CAKEUSDT To The Moon!CAKEUSDT (4H CHART) Technical Analysis Update
Resistance zone breakout
CAKE/USDT currently trading at $16.40
Buy-level: $15.75 - $16.40
Stop loss: Below $13.00
Target 1: $20
Target 2: $25
Target 3: $30
Target 4: $40
Max Leverage: Don't use any leverage on this trade
ALWAYS KEEP STOP LOSS...
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Cakeusdt
CAKE/USDT Prediction AnalysisGood morning to all respected Investors and Traders,
I made a simple analysis for CAKE/USDT
So I reckon you guys to entry at my sign and take profit also at my sign..
And Time will tell..
Happy trading y'all and good luck!!
PS: THIS IS NOT Financial advice. Please DYOR before entry the market..
Bullish Cup and Handle Forming for Pancake Swap ($CAKE)I'm getting more and more bullish on Pancake Swap ($CAKE) on a daily basis. The chart is bullish, the fundamentals are bullish and they are taking their inflation concerns seriously.
If they keep adding more coins moving over from the ETH network, they can easily be one of the top market cap DEXs on the market.
possible 39% gain in 10 daysCake has gone through the biggest hurdle now and did really good when almost every coin dropped 5-10% last evening. It seems that their is a high probability that cake reaches around 40% gain coming days. Good money, especially if you stake cake with 250-300% apy. measurement from current point until highest resistance point is 39%.
Pancake Swap ($CAKE) Buy Zone Around $10.65 With BTC CorrectionI'm starting to get more bullish long-term on Pancake Swap and would love to grab more tokens in the range of $10.65-10.75.
This one will take off once we get out of this correction with lots of good news and they are taking their coin inflation seriously.
With more tokens going over the Binance to reduce fees for buyers, Pancake Swap is quickly gaining market share.
Pancake Swap ($CAKE) Consolidating Before $14.60 TargetPancake Swap ($CAKE) is in a great spot to buy on the low end while it bounces between $12.80-13.55.
I'm looking to sell about 75% each time it hits $13.50 and then buy back in at $12.85. I like to have a bit of cushion as I've missed out on trades by pennies trying to get exact.
Look for it to breakout over the next few days to reach my price target and previous resistance around the $14.60 mark.
Pancake Swap ($CAKE) Will Continue to Climb Thanks To UniswapWith Uniswap's announcement that v3 won't be coming until May, Pancake Swap will pick up even more market share as people look for lower transaction costs.
Once it breaks through the $12.57 resistance, it will easily reach $13.41 and $14.61 is completely possible in a short timeframe.
Look to play this one for the short-term, however, due to their tokenomics creating a lot of inflation over the long-run.
CAKE - Still work to do to get to $13Cake finally showing some bullish price action but still neutral on this ALT based on initial sketched TA
Immediate Target is $14.5. Punchy at 45% with lower probability than I'd like. Ideally Id like to see cake break and hold the $13 - $14 range. Downside still looks lumpy.
Best, Hard Forky
Bullish Pattern on CAKE!CAKE should be breaking anytime within this 3 days. Symmetrical triangle pattern formed.
Higher tendency of breaking to the upside. Target to retest the previous high at $21. That is a 100% gain from the current price $10.60
Breaking downwards should retest the $5-8
Note: Not a financial adviser, just my own personal view on this current pattern. Trade at your own risk.