Hi guys I am Mohammad 😎 CAKE is near to breakout and everything we need is on chart Thanks all Thanks for sharing
#CAKEUSDT $CAKE broke out from descending resistance and confirmed it as support. also price is above long term support zone and head up toward resistance zone between 0.5 and 0.618 fib of correction wave. as trend lines and fib levels show, break out from this resistance zone will lead price toward 1.618 and 2 fib levels around $32 and $35.
CAKE is honoring the trendline support for quite a long time and now retesting again. There is also horizontal support there. So we can expect an upward move if there is some hint for bulls. Upside we can expect a target of 21 in short term. Good luck.
The piece of cake is ready to be eaten. Do not let it go! Cake should be involve with trend line for some time. PLEASE #DYOR
The downtrend has been broken. The targets are calculated.
#CAKE/USDT TA Update:- $CAKE currently broke our resistance and Converted into Bullish zone. Best Entry : $18.50-$19.90 Targets:- $26.72/$43/$80 Stop Loss:- $17.20 Support:- $18.70 Resistance:- $26.72/$43.20
CAKE brake triangle and maybe go long. BUY POSITION 18,40$ - 18.80$ TAKE PROFIT 1 - 26.00$ TAKE PROFIT 2 - 30$ - 31$ TAKE PROFIT 3 - 36$ in my opinion the best option is to sell half (50%) of your CAKE on TP 1, 30% on TP 2 and 20% on TP 3
finally brake out the Triangle It can grow a lot In the previous analysis for Android and iOS users There was no chart :( good luck :)
Price being squeezed into a triangle here. I think we tap the support at just below $18 where we've wicked from multiple times recently. a break of the descending trend and the triangle is sure to take us to $25. Golden ratio fib zone coincides with the support level
The uptrend has just begun, but a return to the level will happen. But there is still chance for profit. good luck
CAKE is in Range, forming a bullish pennant in daily timeframe, while all coins are in Bullish mode this last days, CAKE didnt do any significate movements. Support and Resistance Zones marked in RED/GREEN Boxes % calculated to every zone. Be aware this is a daily time frame analysis, medium term trade. My entry is at 18.04 USD SL at 16.90, and moved to entry...
CAKEUSDT downward trend is broken I expect another Higher High somewhere around $30 You can see all the important resistances on chart
Cake is now stuck in a barrier triangle ending Wave e at the top of the triangle (pink lines) means a downward move before bouncing upwards. Reasons why we aren't seeing Cake making big moves. 1. Short Wave ii 2. Extended Wave iii 3. Hidden RSI divergence Do note there might be a possible truncated Wave v as there has already been an extended wave iii. Not...
finally brake out the Triangle It can grow a lot good luck :)
Cake has just broken out of its 3 month descending wedge. This is just the start of NFTs and play to earn games on BSC. Weekly cake tokens burns making the asset deflationary will ultimately result into massive supply shocks.
CAKE has been consolidating nicely at around 20 areas. I think this area for CAKE is a solid foundation and the price will have a HUGE pump soon. With recent BNB's price action I wouldn't be surprised to see CAKE touching its ATH but more realistically it first has to push to 23-26 resistance zone and then break out of that area. Keep on staking!
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BINANCE:CAKEUSDT | CME:BTCX2021 Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! #CAKE has broke above the bearish trendline and the lower support zone has showed a stiff support. MACD is gaining bullish momentum on histogram and it looks like ...