CAKEUSDT trade ideas
BUYING POSSIBILITY??The Market Broken The Triangle Already
I Think the Market MIGHT MOVE UP TO REGION OF 10.03
BUY THE DIP!
CAKEUSDT - SETUPCAKEUSDT price hovered at the support area and bounced. It has already broken the triangle in a short timeframe but if bulls try to chase the upper trendline and successfully break it, then we can see a rally in it towards 10.0. So buy on dips will be a good strategy.
Cake LongCoin: Cake
Type of signal : Spot
Entry Price : 6$-8$
Price now : 7$
Goals:
Tp1 9$
Tp2 12$
Tp3 17.69$
Tp4 23.5$
Tp5 27.9$
Long-Term
40$-50$
SL Hold
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 1 HOUR - BUY THE PULL BACKCheck out our other posts and calls they maybe of interest to you check the signature and links of related ideas at the end of this post.
unfortunately Cake is not in a good situationunfortunately, Cake is not in a good situation
I think it will continue to the bottom of the channel to get power ...
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.
Cake is down the trendCake is down the trend price is looking good for buying but scary at the same time.
Accumulating on weakness, >50% upside possible.Plan is to accumulate by batches in the 10.20$ to 8.30$ range, having the opportunity.
First lot bought.
Here is CAKEBTC:
Risky contrarian trade , it may slump.
DYOD.
CAKEUSDT Analysis (GLOBAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked).Thank you!
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!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
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!
Short Term, 1 Hour | CAKE/USDT | Great opportunity to BUYIn the chart you will see my speculation and small analysis of the instrument $CAKE.
By any means don't take this analysis as financial advice and do your own research before initiating and risking capital
cakeusdt 70 % profitcake ready for breakout downtrend Chanel
see this price action now in the strong support
ready for 17$
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.
