if the confluence of the resistance around $10 and the downtrend resistance line is broken, we can set a nice order targeting a HUGE 25% circa profit, entering around 10.6 and targeting 13 ONLY BUY IF A 1D CANDLE CLOSES ABOVE THE RESISTANCES let me know if you enjoyed this analysis and feel free to ask for other pairs to analyze in the comments or feel free to...
GBPUSD M30 Just a deeper look into GBPUSD on the lower timeframe here, from 1.30 up to our LFT resistance we can see 2R potential. We ideally need to break above and retest this 1.30400 price as support, this would offer us our next entry and set us up for further upside potential.
📉 Expecting bullish price action on CAKE as price shifted the market strucutre from bearish into bullish, price reversed to fill the bullish imbalance and from there we have a clear area into 12/14 price area where price has a lot of price inefficiencies that should be closed. What do you think ? Comment below..
4H Timeframe / keep it in your watchlist / This is not financial advice use stop loss
Cake has the potential to move upwards an can touch 9$ or 10$ Here the price can go downside if next week bitcoin continues to drop. Please Like, share and comment
Cake long position. Several price targets along with stop loss. On higher time frame looks like it has capitulated and has been building into this resistance here. CAKE/BTC looks healthy enough.
#Cake in it's #BTC pair broke out the dynamic resistance and it is buy opportunity Targets and stop loss are available on the chart
PancakeSwap is bouncing off the support area which is also matching with the Fibonacci 0.382 retracement level. Bullish trend is expected to continue up to 11.0.
📉 Expecting bullish price action on CAKE as price shifted the strucutre from bearish into bullish making (bos move) price retraced back into the W1/D1 imbalance and from there we can see a push towards bearish orderblock area on the D1. Market Sentiment in crypto for now is in a EXTREME FEAR meaning there is a good buying opportunity. What do you think ? Comment below..
CAKE/USDT Entry Range: $7.30 - 8.80 Price Target 1: $10.90 Price Target 2: $13.50 Price Target 3: $16.80 Stop Loss: $6.60 Previews chart
PancakeSwap(CAKE) broke the trend line and tested it as support. This shows the strength of the buyer, but at the same time the volume has not increased. So, a local dump with a false breakout is possible, after which it is ok to open a long position with a profit risk of 1:5 or more! Large volumes in the fall of the price show that someone has accumulated a...
After successfully testing 8.40 region it is gathering strength to make another leg up where it will target 13$ area but before that it have to deal with the 200D EMA which can challenge it further. Currently its in a good buying zone but trade from this point will not lead directly to 13$ it might remain in range for few days.
CakeUSDT in Daily Timeframe made an double bottom "ADAM & EVE"pattern and broke the resistance line now is retesting the line. This makes it Extra-bullish! Cake has great potentials to jump from here.
As the recent correction end it made higher low Pivot and now put the price in an uptrend channel ! hope see Moon Cake !
Market just finished 1-5 Elliot wave bearish and broke out of an downtrend, going up it created high volume institutional candle, we are forecasting to see a pump up retrace to our institutional candle and rise to 15.80 zone. Entry: 9.94 (After retrace) Invalidation: 8.73 (recent HL below buy zone) Target: 15.80 R/R Ratio: 4.84
Targets are : Short Term $7.15 - Mid Term $8.3 - Long Term $10 Reasons for long : Huge volume ! Huge engulfing ! Ressistance breakout Avarage true range for sure there would be corrections dont get panic if you buy it in spot market no need to use stoploss GODBLESS
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (6.33). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CAKEUSD 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 dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (6.33). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CAKEUSD 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...