutkan kenaikan ke resisten atas
CAKEUSDT upward trendAfter breaking the short term resistance line, this crypto might go up to reach its AB=CD harmonic pattern target. If this crypto passed its next resistance area, it would not have many resistance area to keep it from reaching its target.
BNB/USDT Buy and Take Profit Zones. 387 and 450 USDBNB/USDT 1D TimeFrame
BNB is seeking a new higher low on daily, price is forming a nice triangle, trades can be open on the marked zones (green and red)
Regards.
Eng Alexa.
CAKEUSDT MAY SEE GAINSBINANCE:CAKEUSDT
PPPDirhams.
Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
