Cake/USDT Very good Point for fresh entry ( 250% potential )#CAKE/USDT TA update :-
$Cake currently trading at $12.90
At this time price trading at Very very strong Support .
New Entry:- $12-$13
Targets :- $20/$25/$44/$100
Stop Loss:- If any Daily candle close below $11
Support :- $12.50
Resistance :- $17
CAKEUSDT trade ideas
Cake is in king's hands!correlation of cake and bnb with btc is major thing here. so their future is in king's hands. if btc goes bearish cake target is 10.9 but if btc recover and goes bullish cake target is 16. i think btc bearish movement is a stronger scenario beacuse if you watch btc monthly timeframe then this is a time for some correction! we have to wait and if we see a green candle for btc then cake is gonna rise. i think now cake price is still good for cake holders and stakers.
CAKE/USDT TF DAILY UPDATES (SPOT)Cake fall in latest candle for like -10%. We hope we will see reversal candle from now on. cake touch its montlhy support. We are looking for pullback into $19-$20 as critical area for cake.
TIPS BEFORE BUY/LONG Cake
Aggresive traders :
-Cake touch its support
-Bullish RSI Divergence
Pro Traders :
-Cake touch its support
-Bullish RSI Divergence
-(Waiting for reversal candle+continuation
CAKEUSDT: ANOTHER SHORT OPPORTUNITY ON PANCAKE SWAP?Hello Enthusiast Coin Traders! Here's medium-term outlook for CAKEUSDT , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
CAKEUSDT broke out of the Rising Wedge pattern. Rising Wedge Pattern indicates a potential bearish movement ahead. The MACD indicator is crossing down below the zero level, it signify the potential bearish bias ahead.
The roadmap will be invalid after exceeding the resistance/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the cryptocurrency
CAKE - $17.4I've been on the fence after the shorts but now looking at a small play off this support for 15% with potential to run to the 50MA just over $18 for 20%.
There are a few ALTs that might be able to close a decent gap between the 50 MA - (UMA, SXP) while a few sit on top and might run for a short time (LTC, SOL). Reasonable entry are to manage risk.
B, HF
It's been a while since I longed CAKEUSD
CAKE - Watch For This Reversal!CAKE is showing us some really clear price action and we are approaching a significant level where we are expecting a reversal. We've seen that we previously had a triple bottom from the structure level indicating that It holds a lot of weight.
Trade Idea:
- Watch for price to come back to the structure level ($10 level)
- Once price shows bullish pressure, enter with stops below the structure level
- Targets: 17 - 26 - 44
We may get an early breakout and if we do, enter with stops below the recent lows.
CAKEUSDT:RISING WEDGE, CONFIRMATION OF SHORT OPPORTUNITY?Hello Enthusiast Coin Traders! Here's medium-term outlook for CAKEUSDT , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
CAKEUSDT broke out of the Rising Wedge pattern. Rising Wedge Pattern indicates a potential bearish movement ahead. The MACD indicator is crossing down below the zero level, it signify the potential bearish bias ahead.
The roadmap will be invalid after exceeding the resistance/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the cryptocurrency
Sell me your sub $15 CAKE and leave crypto alone!BINANCE:CAKEUSDT
$CAKE is currently trading in an accumulation zone.
Breakout once seller exhaustion happens circa Jan 2022.
Flips red line to support for new ATH at $100+.
PancakeSwap is #3 DEX by Volume trading at a discount.
>70% APY with AutoCAKE staking.
Say less!