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
CAKE bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 4.59 is expected to happen.
CAKE broke trough the descending trendline. Asset broke trough the resistance area. Bullish movement to resistance level at 4.61 is expected to happen.
my pancakeswap cake price prediction 2022, i am sure long now in cake token
#CAKE $CAKE #BTC $BTC - BAT Pattern 🦇 - Daily Frame ⏳ #This is my technical opinion and not a recommendation to buy or sell
It is in an upward channel in the resistance area, and if stabilize the area of $ 4.20, we will be likely to increase the resistance areas in the chart, otherwise we will modify the floor of the channel. Its not Buy or Sell SIGNAL DYOR BY : Mohamad Teriz - @AtonicShark
ELLO GUYS THIS MY IDEA ABOUT CAKE Usdt is nice to see strong volume area.... Where is lot of contract accumulated... I thing that the buyers from this area will be defend this SHORT position... and when the price come back to this area, strong SELLER will be push Up the market again... DOWNTREND + Support from the past + Strong volume area is my mainly reason...
$CAKE the local token for the PancakeSwap exchange on the Binance Smart Chain BSC has seen a significate drop after it's launch to ATH at $44. The bear market and drop in price for BTC has really hit it hard but the project remains great with genuine use case. 10's of coins are launched on the PancakeSwap exchange everyday it is still seen as the 'go to' for...
CAKE broke trough the ascending trendline. Asset broke trough the support level. Bearish movement to support level at 6.16 is possible.
Based on technical factors there is a short position in : 📊 CAKEUSDT PancakeSwap 🔴 Short Now 9.18 🧯 Stop loss 10.20 🏹 Target 1 8.50 🏹 Target 2 7.50 🏹 Target 3 6.20 💸Capital : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
CAKEUSDT price was moving into a bearish channel, this almost a year-long rally was broken down and then retested successfully by the bulls. Bull's efforts pay off and now price print an HL, So we may see a seamless rally towards upside with the help of EMA 100 which is acting as a support. Keep accumulating.
📉 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
📉 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..
Targets are : Short Term $7.15 - Mid Term $8.3 - Long Term $10 Reasons for long : Huge volume ! Huge engulfing ! Ressistance breakout Avarage true range for sure there would be corrections dont get panic if you buy it in spot market no need to use stoploss GODBLESS
CAKE rejected the 5.50 - 6.00 price area as we expected in the previous analysis, from a technial perspective we are from there in a bullish market strucutre. Price shifted the strucutre from bullish into bearish somewhere around 7.0$ where it broker above the last high with a huge momentum. The long-term targets for CAKE are around 11.50 where we have a bullish...
Cake looking good since i called the bottom on my previous chart hopefully you got in on my previous chart and enjoying the ride