Cakeusdt
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!
Cake; on the Bottom of ascending channel CAKEUSDT is on the bottom of its long term ascending channel, in lower time frame it forms a falling wedge and a double bottoms as well.
So it have a very bullish chart and a upward rally is expected any time soon.
in case of breakout, targets are: 39- 42 - 49 - 58 dollers.
happy hunting!
CAKE USDT in correction waveElliot wave completed and now correction wave is in process. So, now cake can retrace back to 0.618 fabonacci level. And then starts its extension wave,
This is not any financial advice but i'm trying to learn. So, any expert may guide me in my mistake in reading this chart.
CAKEUSDT - How to find a good CAKE entryCAKE and pancakeswap are trending hard right now, its a great defi solution that's innovative and has triple A backing in Binance.
The common thought for most is, how can I get in on that profit?!
One way to do it is buy low, sell high! In order to buy low, you need a good entry, luckily, I think I've found one!
In todays video I go over how I find potential entries for profitable trades and apply it to CAKEUSDT
=== TimeStamps ===
0:00 = Welcome!
0:35 = Patterns
1:20 = Fibs
5:20 = Resistances
7:30 = Price path
11:00 = Entry
12:05 = Stop limit
12:30 = Take profit
14:45 = Fundamentals
15:15 = CoinMarketCap
17:30 = Tradingview ideas
18:50 = CoinMarketCal
19:20 = r/pancakeswap
CAKE, CAKEUSDT - two possible scenariosHello guys,
Quick idea here
The CAKE/USDT pair continues to move in a short-term downtrend. Now the bull flag pattern has reached the previous horizontal resistance (and our target from the initial call when the price was $22), which turned into support. From here I expect a reversal with the next target marked on our chart.
The daily chart is in line with the consolidation pattern as well.
So in brief, I think if the price stabilized around this area we will see an uptrend continuation and reach the $45 target, then make a pullback to $40, which will be turned into support. The more pessimistic scenario will be to break below the support and touch the lower boundary of the bull flag, very similar to what we had on April 18.
Old idea here:
Stay safe !
Cheers
CAKEUSDTHello to you all. Mars Signals team wishes you high profits at all times.
This currency has both strong fundamental news and has technically implemented the floor-shoulder pattern. We can buy stairs for the above purposes.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
$CAKEUSDT - Bullish flag, just wait for it to confirmHello everyone!
Bullish flag spotted on PancakeSwap.
Although the pattern is completed and it should resume bullish, I highly recommend to wait for a breakout.
If sell-offs continue, there is a strong support at $30 - $28 area, which is a great buy zone.
CAKE/USDT BULLFLAG $60 TargetAs you can see from this Chart Cake has formed a flag pole and currently in a descending triangle both bullish patterns. If Cake breaks to the upside we could see some explosive gains!!!!
I'm not an expert this is just my opinion!!!!Please be Kind :)
CAKE/USDT can still increase!Hi every one
CAKE / TETHERUS
CAKE/USDT is in a bullish flag which has not broken yet , If the break out happens there can be a bullish movement as big as the flag pole!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck.
Cake - Figure mutation - rectangular flagThis figure is a bullish continuation. Then, to think about a bullish option we must break the upper resistance of the rectangle . It would be dangerous if the 100 EMA is broken, since we would go to the floor of the rectangle . Approximately towards the 200 EMA .
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 yo
Ready For The Next Cake Party?🥞/Super Bullish/Previously on Cake:
- Just broke it's bull flag.
- Retest successful
- Rsi forming a good trend
- Follows Bnb and Bnb mostly follow BTC / BNB is very bullish moving up to $750/
Episode2
*Cake was resting in bull flag after the party!
*Hangover mode of the cake is going away!
*I fell bullish for the next few weeks.
*LET'S FIRE THE SECOND ROCKET.(There will be more rocket to fire)
It's always good point to buy cake but If you are looking a point to buy more just wait for few drawbacks to the up trendline and buy it! /Deff. Not financial advice/
Follow if you like and wanna see more updates on cake.
How bullish is the cake-🥞🥞🥞🥞🥞🥞🥞🥞🥞🥞🥞🥞🥞
CAKEUSDTthis alt has the potential to reach unbelievable values as fundamental but technically the bulls show complete dominance in the chart therefore we consider the last slippage as a correction and go for our targets safely
another mean of publishing this post was introducing a token listing today (10th of may) in pancake swap in name of wealth locks (WLT)
strongly recommend to hold it for more than 3 months for a great fortune
current value is 47.13$
you can do your researches and then enter such a signal
as our observer reported this token showed a healthy fluctuation and we are getting heavy in it with this value . . .
if you entered like we did just head in private chat and discuss the values there
👉This idea has the confirmation of "advanced price action"
👉For more information don't be shy and get in private chat of trading view
👉Hit share and spread the information in public chats or your twitter for everybody to get profit
CAKE LONGCake looking really nice.
Respecting the channel so far. Macro Scenario, we're looking bullish across the board with ETH in ATH.
Expecting projected idea to happen in price action.
Expecting 65 usdt in the coming weeks if BTC allows.
My thoughts alone.
CAKE Bull FlagCAKE/USDT Potential Bull Flag ( Daily log chart). My profit Target is $50.
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Cake-USDT updateMid-ascending channel supported cake... static-daily-time-frame resistant (yellow line) and mid-descending-channel was broken successfully... now stabilizing here is important... u can buy at the pullback
REMEMBER: token burning is near
