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Cakeusdtsignal

#CAKE/USDT#CAKE The pair has been moving in a descending triangle since April 2022 The price broke the upper border of the triangle Supported by the momentum of the Moving Average 100 that is about to be broken Oversold on MACD It is expected to break the Moving Average 100, heading toward upward targets The price now is 20.2 The first goal is 90.4 Second goal 9.30 Which represents 400% of the current price Support and resistance points must be taken into account as there are possible corrections that may take some time during the rise ✅Thank you, for more ideas, hit 🚀 and follow 🤝🛎!
Long
by CryptoAnalystSignal
CAKEUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry zone: 2.1 - 1.8 Targets: will depends on market structure, but minimal target will be 5$, there need to fix atleast half of pos. If we will draw impulse then next target will be 10$ zone. Stop: ~1.2 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 10 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
"CAKE/USDT Long Trade Setup: Symmetrical Triangle Breakout SignTrade Setup for CAKE/USDT: Long Position Analysis: CAKE is exhibiting a symmetrical triangle pattern, indicating a potential breakout with a strong rebound. The current market trend supports a bullish outlook. Entry: Entry Point: Current Market Price (CMP) Additional Positions: Consider adding more if the price drops to $2.38. Targets: $2.56 $2.7 $2.9 $3.2 Stop Loss (SL): Set the Stop Loss at $2.285 to limit potential losses. Leverage: Use leverage cautiously: 5x to 10x. DYOR
Long
by CRYPTOMOJO_TA
5
CAKEUSDT.1DBased on the provided market data, the CAKE/USDT pair is currently trading at $2.444. The Relative Strength Index (RSI) over 4 hours is 46.19, which is relatively neutral. This suggests that the asset is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) for the same period is at -0.011, which indicates a bearish signal, as the MACD line is below the signal line. The Bollinger Bands (BB) 4-hour value is at 2.443, which is almost equal to the current price. This suggests that the price is fluctuating near the middle band, indicating a sideways movement. The first, second, and third support levels over 4 hours are at $2.276, $2.049, and $1.780 respectively, while the resistance levels are at $2.746, $2.828, and $2.293 respectively. Looking at the 1-day data, the RSI is at 61.18, indicating a bullish momentum as it is above 50. The MACD is at 0.264, which is a bullish signal. The BB value is at 2.811, which is higher than the current price, indicating a potential upward movement. The support levels are at $2.198, $1.666, and $1.280, while resistance levels are at $2.857, $4.009, and $4.719. As for the 7-day data, the RSI is at 67.78, indicating a strong bullish momentum. However, the MACD is at -0.0055, which is a bearish signal. The BB value is at 2.930, which is higher than the current price, indicating a potential upward movement. The support levels are at $1.507, $1.083, and $0.650, while resistance levels are at $4.075, $4.810, and $5.490. In conclusion, the short-term (4-hour) indicators suggest a bearish or sideways trend while the medium (1-day) and long-term (7-day) indicators suggest a bullish trend. It seems that there might be some short-term downward or sideways movement before the price potentially starts to rise again. Please note that this analysis is based on historical data and does not guarantee future performance. Always do your own research and consider your risk tolerance before making investment decisions.
by MarsSignals
3
CAKEUSDT Elliott Waves Analysis (LONGTERM)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Waiting for last upward movement in zone 2.8 - 3$, then will be deep correction. Targets: 5 after first target reached move ur stop to breakeven Stop: ~1 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 14 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
CAKEUSDT Elliott Waves Analysis (Global Vision)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. BUY ZONE: 1.1 - 0.7 minimal target zone: 2.5 - 3 Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
by trytofeelpositive
6
CAKEUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. (update) Earlier first target was reached(4.5), stop already in breakeven 3.4 Next targets: 5 - 5.5 - 6.2 Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
2
CAKEUSDT Elliott Waves Analysis Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. (update) In previous analysis i gave recommendation to buy CAKe in 3.5 - 3.2$ zone. Entry: market and lower Target: 4.5 - 5.4 - 6.2 Main target zone: 6 - 6.5 after first target reached move ur stop to breakeven Stop: 3.1(agressive) ~2.55(conservative) (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 4 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
9
CAKEUSDT Elliott Waves Analysis Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower (perfect entry zone 3.5 - 3.2) Target: 4.5 - 5.4 - 6.2 Main target zone: 6 - 6.5 after first target reached move ur stop to breakeven Stop: ~2.55 (depending of ur risk). ALWAYS follow ur RM. Risk/Reward: 1 to 3 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
8
CAKE/USDT TRADE SETUPHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice. Welcome to this CAKE/USDT TRADE setup. CAKE looks bullish here. CAKE is breaking out from the bullish pennant in 1hr time frame. Expecting a 20-22% pump from here. Buy some now and add more in dips. Entry range:- $9.2-$9.4 Target:- 20-22% SL:- $9.04 This chart is likely to help you in making better trade decisions if it did consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
CAKEUSDT Analysis (LOCAL VISION)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 8.5 and 9.9 after first target reached move ur stop to breakeven Stop: 5.9 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 2.5 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
CAKEUSDT This route can be happenHello everyone Cake is one of the most powerful token of defi exchange that can be have a campaign with Dydx in future According to the chart and to the trend of market , you can see the market is moving to have some correction and need to recovery itself then its ready to continue the route as the trend wanna go . This route that we can drwan on chart it can be the movement of the price to re-test again the support zone in the bottom (Blue box) and until the price is not broken the second key point level the trend is moving in downward and when this key point is broken the trend can be change to the upward. If you wanna take position and buy or sell, check the chart with your own analysis and use your own strategy Previous analysis : Good Luck Abtin
Short
by Abtin00
2