CAKE directionHTF breaker block resistance, might go to mitigate upwards before coming back down to bounce again.
CAKEUSD trade ideas
CAKE/USD: Ready for a Massive Breakout?Chart Analysis:
1. Timeframe and Price Context
Timeframe: Daily chart (each candlestick represents 1 day of trading).
Price Levels:
The current price is $15.486779, as indicated on the chart.
The price range on the chart spans from near $0 (early 2021) to a peak of approximately $47.862159 (late 2024), followed by a sharp correction to the current level.
Trend Overview:
2021-2023: CAKE starts near $0 and experiences a strong uptrend, likely driven by the growth of the Binance Smart Chain (BSC) and DeFi adoption, peaking around $40-$50 in 2021-2022, with some consolidation.
Late 2024: A significant rally pushes the price to $47.862159, followed by a sharp correction.
Early 2025: The price has stabilized around $15.486779, within the annotated "Buying Zone."
2. Key Patterns and Annotations
Post-Rally Correction:
After reaching a peak of $47.862159, CAKE experienced a steep decline (approximately 68% drop to $1.5486779), indicating a strong correction phase.
This correction likely reflects profit-taking or broader market pressure after the rally.
Buying Zone:
The chart labels a "Buying Zone" around the current price level of $15.486779, suggesting this is a perceived support area where accumulation by traders or whales might occur.
This zone aligns with a horizontal support level where the price has consolidated after the correction.
Breakout Prediction:
An upward arrow with the annotation "TG 4BS" suggests a bullish target, which I interpret as $48 (given the price scale and the prior peak of $47.862159). This would represent a ~210% increase from the current price of $1.5486779.
The target aligns with the prior all-time high, indicating a potential retest or breakout to new highs.
3. Support and Resistance Levels
Support:
The "Buying Zone" at $1.5486779 appears to be a strong support level, where the price has stabilized post-correction.
If this support breaks, the next significant level could be around $10-$12 (a psychological and historical support from 2023).
Resistance:
The immediate resistance is likely around $20-$25, a prior consolidation zone during the uptrend.
The $47.862159 level (recent high) is a major resistance, and the $48 target (as annotated) is the next key level to watch.
4. Volume and Momentum (Not Visible but Inferred)
Volume bars are not clearly visible, but typical behavior suggests:
Volume likely spiked during the rally to $47.862159 and decreased during the correction as selling pressure eased.
A breakout would require a volume surge to confirm, especially if the price moves toward $48.
Momentum indicators (e.g., RSI or MACD) could indicate whether CAKE is oversold or showing bullish divergence, supporting a reversal.
5. Potential Scenarios
Bullish Breakout:
If CAKE breaks above the $20-$25 resistance with strong volume, it could confirm a bullish trend, targeting the $48 level.
The "Buying Zone" at $1.5486779 suggests accumulation, which could fuel a rally if buying pressure increases. This would align with a ~210% move, consistent with prior bullish cycles in DeFi tokens.
Bearish Breakdown:
If the price fails to hold the $1.5486779 support and breaks below, it could signal further downside.
The next support at $10-$12 could be tested, potentially leading to a deeper correction.
Consolidation:
If the price remains within the "Buying Zone" (around $15-$18), it might continue to consolidate until a catalyst (e.g., BSC ecosystem growth, market rally) triggers a move.
6. Market Context
DeFi and BSC Influence: CAKE, as the governance token of PancakeSwap (a leading DEX on BSC), is influenced by DeFi adoption, BSC network activity, and broader crypto market trends (e.g., Bitcoin and Ethereum performance from your previous charts).
Whale Activity: The "Buying Zone" annotation suggests whales or smart money might be accumulating at this level, similar to your earlier analyses of Ethereum, UNISWAP, Bitcoin, and Dogecoin. This could set the stage for a breakout.
Timing: On a daily timeframe, a breakout could occur within weeks to months, depending on market conditions and catalysts.
CAKEUSD - Bullish PhasePancake Swap was a used App lsat cycle.
Backed by Binance.
Small Market Cap.
~70% of Total supply unlocked.
Time to jump soon.
This is not a trading advice.
Thanks.
