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CAKEPERP trade ideas

Cake could break up the triangleBuying #CAKE if price >= 22 on 4H because: -near broking up (or down) a triangle -on 4h: on MarketDecipher: anchor & trigger wave getting smaller & smaller (see yellow line) -RSI going up since mid september -on daily MACD bullish crossover daily since beginning of october -above 200 EMA D &lower bull trendline acting as support so far. Still below 200 EMA 4H Order type: BUY STOP: 22 TP: 40 Stop loss: 16.66 Risk to reward ratio: 3.37 Capital risk recommended: 1 or 2% To avoid false break out, make sure price is >=22 on 4H time frame. if it goes up, wait for pull back, dont fomo. As always, there will me more opportunities than you could ever handle. If you are more willing to take a agressive trade, agressive you can buy even now. We will update Who is in ?
BINANCE:CAKEUSDLong
by StephBour
1
PancakeSwap (CAKE) - October 12Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (CAKEUSD 1W Chart) - Mid-Long-Term Perspective Above the 9.0760290 point: the uptrend expected to continue 15.1757179-16.1961041 or more: Expected to create a new wave. (1D chart) First resistance section: 19.0812658-20.0044522 Second resistance section: 29.5050311-32.1525450 (psychological resistance section) First support section: 15.1757179-16.1961041 Second support section: 9.0760290-10.8786252 It is important to maintain the price above the first resistance section. Therefore, it is necessary to check if the price can be maintained above the first support level. If it falls from the first support zone, it may touch the second support zone, so trade cautiously. ----------------------------------------------------- (CAKEBTC 1W Chart) - Mid- to long-term perspective 1652 Satoshi-2070 Satoshi or more: Expected to continue upward trend 2687 Satoshi-2903 Satoshi or higher: Expected to create a new wave. (1D chart) First support section: 2687 Satoshi-2903 Satoshi section Second support section: near the 1652 Satoshi point First resistance section: 4174 Satoshi-4837 Satoshi section Second resistance section: 6578 Satoshi-7068 Satoshi section ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
BINANCE:CAKEUSD
by readCrypto
don't forget the Cake inflationmy last prediction was to stay out of the market when the cake was on 25 $ (you can see the idea in my profile) as we saw the cake has already reached its 61,8% fibo , while the other alt coins haven't yet ,and that's because if its huge inflation that what make me just short term investor in cake , so i'm waiting until the bitcoin falls to the 37k zone i will enter the cake mid term trade , and i expect the price will drop to 14_15 area ,(that would be the real 61% fib on cake on the market cap) in worst case scenario i will be missed out and waiting another chance to enter , better than staying in minus .. you can support me just by following me , and leaving like on the idea .. Share your opinion in the comments to compare the cake price with its inflation on market cap just see cake chart on cmc
BINANCE:CAKEUSDLong
by memotion
1
PancakeSwap (CAKE) - September 12Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (CAKEUSD 1W Chart) It remains to be seen if the price can be maintained above the 15.1757179-16.1961041 segment. If it declines from the 9.0760290 point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required. If the price holds above the 20.0044522 point, it is expected to create a new wave. (1D chart) If the price holds above the 19.0812658 point, it is expected that the uptrend will continue. However, the uptrend is expected to accelerate only when it rises above the 22.7629293 point and breaks out of the downtrend line. If it falls from the 15.1757179-16.1961041 section, you can touch the 9.0760290-10.8786252 section, so you need to trade carefully. ------------------------------------- (CAKEBTC 1W chart) It remains to be seen if the price can sustain above the 0.0002687-0.0002903 interval. If it falls in the range of 0.0001652-0.0002687, it is highly likely to enter the mid- to long-term investment area, so careful trading is required. (1D chart) We need to see if we can find support at the 0.0004174-0.0004445 zone and move above the 0.0005074 point to break out of the downtrend line. If the price holds above the 0.0005074 point, I would expect resistance in the 0.0006578-0.0007068 range. If it falls in the 0.0003450-0.0003850 section, it can touch the 0.0002903 point or less, so Stop Loss is required to preserve profit and loss. However, you can touch the 0.0002304-0.0002903 section and rise, so you need to think about how to respond. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:CAKEUSD
by readCrypto
CAKE - looking for longs Here is cake on the 1h timeframe, the reason for us being interested in this coin is that we have a daily uptrend which we have identified, it also looks like now we are about to see exhaustion to that trend and also a 4h level of buy pressure that will send price to the upside. For this trade to be valid we need to see full and complete exhaustion to this level and the uptrend then wait for entry confirmation which will be a significant pin bar on the 1h or a bullish engulfing candle signalling buyers are coming back in.
