CAKEUSDT Will we find support @ 24.20 and where we go?Hi,
Just sharing my thoughts on CAKEUSDT possible scenario.
Timing - 17 days
Possible entry @ 24.20
TP1 - 34.50
TP2 - 42.50
Cakeusdt
CAKEUSDTCAKE has gone through a 40% pullback from its ATH. Having the chance of buying CAKE at this price again is a blessing.
Buy it now as it bounces from 0.5 fib. BTC will not mess with us, can be comfortable now.
TP and SL is indicated on the R/R indicator.
CAKEBUSD (PANCAKESWAP) - BULLISH SETUPANALYSIS 🔎
- CAKEBUSD is on a mid-term uptrend supported by the ascending trendline support.
- The market hit an all time high (ATH) and retraced.
- Price is retesting the flip horizontal support, the ascending trendline support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- The retracement is resisted by the descending trendline resistance.
- Breakout above this descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Aggressive entry : the key fibonacci retracement zone .
- Conservative entry : breakout above the descending trendline resistance.
TARGETS 🎯
- All time high (ATH) resistance.
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support and 0.786 fibonacci retracement level.
Cakeusdt Major trend line break higher low break so cake will next go to 20 or 19 then chance to go up again .
$CAKE feeling bullish - time to buySimple analysis on BINANCE:CAKEUSDT .
Cake is about to go up again in my opinion.
This is not financial advice. DYOR!
CAKE/USDT 1H broke our and now entered in Bull zone#CAKE/USDT LTF TA Update :-
$CAKE currently broke out 1H resistance line and entered in Bullet zone.
Our entry also filled at $28-$29
Now in Profit.
My Targets still the same.
Targets:- $40/$44/$50/$61
1H support:- $30.60
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Cake-USDT updateAt the base of uptrending channel and near to mid of downtrending channel... higher prices is estimated...
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
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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 $33 mark before heading up according to the FIBS. To me this appears to be numerical confluence hinting at an approximate target.. Tell me where you believe CAKE is going in the comments..
CAKE > Might Be a Good Buy Here to Test the Highs. 40% ROI.I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis on #CAKE
Hello friends.
CAKE supported here and might rally 40% to test the recent high, however, i would take 20% first TP.
Safe trading everyone
Check today analysis below⠀
>> “Time is your friend; impulse is your enemy.”
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
CAKEUSDTCAKE/USDT
Buy some below 31$
Retest of 0.618
Bottomed out stoch RSI
OBV Break out!
Exit if we lose 27$