St.Gex
CAKE IS EXPLODING !#CAKE has a real huge positive pattern which can make this coin rise alot !
the market has a super nice rising channel in high time frame i think due the positive pattern in the lower price , the market can rise alot
900 % PROFIT ON CAKE !#CAKE is one of the biggest exchanges in the world there is a huge fundamental news behind it and this platform is beyond the other exchanges as its a DEX !
the coin of this DEX was in a real huge down trend and its obvious that it needs a good rising structure
the bearish elliot waves are made correctly and now the 1st bullish wave is made
i expect the market to make a good reaction to its demand zones and make a good rising waves as soon as possible !
CAKE Scalping + Forecast (2-19)🔥 Market Overview:
Trend: Bullish recovery, testing key resistance levels.
Key Levels:
Resistance: $2.76, $3.12
Support: $2.55, $2.28 (EMA 200)
Indicators:
EMA 9 ($2.55) – Price holding above short-term EMA, bullish signal.
EMA 200 ($2.28) – Price comfortably above long-term EMA, confirming uptrend.
Supertrend: Bullish.
MACD: Weak bullish crossover but losing momentum.
RSI: 55.70 (Slightly overbought but still has room for upside).
🔥 Scalping Strategy:
🩸 1. Range Scalping
Buy near $2.55-$2.60, targeting $2.75-$2.80
Sell near $2.75-$2.80, targeting $2.55
Stop-loss below $2.50
🩸 2. Momentum Scalping (Breakout Play)
If price breaks $2.80 with volume, buy targeting $3.00-$3.12
Stop-loss below $2.70
🩸 3. EMA 200 Retest Play
If price drops to $2.28 (EMA 200), strong buy opportunity targeting $2.60-$2.80
Stop-loss below $2.20
🔥 Mid-Term Trend Forecast (1-3 Weeks):
A break above $2.80 could send price towards $3.12-$3.30.
If rejection occurs at resistance, expect a pullback towards $2.55-$2.28 before another attempt.
Losing $2.28 (EMA 200) would invalidate bullish momentum, bringing downside risk to $2.00.
🔥 News & Market Context:
No major news catalysts, movement mostly technical.
Market sentiment remains cautiously bullish.
High volatility expected—watch price reaction at resistance closely.
🔥 Decision:
🩸 Short-term: Bullish, but cautious at resistance.
🩸 Mid-term: Waiting for breakout confirmation or dip-buying opportunity.
🩸 Ideal Play: Buy on dips near $2.55 or EMA 200 at $2.28 for a safer entry.
👑 Final Verdict:
The trend is bullish, but key resistance must break for further upside. Smart money waits for either a breakout or a pullback entry.
🔥 FinCaesar’s Statement:
"Victory belongs to those who prepare for both war and peace—strike where the odds favor you." 👑
#PancakeSwap #CAKE LONG TERM TARGETS IN 2025Based on the CAKE token’s chart, it can be observed that its price movements are quite channeled and orderly. In November, it broke out of its channel, and recently it has pulled back again to the channel’s upper boundary. Considering the price movement model from October 2023 to February 2025, it appears that its corrective structure has likely come to an end, and we can anticipate price growth throughout 2025.
TARGETS:
1- 7.5$
2- 10.5$
3- 20$
4- 27$
STOPLOSS: 0.95
CAKE’s Last Stand? Major Support from 2020 HoldsCAKE just bounced off a long-term support level dating back to 2020, and the RSI is flashing a subtle bullish divergence—suggesting this could be the final dip before a reversal. Historically, CAKE has moved in sync with BNB, and with the broader market heating up, this could be a prime setup for a massive upside move.
If momentum kicks in, we could be looking at a potential 10x rally from here. However, bulls need to defend this zone; a daily close below $1 would invalidate this setup and signal deeper downside risk.
Keep an eye on volume and market sentiment—if we see strength building, this could be the beginning of a major comeback for CAKE.
CAKE update #CAKE has a perfect pattern in long term I think it can make a big rise to the roof of the rising channel also the bearish waves are over this can cause a big rise !
Cake is settlingBINANCE:CAKEUSD is trading at $2.5 and has local support near $2.2 to $2.0 from where lies most of the liquidity.
