It looks like we have a contraction triangle on the chart. The lower trend line of the triangle is broken and the price has failed to recover it. We are expected to move towards the green range with high volatility. We specified the targets. Closing a 4-hour candle above the red range will violate the analysis For risk management, please don't forget stop loss...
CAKE/USDT Futures Trade set-up: Entry: $2.37 to $2.48 Stop loss: $2.31 Leverage: 10x Targets: T1- $2.58 T2- $2.69 T3- $2.84 T4- $3.12 Note: Conduct your research (DYOR) before making any investment decisions. Consider accumulating at the bottom and implement stop-loss (SL) strategies to mitigate risks. This information is not financial advice.
CAKE is crawling sideways in between a bull channel and above the Weekly Resistance. The price hasn't been able to break above the 30EMA nor has it broken below the Weekly Support. How do we trade this? The overarching trend is bullish, so we should set our bias to long. The price is establishing support at the previous Weekly Resistance, so it's reasonable to...
⚠️ Disclaimer: The following insights reflect my personal perspective on the market, relying on publicly available information and historical data. While some opinions stem from my actual trades, others do not. I am not a financial advisor, and I bear no responsibility for your trading choices. ✅ Feel free to reach me out with any questions or recommendations. I...
It looks like the CAKE symbol is inside a large diametric and has now completed a large bearish wave. Now for E branch it can move up. The target is somewhere inside the yellow circle. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
If we look at the trading history of CAKEUSDT, we will see that the price is still in a downtrend channel After breaking through the critical $3.60 level, the price of CAKE has been falling steadily. It is a thankless task to guess when the price of PancakeSwap will hit the bottom, especially since the BTCUSDT price may be just beginning to fall. But we can...
These are my Keylevels on 2days ,timeframe, even if we have a 2x from 1 to 2usd , there is still a downtrend.
BINANCE:CAKEUSDT BINANCE:BTCUSDT ⚠️ Disclaimer: The following insights reflect my personal perspective on the market, relying on publicly available information and historical data. While some opinions stem from my actual trades, others do not. I am not a financial advisor, and I bear no responsibility for your trading choices. ✅ Feel free to reach me out with...
Local trend. Logarithm. Time frame 3 days. Local trend. Work in it Risk Management. In the local trend at the moment, this coin is interesting to work on, especially since the triangle is almost formed and the dénouement is coming soon. Stops will be quite short in the direction of the breakout. Take a local profit (probably substantial) and forget once and...
PancakeSwap is the place you trust when it comes to swapping your AltCoins. Its symbol: CAKE ( CAKEUSD , CAKEBUSD , CAKEUSDT ). If you take a look at this one, it's a no-brainer. Things are looking up. Although the Crypto Markets have been smashed lately, the Sun will shine on almost all projects. And I intend to be ready. Got myself a portfolio and adding...
Hello Friends. How are you today ?! I hope you feel great and always be happy and successful. Do you agree that you can buy cake at a great price in this area? I have identified price reaction areas to this descending channel and drew circles in different colors. please focus on these colors. some of them mean reacting to the top of the channel (Green...
Trading volumes remain stable. The price and RSI chart formed a divergence. I believe that the asset will correct before continuing to grow.
CAKE broke down 50EMA on the 4H TF. The 50EMA has broken down 200EMA on the 1H TF. The RSI chart is moving in a bearish zone (4H, 1H and 30m TFs) I think the asset will continue to decline after fixing below the support level.
I've made the decision to buy some CAKE with a target of 2.5 and a stop at 1.46. The information provided here is for informational purposes only and should not be considered as financial or investment advice.