Nice multi-week flagging structure ready to breakout. New ATH is possible. Precondition: - Orange zone has to hold. - We have to break out of the descending channel. - Price might retest the negative trendline upon break. Buy inside the Orange Zone. Sell inside the Red Zone. NFA/DYOR please.
The price is approaching a valuable area for DCA LONG TRADES on pankcakeswap, 10$ acts like a strong psychological barrier for the cake holders and i think it woudnt be broken and we will go back into 15/20/25$ area. What do you think ? Commente below..
Helloooo everybody According to the chart that we shown everything , the price is currently is in bottom of history and is in heavy support zone that we expect the price can range and support from here We wanna to publish this idea in one of the community that ... is secret :D :D You can buy one part of your capital in here and wait until the target reach...
cakeusdt formed a bullish gartley on daily and we can see a reversal from here . not financial advice .DYOR
Cake went down over 70% this year! I think we are very close to a breakout! If you have any feedback about the chart pls feel free to tell me:) MY IDEA ONLY NOT A FINANCIAL ADVICE!!! Love Yall :)
Formation of the double bottom , so Maybe a long for the next couple of day, to reach the resistance of the weekly triangle
Right now we could see a nice falling wedge after a bearish Crab Harmonic Pattern that after it reached the pcz, retraced to the .618 fib level from which it has been holding as support for 6 weeks now. Yes it struggled at the 200 day sma but it never dumped and created alot of support by doin so. Rn Cake is perfect for a trade because its very easy to manage...
Trading Signal: There is a Trading Signal to Buy in CAKEUSDT Traders can open their Buy Trades NOW Rank : ⭐️⭐️ ⬆️Buy now or Buy on 12.85 ⭕️SL: Close below 12.40 🔵TP1 @ 13.80 🔵TP2 @ 14.65 🔵TP3 @ 16.15 If you liked our ideas, please support us with your likes 👍 and comments
There is a short position in CAKEUSDT Futures 🔴Short Now or set on Key Level 14.60 🟢Target 1 12.50 🟢Target 2 10.50 ❌Stop loss 15.50 #K_Level
CAKE is in falling wedge and is ready to move up. Bullish Divergence on RSI will give a good pump soon. They are burning tokens and their TVL is ATH.
cake probably grows by hitting the bottom of the canal to the top of the canal. There is also a positive divergence. The RSI indicator is in the sell-off range
My view about CAKE: 1. CAKE is moving on bullish trend 2. CAKE have a potential forming Bullish Flag Pattern 3. CAKE price is on support 4. CAKE is on wave 4 rn, and should be going to wave 5 (elliott waves) My strategy: BUY! 1. if you agresive trader, and want to buy now, its okay. But, manage your own risk. if the price going breakdown 2. if you konservatif...
Hello everybody According to the chart we shown it , we are in downward trend and we had fall down price suddenly but the momentum of the movement is becoming weak to fall more and more , we had breakwave and now its seem the correction of the break wave is done and ready to retest again the bottom that made . CAKE is one of the most powerful token in DeFi base...
we can open our position when we see a good candle on the support area ! " look for the price action "
CAKEUSDT trade can go up from support area around 23% fib level to 100% fib level with 3.5X growth. Don't forget to share your views and hit like and subscribe button.
Hi dear followers, CAKE token is undervalued in my idea and there is a big move ahead for this token. At the moments this token is completely in a downtrend as u can see, There is possibility for more falling before going up. Where is the best place to buy? If you want to buy this coin, The most important thing is to wait for breaking up the downtrend trend...
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...