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Pancake

CAKE near supportHello Everyone Famous decentralized exchange sponsored by Bainance... CAKE had an uptrend after 77% correction but failed again and is back to support at $ 11.5 and $ 9.5. Enter the buying position in a few steps The first step is $ 11.5 The second step is $ 9.5 Distance to historical ceiling 270% . . If you have any questions, you can write it in comments below, and I will answer them And please don't forget to support this idea with your like and follow, thank you...
CLong
by MohammadWaezi
3
Let them eat CAKE!Right now we could see a nice falling wedge after a bearish Crab Harmonic Pattern that after it reached the pcz, retraced to the .618 fib level from which it has been holding as support for 6 weeks now. Yes it struggled at the 200 day sma but it never dumped and created alot of support by doin so. Rn Cake is perfect for a trade because its very easy to manage risk at these levels. A close below 17.80$ could signal more downside on CAKEUSDT but if it manages to break the supply line of the potential falling wedge it could end this consolidation/accumulation at high levels and sideways movement with a big bullish engulfing candle in the next days or even hours. Stop losses are manual because we always want a candle close confirmation b4 selling. Today i learned a valuable TA Lesson i used the same chart for the last months for CAKEUSDT. I always studied the same CAKEBUSD chart which was cluttered with drawings which made me biased. i never hid all my drawing or looked at a clean chart which was a distraction from developments that happened on the Chart. From now on i will take a fresh look at stuff and also focus on the most important drawings and start hiding stuff more often while charting.
Long
by luyestefan
CAKEUSDT: ANOTHER SHORT OPPORTUNITY ON PANCAKE SWAP?Hello Enthusiast Coin Traders! Here's medium-term outlook for CAKEUSDT , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) CAKEUSDT broke out of the Rising Wedge pattern. Rising Wedge Pattern indicates a potential bearish movement ahead. The MACD indicator is crossing down below the zero level, it signify the potential bearish bias ahead. The roadmap will be invalid after exceeding the resistance/target area. DISCLAIMER: This is only an outlook, not a recommedation to buy or sell the cryptocurrency
Short
by financialfreedomgoals101
10
Time to CAKE!As is expected, CAKE mostly underperforms against its native chain token BNB when fear, doubt, and uncertainty are on the rise. People tend to have better sleep when holding "safer" coins like BNB. With bitcoin breaking 47k, market sentiment is most probably going full bull mode in October and coins with lower market caps can rise exponentially. That said, BNB has retraced more than 50% of its downward move (from 320 to 420) whereas CAKE just broke out of its 18-20 range and can outperform BNB by 15-20% in the next few weeks. Time to swap some of our BNB to CAKE!
Long
by godware