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 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!
BINANCE:CAKEUSDT Keep eyes on it 👀🕵️👁️ Don't forget Financial management and step by step purchasing 💹💰💵💲 Please fallow me 🙏🥺 Please leave comments 🗨️💬 Like and share with your friends 👍💑 I hope you enjoy ☺️🌈🎉🎊🎁
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 ...
as you can see cake has broken the resistance trend line and retest it . i buy it personally at retest but for more confirmation you can buy it after breaking the daily resistance line that i determine on the chart
After orange box breaking I expect first red box ( supply zone and top of blue channel) Second red box is long term target and according to the market situation It should be check. Because of Bitcoin fluctuation, If we lost 16/4 $ by 4 H candle I will leave out of the position and I will buy more in green box, thats a powerful demand zone
- cake breaking resistance for 3rd time, showing significant bullish momentum - this is also supported with on chain analysis- - TVL at 79.31 % - top 3 wallet holding cake liquidity providers currently at 23.27 mill cake, couple days ago at 24.76, so with increasing supply price going up shows demand is there and charts are pointing to this------ BULLISH!!!! -...
CAKEUSDT Can move in the specified direction on the chart
Cakeusdt Daily Time Break downtrend-line Ready for a bullish move
Today Cake breaking out from Bullish Wedge pattern. Right now price near $20 price level. It is better to use 20-18-16 zone to buy CAKEUSDT and take this setup. My targets at 26-32-34-40-42-44. Long term possible 60-64.
COTIUSDT BreakOut OutLook, Wait Buy In Good Part KEEP DESCLAIMER ON
hi guys with break downtrend line to up. if cake hold 18.50 until 20 we can imagine it, will go to 26$ keep it....
$hr time has Hidden Bullish on RSI lots of scruff overhead. if breaks potential breakout. Current higher Low local.
Potential for a nice Gartley entry on this if rejection. Set alert for the .786 PCZ and wait. if Rejection potential to develop Bearish D on RSI and MACD.
* Cake in Daily time frame appears with Descending triangle, with it's resistance as above trendline and the support zone around $17. * Descending triangle is considered to be either trend continuation or trend reversal pattern depend on the breakout. * If CAKEUSDT breaks it's above resistance, we can expect bullish momentum. * Price is bearish below support.