cake/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
The bottom looks like its in and we should be working towards wave (3).
CAKEUSD trade ideas
cake/usdHello friends
The cake's currency code formed an AB = BC pattern that retreated 61.8% of the A wave. Therefore, I conclude that the price target could have been 1.618 BC wave retreat, which hit its target yesterday and today the market had a good reaction to this area, which caused a 20% growth of this currency code. Cypher is approved with a target range of $ 25 to $ 26.
what is your opinion ?
$CAKEUSD Key levels, Analysis & TargetsCAKE/USD Key levels, Analysis & Targets
Time frame D1 Bullish Divergences in MACD Indicator
CAKE Long LRC Short ?I'm looking for Pairs to trade against each other to offset the risk of a single trade.
With a "± simple" calculation of each possible outcome of A UP / A Flat / A down - B UP / B Flat / B down i look wich move in A/B is the most likeliest.
CAKE / LRC UP 4 19%
CAKE / LRC Down 4 30%
LRC / CAKE UP 1 6%
LRC / CAKE Down 4 38%
Cake bullish play short term set upStrong support at $5.00 because 80% drop from B wave top down to C wave, would expect a relief rally at least to $13 and up to $16 corresponding to fibonacci levels between 40-50% conservative as per previous B wave high.
- if you have been buying from $10 and down, stake and wait to take profits- I would only take 20-30% with possible retest lower, but preparing for any major bullish change.
CAKEUSD with WTZ1 and WTZ2 in multi-swing setsCAKEUSD has been forming on WTZ1 and WTZ2 trade set up in multi-swing setsWTZ2 in downtrend (TF Day). We can measure the target price with Fibo P.200% together with Fibo E.61.8% measuring from the multi-swing sets. It's possible to continue the downtrend to this target. So, I decide to open short again for BNB and also other crypto coins with this setup due to high expected rewards with limited risks.
PancakeSwap (CAKE) - January 22Hello?
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(CAKEUSD 1W Chart)
Above the 9.0760290 point: the uptrend expected to continue
Above 16.1961041 point: Expected to create a new wave.
If it does not quickly rise above the 9.0760290 point, it may enter the mid- to long-term investment area, so careful trading is required.
However, it is important to move sideways around the 9.0760290 point to break out of the downtrend line.
It must rise above the 16.1961041 point to turn into an uptrend.
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(CAKEBTC 1W chart)
Above 0.0002903 point: Expected to create a new wave.
It must rise above the 0.0002903 point to turn into an uptrend.
If it declines from the 0.0001652 point, there is a possibility of entering the mid- to long-term investment zone, so you need to trade cautiously.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, 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 be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for 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 been released yet.
(Since it was not disclosed, 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 can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Cake buy opportunity cheap prices coming up- Ladder down from 14 down to $10.
- Stake on pancakeswap and hodl
- holders have been growing insanely, great chance to swing up to $100 in few months.
cake go to 80 dollar ?if successfully brake red line looking entery . this is ready to new ATH around 80 $
CAKE MOON OR DOPE :)
It looks like the cake made a false breakout by coming out of the channel. purchases have come from its strong support and it has made a bear trap.
but still nothing clear yet for ıt to go to the moon.
A value of 16.75 is critical. if above this value it can break the channel upwards. When it comes back to 16.75, we can take a position and go to the moon.
Don't forget, it has to break the channel above 16.75.
Get that Cake - Long on CAKETime to get that cake
Long on CAKE perp
Conditions :
- broke out of range
- wait for retest to previous resistance
- determine a rebound and long from there
Target :
The 200 EMA on the 4H confluence with previous supply zones
CAKEUSD ForecastCAKEUSD is blocked by 11.5. The current candle is actually bearish by its opening but not by its low.
It's not a sweet cake, nor bitter. It's neutral.
But there is a bullish presence in there, but we have bearish interests due to a zone that is already closed which is 10.85. The setup will need patience.
9.9639534 is the potential target for a bias of 8.7571298
.
Khiwe
On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.
CAKE should not break below current volume supportCAKE should not break below current volume support.
There is a huge lack of volume below what can lead to a fast down movement, if this volume support does not hold.
A confirmed breakout of the price and volume resistance in reverse would finally lead to new ATHs.
What do you think about that? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
CAKE on crucial support !Just a view on how cake has bounced off of these levels previously several times. Something certainly to watch on..
CAKE/USD NEW IDEAHello friends.
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**It's not financial advice.
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PancakeSwap (CAKE) - December 7Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(CAKEUSD 1W Chart) - Mid-Long-Term Perspective
Above 9.0760290 point: Expected to create a new wave.
(1D chart)
It is necessary to check whether it is possible to ascend with support in the volume profile section formed in the section 10.8786252-16.1961041.
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.
To accelerate the uptrend, the price should remain above the 19.0812658 point.
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(CAKEBTC 1W chart)
1652 Satoshi point and above: expected to continue upward trend
2903 Sakoshi point and above: Expected to create a new wave.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, 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 be able 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 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 been released yet.
(Since it was not disclosed, 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 can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Cake move$CAKE looks ready to pop out of this, I expect price to touch the .236 before retracing for a backtest before continuing higher.
CAKE/USDT- is it time to Long?Since Cake/USDT in bearish trend, strong support exist near 12, wait for bullish candle stick (bullish engulfing,Hammer, etc) at support level to buy.
Cake double bottom dailyFormation of the double bottom , so Maybe a long for the next couple of day, to reach the resistance of the weekly triangle
CAKEUSD and UNIUSD - Too Similar to IgnoreAs you can see, there are a lot of similarities between these two pairs
Especially evident on the Gaussian Channel indicator, with both hitting the middle band
I expect this point (middle band) to be a point of bullish rejection for price, which both will follow
