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Cakeusdt

CAKE-PancakeSwap-USDT (OVERVIEW)Hello there!👋 Thank you for stopping by today, let's get right to it 🌍👇😄🎉 Technical Overview : 🔍📈 Technically, CAKE🍰 (PancakeSwap token,) IMO, was forming what looks to be some sort of bear-ish structure/harmonic.🐻👁‍🗨 Price decided against this pattern and we are now seeing some possible bull-ish activity🥳🐮, which leads me to believe we can hit our bull target depicted above! Additionally, price action broke up and out of a major trendline(purple,) engulfing the 💲16.0 price on ~May 31st, and has maintained bull momentum for the most part since then. I am expecting us to reach ~💲25.05 in the near future⏲⏰✔, where it would then be wise to re-analyze. Fundamental Overview : 📝📍 🍰🥘🍰 is a DeFi AMM platform that allows you to earn liquidity by staking the CAKE token on the BINANCE SMART CHAIN. BSC (Binance smart chain,) is a blockchain that provides fast transactions with low gas fees.🆗👍👏 PancakeSwap launched September 20, 2020 and is now down ~54 % from its ATH price of ~$44 on April 30th of this year.😮📆 We may be seeing Pancake lovers scooping up their CAKE while it's down.. let's see👀, but remember, always use proper precautions when making large investments 📌🧐 I have also created a few other paths that I see possible, in the event that we turn bear-ish. 🙂🐻 🛑🛑🛑This is not financial advice, always have a stop🤚🛑💲 loss set🛑🛑🛑 It is a good idea to always monitor 🧐👀 BTC and ETHs movement when making any trade Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. Thank you so much!!! Jazerbay 🐶
Long
by jazerbay
38
$CAKE on breakout!Like all other alt coins, $Cake seems to be on the breakout and it has formed the inverse head & shoulders pattern. Just a simple neckline shows us it will be retracing back to $33 zone where it held strong before the "manipulation" happened. It has also broken above the EMA ribbon which is another bullish sign. (based on 4 hour chart) You may put in a long position here if you like. Disclaimer: THIS IS NOT FINANCIAL ADVISE :) Like this post if you want more of similar content, cheers!
CLong
by chadyounggg
CAKEUSDT, Possible tasty long!Looks like CAKEUSDT is at a nice point for a long entry! Timeframe - h12 I have labeled in red the biggest spikes on the VPVR indicator. The POC is $27.201. We are currently about 53% away from the POC, and about 108% away from the highest VPVR spike. Stochastics have room to rise We are re-entering my EMA band right around the .236 fib level. I generally use fib levels to help make my entry/TP/exit points. Don't forget to take profit! Pay yourself! I love you all, Sangbagner
Long
by UnknownUnicorn16206213
2
⚠️CAKE/USDT Is About to Launch Its Rocket 🚀📈 CAKE/USDT | Potential Upward Movement 💡 Buy Limit Order @ 17.097 🎯 Target Profit 22.051 🛑 Stop Loss 15.742 ❌ Do not risk more than 1% of your account on each trade Description: The price failed to probe below the 15 USDT mark and posted a head and shoulders signaling a potential of a reversal. As well, we have a smaller head and shoulders where the price might bounce at its neckline and then a move upward toward the target profit. ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️ ------------------------------------------------------------------------------------- 🙂 Good Luck!
Long
by CollegeofPips
1
CAKE / USDT Recently Added Coin on BinanceCoin for local work, breakout entry or pullback after a downtrend breakout. Group 3. It is worth adding that the usual practice is used, the price on low-liquid exchanges is accelerated by burning money and the Binance exchange is added at the very top of the pump. The maximum price on the market was $ 18.9. Now there is a pullback and the price is $ 10.9. But the humor is that tradeview doesn't show charts for small exchanges. On them, the price was 14 times lower recently than the price now at the "bottom" of the Binance exchange. There are a lot of inexperienced traders on the Binance exchange who will buy "at the bottom", therefore, you can make money on this. When large market participants drop their positions, for this you need to generate a wave and interest from speculators and investors, you can make money on this. An example of such coins that gave hundreds of percent and were added to Binance at more than 10 times the price when listed. For example, here is this coin, for which I made a trading idea for which the profit was more than + 700% at the moment. And for manipulators 267X!!! + 735% since the publication of my trading idea, and for "conspirators" ( manipulators+Binance ) more than 296X !!! The price is still in an uptrend.
by SpartaBTC
10