Based on the given market data, the CAKE (PancakeSwap) is currently trading at a price of $3.015 against USDT (Tether).
Looking at the 4-hour chart indicators, the Relative Strength Index (RSI) is 56.74, suggesting a slightly bullish market sentiment. The Moving Average Convergence Divergence (MACD) is at 0.025, suggesting a bullish trend. However, the price is...
Same fib play that I used to point many HTF reversals such as:
I never traded CAKE and not trading now either because I prefer fresh narratives - but a good RR trade is there if you're interested.
HO HO HO boyz!
Do you feel the holiday coming? The mystery of Christmas night, New Year and gifts? CAKE has prepared a gift for its holders and intends to wash them in their blood:
WE ARE IN a WAVE B OF CORRECTION
, which means that now they will start selling alts to you through the news.
after that, the Shiba will go up, and everything else will go into the...
CAKE has broken out of the weekly downward trend, with a big growth opportunity ahead in the next period!
Potential 10x
Targets:
4,8 $
9,8 $
25,9 $
BINANCE:CAKEUSDT
CRYPTOCAP:TOTAL2
! Not an advice - DYOR !
❤️❤️Thanks for boosting 🚀 and supporting us!
📊 (Entry) : 3.663
🔴 Stop Loss : 3.847
🎯 Take Profit : 3.452-3.284
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
Entry point and stop loss is based on your personal plan and this is my long term analysis on weekly time frame.
I think the chart says it all.
We will celebrate the cake party soon...
Good luck, dear trader.
Mohammad Goodarzi
Wednesday
3 Jan 2024
The symmetrical triangle pattern has conclusively broken out on the 3 days timeframe chart. Anticipating a substantial bullish wave, the position has already realized a notable profit of approximately +400%✍️
The falling wedge pattern has indeed broken out on the weekly chart. We're currently enjoying a profit of around +210%, and there's still significant potential for more growth ahead.
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about MINA
MINA Falling Wedge Breakout is Already Confirmed,In 1D Timeframe ✅
Expected Running In +80% Profit
Expecting 250% Bullish Wave
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RSR Descending channel Breakout Has Already done in 3D timeframe
Expecting 300% bullish wave
Logarithm. Time frame 1 week. Major trend. Combined education and potential trade in ideas.
Pivot zones from key liquidity zones.
The main idea and meaning of this idea is to show the logic of working with reversal zones from key resistance support levels, which will determine the further development of the trend. I have shown all possible scenarios of...
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about ZRX
ZRX Currently Retesting Major Yearly Trendline Incase Of Successful Retest Expecting Move Towards 1.50 In Midterm
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about BCH
BCH Ready to break the Symmetrical triangle in 1D time frame
Expecting 90% profit in coming days
CAKE / USDT
For more than 2 year and half
Cake is being traded inside that massive falling wedge
But the very big volume inserted recently caught our attentions
There is high chance that we are setting at the ultimate bottom with multiple X uprise coming in next weeks
the most important resistance zones are showing with violet color
#CAKEUSDT
UPDATE
Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about CAKE.
CAKE is exactly on the way to our main target. Already 25%+ gain so far. Still getting a good volume
Always trade with Confidence
