Cakeusdt
CAKE/BTC Ready for Breakout...?#CAKE/BTC TA Update:-
#CAKE currently trading at 6200 satoshi
I am waiting for the break-out Upward side.
Waiting Resistance line break out.
After we can see skyrocket.
So I am accumulating some #CAKE here and waiting for dip also.
Entry:- 6200-5600 Satoshi
Targets:- 7238/7983/9000/9877
Stop Loss:- Will Update
Support: 5900/5600
Resistance:- 7238/7983/9000/9877
Please click the like button and Appreciate my hard work.
Must follow me for the latest crypto real-time updates.
Thank you.
Cake looking forward to a possible step up to $70This log chart channel looks nice to me.. When comparing the average percent gains after previous consolidations - and given the steady growth I expect to see with CAKE as the utilization of BSC continues upward - the target of around 100% lands on a FIB level @ $70. Although It's possible we may dip down to touch $33 mark before heading up according to the FIBS. To me this appears to be numerical confluence hinting at an approximate target.. Tell me where you believe CAKE is going in the comments..
CAKE > Might Be a Good Buy Here to Test the Highs. 40% ROI.I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis on #CAKE
Hello friends.
CAKE supported here and might rally 40% to test the recent high, however, i would take 20% first TP.
Safe trading everyone
Check today analysis below⠀
>> “Time is your friend; impulse is your enemy.”
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
CAKEUSDTCAKE/USDT
Buy some below 31$
Retest of 0.618
Bottomed out stoch RSI
OBV Break out!
Exit if we lose 27$
CAKE - Best purchase price impossibleWe are at the best price to buy or at the beginning of a bearish market deepening.
To sum up: if you buy, be cautious if you own, keep your fingers crossed that a new rally is coming.
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER. You invited to share your vision in the comments. Thank you
CAKE/USD - Can support hold us at $29? If not, $21 next!CAKE did a nice ATH at $44 at the end of April and ever since we have been correcting downwards.
Right now we found support on the $29 level, but this is unlikely to hold us if the bearish momentum continues. The indicators on daily are bearish with MACD and RSI falling and this trend does not give any signs of relief.
As such, better wait if you are interested to buy CAKE, you may get a better opportunity later on.
For sure buying around $21 is a much better entry if we get it as that is also our previous ATH. Thus, wait for now and let price lead the way. We're still bearish, so no need to rush or FOMO into it.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
💡CAKE: BUY Trade🚀🚀🚀🚀🚀🚀 #ALTSEASON2021📈#CAKEUSDT
➡️Entry: 31.5$
🎯Target 1: 40$
🎯Target 2: 65$
🎯Target 3: 100$
CAKE SUPPORT As you can see CAKE has found strong support on the 4HR Chart. I believe once the dust settles in the market after the Elon stuff CAKE will continue to pump. This is not finance advise, this is just my opinion.
CAKE ELLIOT WAVE COUNTCAKE seems to have finished one full cycle with that last correction. If BTC drops it could however drop further to the 25$ area.
the previous structure shows 5 waves with the fifth being extended. these 5 waves are the 1st wave of a bigger structure and the ABC correction is wave 2. IF BTC holds here we could see the start of wave 3 that can stretch up an should be longer than the previous wave 1..
$CAKE/USDT Ready for 100% profit...?#CAKE/USDT TA Update:-
$CAKE is looking good at this level.
I am buying here some $CAKE
Entry:- $27-$30.50
Targets:- $40/$44/$50/$61
First $37 is big resistance right Now.
If breakout this resistance then we can see $60 also.
I am accumulating $CAKE at every big dip.
Support:- $28/$21
Resistance: $40/$44/Moon
Please click LIKE button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
My idea for CAKE/USDT in the coming days/weeksI can see a bullish flag on the CAKE/USDT daily chart: prallel descending channel after a long price explision.
No RSI or MACD divergence (higher highs on price and the latter 2 indicators alike) -> I expect no trend reversal, I am still bullish.
Strong confluence:
min/max price Fibonacci 0.618-level retracement aligns with
default daily Keltner Channel bottom.
Also a past resistance ($29.333) is almost touching these levels. Past resistance may act as support for this falling price.
Checking the 4-hour chart a bounce upwards may be imminent. If it breaks the upper channel level, it may go up to ~$54.
If I stick to the daily chart, I assume the price would go up to the channel top, bounce back to around ~$30-$31 then race up to break the upper channel level all the way to $53.
Also the Fib-retracement level 1.272 level is ~$54.
We will see how this works out.
path to 50Cake is stuck in a consolidation pattern but looks to be in a bull flag
Target (depending on how you read the flag pole) looks to be north of 50. I have my first target at the 2 fib level. Could go all the way up to the 2.618.
I found a fractal that was right before this one that had some similarities with confluence to the same level the flag pole would tag us to.
Of course, this all depends on the stability of the big boys ($eth and $btc) but this is definitely one that has cooled off and primed for another big move soon.
Cake cake cake cake
DYOR and GL!
