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Cakeusdt

CAKE: breakout very soonBINANCE:CAKEBUSD BINANCE:CAKEUSDT Just now, BTC broke out from a mid-term resistance line, retested, then pumped hard to 55555usd. I see similar pattern on CAKE. The breakout is imminent. I don't predict price of few days. Let's see the real bull run target. Now CAKE is in a half-year correction. It finished a classic Wyckoff re-accumulation phase and entered phase E. A new uptrend is coming. My first target is the previous high of 44, then 100. Price around 150 is very like in altseason. Fundamentally, Pancakeswap is the most important application on BSC. Its token CAKE, unlike the solely reward token (UNI, CRV, et al.), is extremely useful. CAKE's single asset pools have the highest and most stable yields among DeFis. It is also a distribution platform of other tokens, and an NFT marketplace. I'm expecting CAKE entering Top 10 rank at least for a short while. And there is a secret behind CAKE: Why does Binance not open futures trading for CAKE? Because CZ has his plan. NFA.
CLong
by RidingBubble
3
CAKE/USDT short (CAKE is a useless piece of shit)!BINANCE:CAKEUSDT is a useless piece of shit . The pancake platform is not able to give us something new, stupid updates, endless emissions and 99% of projects for pancake are scam. There is practically no bidding. It became uninteresting to anyone. The team does nothing useful, it just prints another $CAKE and dumps it into the market. There are many useful and interesting projects, CAKE is not one of them. While the rest of the platforms are improving technology, the cake team launches meaningless pools from scam that no one needs. Binance Smart chain broke into a filthy scum and dirt dump. Stay away from this shit .
Short
by VPutin
11
CAKEUSDT LONGCake after giving a decent run from 10ish zone to 26 has been moving in a sideway sort of price action and now looks ready for a continuation of uptrend. It has been trading just below its falling resistance which in my view is likely to be challenged and breached soon. Price breaking above 20.55 would be a bullish signal for a breakout towards 22.50 and 26 initially followed by 30 and 32 up next. AB=CD Pattern also establishing a similar target towards 32 region.
Long
by JustTradeSignals
CAKEUSDT Technical Analysis ⏳ Spot 💎 CAKEUSDT Has formed a Flag pattern. the price has got rejected from the support zone. The large green candle shows us that the price has potential to go higher. 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at market or 16.15 ☕️ TP1 20.45 🍺 TP2 24.25 🍻 TP3 28.30 🍾 TP4 _____ 🍷 TP5 _____ 🍸 TP6 _____ 🍹 TP7 _____ 🎁 TP8 _____ 🚫 SL 15.30 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals
4
don't forget the Cake inflationmy last prediction was to stay out of the market when the cake was on 25 $ (you can see the idea in my profile) as we saw the cake has already reached its 61,8% fibo , while the other alt coins haven't yet ,and that's because if its huge inflation that what make me just short term investor in cake , so i'm waiting until the bitcoin falls to the 37k zone i will enter the cake mid term trade , and i expect the price will drop to 14_15 area ,(that would be the real 61% fib on cake on the market cap) in worst case scenario i will be missed out and waiting another chance to enter , better than staying in minus .. you can support me just by following me , and leaving like on the idea .. Share your opinion in the comments to compare the cake price with its inflation on market cap just see cake chart on cmc
BINANCE:CAKEUSDLong
by memotion
1
Cake to 36.86 $ USD?In my last analysis we were able to observe a triangle that was invalidated as a result of the market crash, however not everything is negative. This fall managed to show us a bullish channel in #CAKE which is very positive. Within this new bullish channel we have a new triangle that should break no later than the beginning of October and would have as its main target $ 31 and then $ 36.86. If the market remains bullish, I have no doubt that Cake will have a big rally, assuming that we are days away from its first anniversary and that every Monday there is a burning of tokens that represents 1% / 3% of the current supply. #Cake #Pancakeswap
CLong
by TheLuckyLeandro