BINANCE:CAKEUSDLong
by Trade_Rocket_Investments
CAKE/USDT now 91% pure profit and still expecting more TPs#CAKE/USDT Profit Update:- $CAKE currently trading at $21 And Our entry was $11 filled ✅ Now 91% pure profit within a month. I am still expecting it will hit more TPs. but I will suggest now you can free your principal amount and hold only Profit. Entry was $11 ✅ TP1:- $21.50 ✅ TP2:- Pending Support:- $18/$12 Resistance:- $27/$44 Please click like button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
BINANCE:CAKEUSDLong
by CryptoPatel
6
PancakeSwap (CAKE) - August 10Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (CAKEUSD 1W Chart) If the price is maintained above the 15.1757179-16.1961041 section, it is expected to create a new wave. (1D chart) If the price is maintained above the 20.0044522 point, we expect the uptrend to continue. If it goes down, we should see support and see if we can move up the key zone of 10.8786252-16.1961041. 'How far will it rise...' 'If you know this, you will be able to realize profits...' So, if you look at my chart, unfortunately, you can't tell. Setting a target point is a good habit for good trades. However, it must be a target point that you set yourself. A goal set by someone else is practically meaningless because it's likely to be unbearable until you reach that goal, and your goal point may change along the way. If you dare to set the target section on this chart, you can set it as the 38.3519782-40.8453058 section that forms the high point section. Will you be able to climb all the way up at once to reach the goal section? Will it be able to overcome the volatility that shakes up and down to the target section set by others? “Where will the purchase principal be recovered from?” You need to think about this. 'How to increase the number of tokens remaining by recovering the purchase principal' ------------------------------------- (CAKEBTC 1W chart) There is nothing to tell from this chart. However, if the price is maintained above the 26870 Satoshi-29030 Satoshi section, it is expected that the upward trend will continue. (1D chart) If the price holds above the 34500 Satoshi point, it is expected to turn into an uptrend. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:CAKEUSD
by readCrypto
1
CAKEUSDSafeMoon (CCC:SAFEMOON-USD) is one of the newest, most interesting and most mysterious altcoins. For some investors, the SafeMoon crypto is also potentially stepping into the shoes of Dogecoin (CCC:DOGE-USD) as the new preferred altcoin. A close-up shot of the concept for a cryptocurrency exchange page. Source: PixieMe / Shutterstock.com SafeMoon launched in March, just a handful of weeks ago. Since then, it has picked up huge momentum on social media. With hundreds of tweets endorsing SafeMoon and pushing for the coin to hit the 1-cent milestone, it is clear the crypto has a serious backing. The coin is up 2,000% since its initial listing. Many are likening it to DOGE, and some think it’s destined to be the successor to the meme coin. The company is playing up the newfound backing, boasting about being the “most successful crypto” on Twitter and putting out cryptic teasers for fans to speculate on. The coin is not without controversy, however. SafeMoon has faced its fair share of backlash, and some think that the crypto could be a scam. Speculation from these critics points to the coin being another Bitconnect-type scheme where developers run off with investor money. Others say that the company’s model is a scam in and of itself, as it punishes those who sell their coins. All this being said, there is still a huge interest in Safemoon.
BINANCE:CAKEUSD
by TKProphet
1
PancakeSwap (CAKE) - July 18Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (CAKEUSD 1W Chart) If the price holds above the 9.0760290 point, it is expected to maintain an uptrend. However, since the support section is weak, it is recommended that the price rise above the 16.1961041 point and maintain the price. (1D chart) If the price is maintained in the 9.3962999-17.7234416 range, it is expected to turn into an uptrend. However, if you touch the 9.3962999-10.8786252 section, you have to watch for a sharp rise. If it falls from the 9.3962999 point, it is expected to enter the mid- to long-term investment area, so you should also think about it. In order to continue the uptrend, the price must rise above the 20.4991555 point to sustain the price. ------------------------------------- (CAKEBTC 1W chart) If the price is maintained above the 26870 satoshi-34500 satoshi range, it is expected that the upward trend will continue. (1D chart) If the price is maintained in the 40530 Satoshi-53580 Satoshi section, it is expected that the upward trend will continue. If it falls from the 40530 satoshi point, it can touch the 20950 satoshi-27480 satoshi section, so Stop Loss is required to preserve profit and loss. However, since you can touch the 26870 Satoshi-34500 Satoshi section and rise, you should also think about preparing for it. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L : Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:CAKEUSD
by readCrypto
3