From where we placed the red arrow on the chart, it seems that the CAKE correction has started and wave A has ended and we have entered wave B. Wave B is a zigzag diamond pattern. We are looking for sell/short positions in the red range. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop...
The price has broken through a significant support area around $2.364 and is currently testing it again. This retest is crucial as it will determine whether the support level can be reclaimed or if the price will continue to decline. If the price fails to reclaim this level and closes below it, we may see a move towards the next support area.
Yello, Paradisers! Do you see the potential for a massive breakout in #CAKEUSDT? We have some exciting information that could be vital for the #CAKE movement in the next few days 💎#CAKEUSDT has consistently followed a symmetrical triangle pattern, and right now, we're seeing a bullish double bottom pattern forming at the crucial support zone around $2.29. If the...
CAKE 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...
We 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...
PancakeSwap is an automated market maker, a decentralized finance application that allows users to exchange tokens, providing liquidity via farming and earning fees in return. Cake's price rose as its popularity did; then cake entered a corrective phase, a long one. It seems cake's price is headed toward the Fibonacci's golden pocket 0.618-0.65 area. Let's see if...
#CAKEUSDT(Update) Hey dear traders. Hope you are enjoying analysis with our team. we are here to analyze CAKEUSDT today. Falling wedge Breakout Done in 1D time frame. Expecting Massive Bullish wave towards 60%+ 📈🚀
CAKE on a 30-minute chart with a set of VWAP band lines anchored back one month shows the cycle of a trend up from a good earnings report into the uppermost band lines followed by a retracement down to the slowly rising mean VWAP where after consolidation and testing of that support, price has begun a new trend up. This is confirmed by EMA line convergences...
On 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.
In time 1W, after a zigzag correction, it will have the ability to rise to the targets specified in the chart by breaking the dynamic trigger and pullback to it by breaking the most important neck line resistance. According to the current motivational wave, this step can be fast. But its first supply zone will be in the range of 4.8 to 5.4...
TXRH is here on a weekly chart with a linear regression line overlaid along with a Keltner Channel indicator. Below the chart is the Chop Zone indicator. TXRH has been in a trend up for more than six months. There were corrections in January and April. I conld suppose another correction may occur in July whne trading volumes are lower for the summer. In...
📊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 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 on the 30 minute chart shows suggests as a short candidate including death crosses as well as a loss of strength on the RSI indicator. I will short CAKE and investigate put options for sufficient volume and level of implied volatility.
CAKE, the native token of the PancakeSwap decentralized exchange (DEX), has a history of forming and breaking trendline support levels, creating a pattern of potential reversals. This pattern raises the question of whether CAKE is poised for another downward move or a long-awaited bullish breakout. Historical Pattern of Trendline Breaks: January 2022: CAKE...
PancakeSwap, a decentralized exchange platform on the Binance Smart Chain, announced a token burn of over 8.9 million NASDAQ:CAKE tokens, collected from trading fees across Automated Market Makers (AMM) Version 2 and 3. The $25 million token burn likely helped the NASDAQ:CAKE price recover from recent losses. The DeFi token, which was initially valued at...
Chart is marked with targets Yes, I realize the targets that I've marked When it crashes, it might be BIG. It won't make it to 25 without retracing on the way up. I could see it top out around 6.9 in an alt coin pump Personally, I'm quite bullish on this coin.