CAKEUSDT trade ideas
Cake is at the end of the triangle and is expected to break out The last stage of the triangle is clear and Cake will break out within three or four days if we see it break up and confirm above the resistance over the triangle line we might see it starting an uptrend or else will be a down break and fall to lower levels.
CAKE profit 10% after 1h SHORT signal - more to come?Please Like or Follow if you enjoyed this content.
UPDATE: The price dropped 10% after Short signal. This trade was a piece of cake! Price is below Ichimoku cloud and RSI is still bearish. Then again RSI and CBrown is forming a bullish divergence. CCI is oversold. A bounce up is likely. However if price drops here another leg, next support is around 10.10 USDT.
This analysis is made with my "Supertrend Ninja - Clean". It displays only the last few signals. Which gives it a clean look. When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. A red background indicates a possible bearish downtrend. Currently CAKE is still in a downtrend on the 1h chart.
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using my indicator "Yo Show Me Some Support - and Resistances". Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my "Supertrend Ninja - indicator", which is a trend-following indicator (Green and red vertical line with arrows). When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
"Supertrend Ninja - Clean", a cleaner version of "Supertrend Ninja - indicator", which only displays the last few signals.
With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "HA Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
CAKE/USDT 3D chartclose from a buying zone
that was confirmed 6 times over the last year
a posetive RSI divergence
Long +++
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Bullish Priority on CAKE As long as the daily candle closes above the 11.05 support, my priority remains bullish on Cake. That’s a historical support that has been maintained and there are indicators like the RSI with a bullish divergence and the MACD giving us a buy signal. Let’s see how it goes, I’m holding SPOT on this trade for about a week, depending on whether I realize my expected profit before then or not.
CAKEUSDT breakout🟢 Break long time resistance
🟢 Retest of support
🟡 Triangle squeeze in progress
Buy Zone: 19.1 - 19.3
Profit Targets: 12%, 25%. 45% and 66%
Cake usdtCake at perfect bottom. Soon to 5 to 10 x profit potential coin. Buy at current price and sell your wise.
CAKEUSDT is testing the 0.5 Fibonacci LevelCAKEUSDT created a double bottom on the weekly support and now the market is testing the 0.5 Fibonacci level.
The buyers are trying to have a breakout from the descending trendline (dynamic resistance)
We can wait for the breakout from the weekly resistance (red one) and apply our rules to open a new long position
Cake breakout 1D TF.Cake on the verge of a diagonal trend line breakout and a horizontal resistance level breakout stop loss below the bullish demand.
CAKE/USDTCAKE/USDT Pairs
Buy @ 11.80
Target 1 : 13.40 USDT
Target 2 : 15.80 USDT
Target 3 : 17.91 USDT
Cake TradingViewHello This Is My Technical Analysis For Cake Crypto Follow & Like And If You Have Question Comment I Answer Good Days And Good Trades.
#CAKE
Champions looking at the past of this altcoin this was a region of strong demand I believe that in this 3 day chart we are forming a double bottom and a W pattern so I decided to hold this pair these first 3 months of the year!
CAKE usedwe have a butterfly and 3 targets not all of them because each target after touch can be the role a resistance
CAKEUSDT-LONGBased on technical factors there is a long position in :
CAKEUSDT Cake
Score 2️⃣
🔵Long Now or set on Key Level 10.90
🟢Target 1 11.50
🟢Target 2 12.10
❌Stop loss 10.60
#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 with its massive strong supportLong term.
Stop loss : HOLD.
Purchase some and put it in Pancakeswap/Pool.
WHY CAKE IS READY TO PUMP IN 2022Pancakeswap price prediction using simple price action strategy by Bitcoin Gorilla. Can CAKE Crypto recover before more dump with BTC current bad market moves?
CAKEUSDT Formed a bullish Harmonic PatternCAKEUSDT Formed a bullish Harmonic Pattern
and multiple bottom just completed
neckline was broken
therefore we can buy some Cake
and aim 13 / 16 / 18
SL below 10
CAKEUSDT$CAKE/USDT
Formed out the Bullish Bat on the Daily timeframe and the price is consolidating at the demand zone where the price action again have formed out the Bullish bat
BUY CAKE NOW!!Cake is currently at a very strong support level on the weekly and daily time frame and this level has been holding in the past one year.
There are strong indications that the price will go up in the coming weeks.
Cake USDT Short term chartCake USDT Short term chart for Jan 10. Expect to trade on this for shorter term especially for the channel
Wait for a breakout with huge volume, 1.100%CAKE has been accumulating for a long time.
Just need a breakout with huge volume to confirm uptrend.
Key level around 15
