CAKE W/ CUSTOM FIBS So here I see that we are sitting on my red line fib which means that it’s on the size of the boy wants to go the white area is neutral you can go either way from there if it hits the green it’s more likely to hit the blue line at 71.8% or make a full retrace which means that it might actually cross the full retracement from the downtrend
CAKEUSDT trade ideas
CAKEUSDT, Finally we made it Hello everybody
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According to the last analysis we shown on chart that the price was making a triangle and we need to break it and then wait for the pullback and trigger for entrance then you can take position and buy, at this time finally we have candle stick pattern is making after broke and its morning star.
According to the pattern we can buy some part in here in this price and put our SL and the below of the pattern and wait until the target that we shown reach.
Good Luck
Abtin
CAKE is trading within a descending channelCAKE has been dancing within a channel with peaks and low inside this channel.
There is the possibility of CAKE going higher in price if it maintains its position above the $6.9 support level. Otherwise, if it breaks below the aforementioned support level, it may fall further.
overall, for now, my TP is within the channel
CAKEUSDTCAKE is moving down in a very strong downtrend and the sellers are in full control of the market. In the recent downtrend, we attach great importance to the level of 1.618 Fibonacci because the market can return from this range, but the volume is still very low. However, if this range is broken, we expect a price of $ 4.30, and if a good volume is observed, the scenario may change.
DISCLAIMER:
This is not financial advice! This is an opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing.
everyone should buy and sell according to their own strategy.
Everything you need to know is outlined in the chart and keep in mind that we are moving forward with probabilities and the analysis may be wrong so take capital management seriously.
Has The Downtrend Of CAKE Token Price Come To An End?The week after week technical chart of the Pancake Swap coin is currently in a way for a strong breakout. On the every day graph the coin is currently in a strong downside momentum.The asset setback could be seen near $10 in the upside trend. In the event that the coin value observes a downside trend then a bounceback from $5 can be seen. The drawn out trend of the CAKE could see a jump near $150.
Watch out CAKE !!Hello traders & investors
BINANCE:CAKEUSDT keeps falling and we don't have enough data on its chart but when we check BINANCE:CAKEBTC things seem different.
currently, everything is natural and we should just have cake on our radar.
WARNING: it is not a piece of financial advice always do your own research.
CAKEUSDT-LONGBased on technical factors there is a long position in :
CAKEUSDT PancakeSwap
Score 3️⃣
🔵Long Now or set on Key Level 6.90
🟢Target 1 7.45
🟢Target 2 7.95
🟢Target 3 8.35
❌Stop loss 6.70
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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CAKE, near the historical support.The following content is machine translation:
From the daily chart, the historical support is near 10.
The entire pattern forms a triangle with a downtrend line and a large support line.
It has been fluctuating within a narrow range recently. About to choose a direction.
This is near the historical support, and there is a high probability that it will rebound and break through the infinitely close downtrend line.
Therefore, if you see more, you can make a layout for bargain hunters.
CAKEUSDT Analysis (GLOBAL VISION)Hello friends.
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Everything on the chart.
if the price falls below 10$ - it's very bad signal for Cake holders, then the target will be 5$ and 3$.
If we gain a foothold above 16$, then the upside potential to 40$ remains.
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
CAKE - Bottoming Out! ⚡️In our last analysis, we were waiting for price to reach the $10 level. We are now there and looking for bullish price action to indicate reversal. We can see that we're in a wedge pattern and looking for a break out of the wedge for confirmation.
Trade Idea:
- Risk entry = bounce off double bottom
- Safe entry = wait for wedge breakout and then enter
- stops below the lows
- Targets: 17, 26, 44
Goodluck!