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CAKE / TetherUS

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CAKEUSDT trade ideas

CAKE/USDT Good for spot buysHey, guys So how is it going on that bearish market guys? We are starting to buy some spot holding for long term so let's take a peek at CAKE/USDT. Alongside this "red" market the Pancakeswap token has been in sideways correctional movement for the last few weeks. However we have approached the Key Support Level at $3.7 which is offering a good possibility for a recovery right there. We are going to have 2 entries on this coin which are displayed on the charts as well. If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Long
by SwallowPremium
11
🔥 CAKE Is Still Dead: More Selling AheadA couple of months ago I made an analysis on CAKE and talked about the terrible downtrend it has been trading in. I noted that a break out through the dotted resistance could indicate that most of the selling was over. Sadly, we reversed yet again and thigs are again looking bad. In my view, we're going to see more selling, potentially even a lower-low in the coming weeks/months. CAKE is still a dying token with little technical reasons to be bullish. Targets in blue.
Short
by FieryTrading
6
💁‍♂️ CAKE/USDT _ 3D 💁‍♂️ HI Everyone, As you can see, the price is in the range of 3.82. In a 3-day time frame, if the price penetrates below the 3.60 range, the price may be accompanied by a correction to the $3 range. 💹 Support Ranges $3.30/3.10$/2.45$ ⚠️ Maintaining the specified range is important! !️ We may see further correction if we lose the 2.45 support range. ❗️⚠️ ❎ (DYOR)...⚠⚜ WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌ IF you like my analysis please LIKE and comment 🙏✌
Short
by SasanSeifi
CAKEUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for CAKEUSDT Here we have R2 and R1 as the resistance areas which include the disability of the price in order to rise. And S1 at the bottom is a support area. At the moment, we have the fluctuation of price over S1 area and we predict an increase is going to happen after a little fall. So if we receive some confirmation candles to rise, an increase will happen to it toward R1. Also it is possible that the price experiences a fall in case it loses the support at S1. Note that it is suggested to activate your stop-loss point due to unstable situation of market. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
SELL PANCAKE Yesterday reminded me how important money management is (LYBRA lost the case with SEC and FTX vs BINANCE news) "If you can't beat the fear, do it scared!" "Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet. "Markets are a device for transferring money from the impatient to the patient. - Warren Buffet "Show me the charts, and I'll tell you the news." - Bernard Baruch "The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become." "If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"
Short
by CojocaruMarian
5
#CAKEUSDT Ascending Triangle BreakoutTrade setup: Trading in an Ascending Triangle and price is approaching $5 resistance zone, where it was rejected in August. It also lines up with 200-day moving average. If price is able to break above that, it could revisit $8 thereafter. (set a price alert). Pattern: Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout. Trend: Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55). OBV (On Balance Volume): is flat, indicating that volume on Up days is equal to volume on Down days. Hence, demand from buyers and supply from sellers are in equilibrium Support and Resistance: Nearest Support Zone is $3.50 (previous resistance), then $2.50. The nearest Resistance Zone is $5.00, then $8.00.
by Cryptbergofficial
CAKEUSDT | Wave Projection | Bull Look SMA20 GoldenX 200 TP+50%Price action and chart pattern trading: > The leading diagonal wave with a possible bullish explosive move +50% based on CUP & HANDLE pattern > The current ENTRY ZONE is considered a strong support at the channel with SMA 20 / 50 golden cross SMA200 > Target CUP & Handle @ 1.618 Fibonacci extension from A diagonal uptrend wave $7.000++ zone. > RSI bullish above 50 and MA line, MACD above base and signal line > Watch out for dump & pump move Always trade with affordable risk and respect your stoploss, nothing is 100%!
Long
by dukeposh