CAKEUSD (1W) - buy the dipHi traders,
Here it is my idea for a long position on CAKEUSD (1 week time frame).
the price hit a local high in March 2024 and hit another high in November 2024, now we can hope in a bear weak to have a bounce up after. The idea is to enter in the buy area, which is determined by the shadows of the last two candles. The best would be if the price will hit the SMA in the buy area and use it as a support too. The buy area is between 2.729 and 2.527.
We will put our first take profit at the level of the last high, at 4.613. The second take profit will be at 5.393, when the price hit a local high in November 2022.
Good luck!
Cake Usd | Just going downIf we set aside the aspiration of creating new highs and focus purely on the price behavior, there’s little appealing about this currency's performance. The market maker for this token appears to be notably weak.
In its previous move, if it had managed to break above the $5 level, we might have considered a bullish scenario. However, the reality is that many holders and investors have become disillusioned. The token's support cannot be sustained merely through promotional news on platforms like Telegram and Twitter.
Personally, I’ve placed trust in this currency multiple times, only to witness it reach new lows each time. The current monthly rejection candle suggests a potential move toward the half-dollar range, reflecting the market's negative sentiment.
Interestingly, their platform seems to generate sufficient income, which might imply that a lower token price is not necessarily detrimental to them. This perspective could align with their broader strategy, but it does little to instill confidence among the token’s investors.
This is not financial advice.
CAKE/USDT Long CAKE/USDT 4H Technical Outlook 🚀
🎯 Price Action:
Current Price: $3.36
Support Zone: $3.13 - $3.31 (Fibo 0.618 - 0.705)
This area is acting as a strong demand zone.
Resistance Levels: $3.55 (Fibo 0.5) and $4.58 (Key resistance level).
📈 Expected Scenario:
If the support zone holds, the price may first test $3.55.
A breakout above this level could lead to $4.58.
Breaking $4.58 opens the door for targets at $5.14 - $5.86.
⚠️ Key Levels to Watch:
If the support fails, the next zones to watch are $2.95 and $2.52.
RSI is showing signs of recovery, but increased volume is needed to confirm momentum.
📊 Summary: CAKE is gathering strength at key support and could trigger an upward move.
#CAKE #Crypto #Altcoin #TechnicalAnalysis 🚀
CAKE with a possibility of (+190%) growthCAKE is showing great momentum that could lead a rise up to +190% between $8 to $12. The monthly timeframe is favoring higher prices. The target is aug/sep 2021 highs where is an anchored vwap from the same highs and fibonacci levels from dec 2021 alongside with a monthly level in a strong resistance zone.
pancake swap next spike !here is the #pancake_swap pattern which is super bullish the market took the last liq at the wave 2 the pattern is exacly like solana at the bottom of its rising be aware of its next moves !
cake is going to moooon !#cake has a perfect pattern look at this analysis which i posted before
i think its the start of rising of this coin !
It is Christmass ! Let EAT some CAKE !As you can see A CUP And Handle Pattern Has been shaped ! so you know the next ?!
Always DYOR !
Marry Christmas ! Peace for our world !
PancakeSwap (CAKE)PancakeSwap is an automated market maker, a decentralized finance application that allows users to exchange tokens, providing liquidity via farming and earning fees in return. Cake's price rose as its popularity did; then cake entered a corrective phase, a long one. It seems cake's price is headed toward the Fibonacci's golden pocket 0.618-0.65 area. Let's see if price can reverse from this area or goes down further.
CAKE ROADMAP (1W)It seems that the CAKE token has likely completed a diatonic structure on higher timeframes and has transitioned into an ABC or potentially a more complex pattern.
Wave C of this new structure could initiate within the highlighted green zone. Wave C is anticipated to be bullish.
However, if a 3-day candlestick closes below the specified invalidation level, this analysis will no longer hold valid.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
$10 a Cake soon or late !Right now CakeUSD built a Bullish flag pattern with break out of the channel prise could rise at least as high as the channel's width !
Cake updateDex is a narrative of the bullrun and we haven’t seen it actually or at least it’s intensity so we’re gonna stick to the cakes we accumulated, we have the green box which is the most amazing price if we ever touch again tho it’s unlikely and the tps which the last one is somewhere close to 20 which is my highest guess tho I can’t tell if we go higher or not but i keep you updated in the path .
Stay safe
CAke, now wave 2Looks like cake is going to make a wave 2 to the 382 fib.
From there ill jump in to finish the wave 3
