short cakeIt can't be bought until there are no signs of a return, and right now I think it could go down to around 12$
CAKEUSDT trade ideas
CAKEUSDT , We should sell now because ...Hello everybody
According to the chart we shown it , we are in downward trend and we had fall down price suddenly but the momentum of the movement is becoming weak to fall more and more , we had breakwave and now its seem the correction of the break wave is done and ready to retest again the bottom that made .
CAKE is one of the most powerful token in DeFi base , and use BSC and BNB for trading , Do you know what does it mean ????
Dont forget use stop loss and observe money management
Good Luck
Abtin
cake usdt daily a long shadow on 15 to 14 $ could be a sign of the end of downtrend . it must be happen in next week . after that i expect a simple 5 Elliot wave with written targets. blue colored channel is an important dynamic trend. trade with money management and your own understanding of market .
Cake LongCake breakout the triangle
Ent Price : 19.4 $
stop loss : 17 $
TP : 33 $
what is your opinion ?
what is your idea ?
GL
#CAKE will moon soon | #PancakeSwapHello Padawans,
first of all, do not take this as a piece of financial advice.
The cake is a token that is built on #BinanceSmartchain, and the cake token is based on #PancakeSwap.
PancakeSwap is the main swap for BSC.
Now they have so many fascinating functions in Pancakeswap.
A Swap
A Pool
A Farm
A Launchpad and so on.
TA about the cake you can see as the image I have shared.
Let's watch what will happen next to the cake.
Cheers.
May the force be with you.
CAKE/USDT Symmetrical triangle. The price is at its resistance.The area of level 18 has become a support zone. There is a local accumulation in this zone under the very important trend resistance (red). Symmetrical triangle with a base of 350%. Also do not forget about false breakdowns. The price is at its resistance. Working with this triangle resistance (resistance to the main trend).
PancakeSwap (CAKE) coinmarketcap: PancakeSwap (CAKE)
🔥 CAKE Major Weakness: Bearish ChannelA while ago I made an analysis on CAKE and the bearish channel it was trading in:
CAKE is one of the weaker coins in the market at this moment in time. It never really recovered from the September crash and traded sideways at best. I'm expecting a strong drop in CAKE's value over the coming days/weeks.
I'd be looking for a reversal when CAKE touches the lower bound of the channel.
Happy trading!
🆓PancakeSwap (CAKE) Nov-17 #CAKE $CAKECAKE has a strong support at $16 and it could rally to $18 and $20 within the next few days. The $20 zone is a very important resistance zone, if it can break through it it can continue to rally strongly towards the $24 and $32 zones. But if it loses the $16 zone, we might consider buying back the $14 and $11 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 16$ zone
🔴Buy : 16
🔴Sell : 18 - 20 - 24 - 32
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 16$ zone
🔵Sell : 16
🔵Buy : 14 - 11
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Cake retesting previos resistense...Cake retesting previos resistense...hope CAKE will perform and shoot to the moon.
cake update after breaking first supporwe can open our position when we see a good candle on the support area !
" look for the price action "
CAKEUSDT trade new turn pointCAKEUSDT trade can go up from support area around 23% fib level to 100% fib level with 3.5X growth.
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Cake - Trade Setup$cake is within the confluence zone—one of the great coins that will perform exceptionally on Q4
Cake OpportunityIt can be great Time for Cake, Its is not a financial advice. According to my knowledge It can be Bearish or Bullish. Keep it in watch list.
cake on the roadits time to buy the cake , we have a nice support area and u have to way to open your position ,
first : when the price is on the support line ,
second : when the price break the top resistance
" have a good trading time "
