CAKEUSDT trade ideas
CAKE Analysis and Signal on 4HCAKE Analysis and Signal on 4H
🔵Entry Zone 2.869 - 2.822
🔴SL 2.694
🟢TP1 3.088
🟢TP2 3.318
🟢TP3 3.509
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments.
CAKE is bullishWe have a bullish structure on the chart and also a head and shoulders can be seen at the bottom. By maintaining the demand range, it can move towards the supply side.
The targets are clear on the chart.
Closing a 4-hour candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
cakeusdt gold signal Hi
#CAKE has broken out of the symmetrical triangle with high volume and has also surpassed the horizontal resistance. An upward move is anticipated as long as it continues to trade above the horizontal support,
buy zone : 2.90 to 3.15
targets:
3.30-3.46-3.60
thank you follow me
Confirmation from the price actionOn a 4-hour timeframe, the support and resistance levels of the price range have been identified. When the price reaches either of these specified levels, we can focus on the price reaction after receiving confirmation from either direction. This approach allows us to make informed trading decisions based on the observed price action at these critical levels.
CAKE ready for a POP ! Basing up and holding. above resistance.CAKE strong looking chart,
continually basing up and maybe one to follow the DEFI names that already popped. UNI UNFI and SUSHI. just bought the 4h HL off of 4h Ema 12. stop under there.Guys and Gals remember it is no problem buying a strong chart high up.
Just respect your stop and let it play out.
TA rules, Learn TA from the MASTERS . Learn real setups . Study our Playbook.
Get profitable fast!
You love Charts and so do we ;)
Chris Chartman and the Freedom traders
CAKEUSDT Eth CounterOk ok , I've been keeping them to myself lately . But this one needs sharing. As ETH fees continuously go up in expectation of the etf, even tho not everyone knows it . Blackrock has filed for it in May , and they do not get rejected .
Eth fees go up , chain becomes untradeable for normies, they'll cheaper ones such as SOL , INJ and BNB Smart Chain. Cake here looks prime as 1W ichi has left the cloud
Comprehensive Analysis of the CAKE/USDT Chart1. **Key Support and Resistance Levels**:
- **Resistance**: There are two major resistance zones on the chart:
- The first zone is between 5.500 and 5.800 USDT.
- The second zone is between 6.580 and 6.965 USDT.
These areas are highlighted in red and indicate significant selling pressure where the price is likely to encounter resistance.
- **Support**: The major support zone is around the 2.500 USDT price level. This area is marked in green, indicating significant buying pressure where the price is likely to find support.
2. **Liquidity Levels (LIQ)**:
- **LIQ (weekly)**: Located around 1.206 USDT and 7.500 USDT.
- **LIQ (daily)**: Located around 6.580 USDT and 0.994 USDT.
Price Movement Prediction:
- **Upward Movement**:
- If the price can break through the resistance at 5.500 USDT, it may move towards the higher liquidity targets at 6.580 USDT and then 7.500 USDT. These areas are indicated by blue lines and can be considered potential targets for upward movement.
- **Downward Movement**:
- If the price falls below the support at 2.500 USDT, it may decline towards the weekly LIQ around 1.206 USDT. This level can be considered a target for downward movement.
Conclusion:
- For short-term traders, monitoring price movements around the key resistance and support zones is important. Traders can look for signs of price reversal in these areas.
- For long-term investors, focusing on liquidity levels and overall price movement predictions can aid in better decision-making. If major resistances are broken, a move towards higher liquidity targets is likely, and if key supports are broken, a move towards lower liquidity targets is likely.
CAKE: bull-trend📊Analysis by AhmadArz:
🔍Entry: 2.723
🛑Stop Loss: 2.612
🎯Take Profit: 2.489 - 2.998 - 3.161 - 3.439
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
#CAKE /USDT SPOT LONG ENTRY#CAKE /USDT SPOT LONG ENTRY
Leverage: 1x
Entries: $2.692
Take profit 1: $2.777
Take profit 2: $3.036
Take profit 3: $3.437
Stop Loss: $2.379
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
BINANCE:CAKEUSDT
Thanks
The sroced.
CAKE looks cheap hereCAKE/USDT (PancakeSwap)
Sector: Decentralized Exchange
Market Cap: $690M
CAKE, PancakeSwap's token, one of the most used DEX, failed to accumulate during the Bear Market, keeping its price in a clear range. We're seeing an exit from the bottom, but we've managed to get back in, and now the upper and lower limits are clear.
We are now consolidating on the lower boundary, which offers us a trade opportunity with a limited risk by placing a Stop Loss below this support.
We can envisage a return to the upper end of the range, where it would be wise to sell part of our position. And why not hold on to part of the bag, hoping to extract it and sell at the next resistance levels.