Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (4.606). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CAKEUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trending PancakeSwap Coin May Soon Hit The $5.5; Enter Now? The crypto market faced multiple sell-offs over the past three months caused by events such as High CPI data, US Fed interest rate hikes, etc. This intense selling pressure caused even the major cryptocurrencies to revisit their 2022 low. However, fighting-off such affairs, the Pancakeswap coin price has...
❌These analyzes are just to give a better perspective for you dear ones Do not base on buying and selling❌
Take a look at that beautiful clean and easily defined SR level on the H4. Hold or strong reaction off the topside and im long into $4.60-$4.8. Short if underside, targets at $3.6 $2.8
cake is shaping an ABC pattern that can fall 50% from 5.3 dollar with close stop loss this is very profitable position
Remember, this is just my analysis and I am not your investment advisor, so if you want to trade, be sure to analyze it yourself.
Hi everyone, let's take a look at the CAKEUSDT chart on the 1 day time frame. As you can see, the price of the cake is moving in the uptrend channel and is currently at the lower end of this channel. Although the price is at the lower end of the current channel, we are also in front of an important resistance zone that starts at $ 4.57 to $ 5.14. If we manage to...
Pancake CAKE is now at a strong support line from which i expect a rebound to the following price targets: CAKE/USDT Entry Range: $4.19 - 4.70 Price Target 1: $6.00 Price Target 2: $7.70 Price Target 3: $9.45 Stop Loss: $7.70
Hello my Fellow TraderZ, Few days ago, I have shared my view on $CAKE #PANCAKESWAP on Daily TF, where I had mentioned that Price was ranging inside an ASCENDING TRIANGLE, broke it and coming for the retest for the further upside move. Today I'm sharing another possibility on DTF where it can be easily seen that the price is forming a Narrow RISING WEDGE...
$CAKE bounced off the ascending trendline and the support level. Bullish movement to resistance level at 5$ is likely to happen.
Pancecake Swap token got rejected in area $5, a resistance area formed during the crash of May - June, when the price plummeted to its multi-year low at ~$2.5 price per token. Over the course of the past 4 months, Cake has been able to grow +100%, pushed by a positive momentum generated from the additional commitment from several investors in the platform and...
#CAKE Not sure why but it has been acting quite bullish over the last 10 days.. Currently trying to see if its able to hodl/flip the ~20k sats area (and avoid a rejection similar to what Aug 7 showed) If this occurs, there may be room for an additional 20% run-up. ⌛️
One of the few random altcoins looking good at the moment, will do a quick video on it tomorrow.
Trading Setup: A Trading Signal is seen in the CAKEUSDT PancakeSwap (Futures) Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 4.785 ⭕️SL @ 4.981 🔵TP1 @ 4.278 🔵TP2 @ 3.821 🔵TP3 @ 2.853 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked...
Hello my Fellow TraderZ, After June lows, $CAKE has been ranging inside an ASCENDING TRIANGLE on Daily Time Frame and continously maintaining the Higher Lows. Previous Daily candle closing was Pin Bar pattern with decent Volume. Now the price is trying to attempt the Breakout of the Triangle, all we need is greater Volume bars than previous one. Hence this...
Pancakeswap (CAKE) — the token remains one of the most favorite of the audience, constantly getting into the ratings for social activity and trends. It seems to me that #CAKE will take its rightful place in the BNB ecosystem in 2023-2024. Plus, all the time: - Emission is limited. - % of rewards in CAKE pools are cut - which reduces the inflation of the...
Cake is testing the uptrend line multiple times and i am pretty confident the line will be broken soon... Currently, CAKE is not listed on futures so if you have CAKE, It is better to take profit and buy back lower
Important Fibonacci Levels: -3,57 -3,82 -3,98 -4,11 -4,24 -4,44 -4,65