CAKEUSDT trade ideas
$40 CAKE in December? Thank you Santa!
Nice multi-week flagging structure ready to breakout.
New ATH is possible.
Precondition:
- Orange zone has to hold.
- We have to break out of the descending channel.
- Price might retest the negative trendline upon break.
Buy inside the Orange Zone.
Sell inside the Red Zone.
NFA/DYOR please.
CAKEUSDT , We are in bottom of historyHelloooo everybody
According to the chart that we shown everything , the price is currently is in bottom of history and is in heavy support zone that we expect the price can range and support from here
We wanna to publish this idea in one of the community that ... is secret :D :D
You can buy one part of your capital in here and wait until the target reach
Previous analysis :
Good Luck
Abtin
CAKEUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 20 - 28 - 35
after first target reached move ur stop to breakeven
stop: ~under 12 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 5
risk is justified
Good luck everyone!
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It's not financial advice.
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Open to your questions or suggestions.
Time to get fat on some $CAKEBINANCE:CAKEUSDT I've been holding a small bag of $CAKE on pancake swap while it has been consolidating. It looks like it might finally be following in $BNB's footsteps. BNB has been soaring the past few weeks and it may finally be time for it's dAPPs to follow suit. I am adding more CAKE to my pancake swap bag to gain the extra 70% APY while this swing trade develops. We have basically seen CAKE consolidate for the past 70 days, let's see if it can gain any momentum.
Entry: $20
Resistance: $21-21.50, if we can push over these lvls it can start to run again.
Plan: swing CAKE with PT's beginning around $24.30ish with hopes of seeing momentum to blow past $30.
SL: would start to cut losses if we dip below $19 again, I have been staking for a while so I can afford to hold longer. I will scale out at support levels below $19 looking for first exit if we drop below $18.50 just to be conservative.
CAKEUSDThey traders
Read the Chart
what u think about Cakeusdt ?
is this already bullish ?
or bears coming out ?
In my opinion, with all its potential, it seems very risky
i believe that patience has no harm, but hurry ... u know :)
still w8ing for minor Support
by the way, Share your chart and vision, it would b helpful
CAKEUSDT - BULLISH SIGNAL UPDATE!!As you all know, CAKE is not performing well from last 3 months and according to the Chart patterns, Decending Bullish Flag is formed, Breakout formation and also indicators giving bullish signal.
Short term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/ BTC CRASH
Happy Trading :)
Good Luck!
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