CAKE is in a very interesting position right now with a invalidation at the 17.50$ support and ready to a move to 21$ resistance. The RSI shows that the coin is undervalued, and the OBV is also seeing a good comeback. BNB has been pumping lately with a +5% move today, and we can expect a pump from other BSC coins (like CAKE). What do you think? Comment, like and follow.
CAKE will follow the bullish pattern of BNB soon enough. The next target is 23-26 areas but if bullish momentum continues it can easily reach around 36-42. Don't short this asset!
CAKE/USDT Cake is being accumulated in the fibonacci area of 0.618 Cake will finish the CORRECTION WAVE soon!! ENTRY NOW Cake WILL EXPLODE #tipstradingplanning #indonesia
Hello friends, the cake currency is suffering in a price box that does not have much time to leave the area. Consider the first goal as the box ceiling.
As you can see in the 4H chart Cake is dealing with a very important support level which has been supported so many times before I it is supported by this level it can move up at least to its downward trend line and if it could break this trend line then we could expect Cake to go up at least to the previous top
So I think it all depends on this support are around 18. It seems bears have the upper hand here BUT bulls are not so far behind either! AND with the recent BNB pump + fundamentals around memecoins which are mostly on BSC, I bet my money on the BULLISH scenario! If somehow the bears takeover, which is very unlikely, the price can momentarily touch 16-13 areas that...
CAKE recently lost it's support at 20 and now it's retesting 18 zone. I don't see any more price drop from here as this seems to be a very strong support zone. In the next few days CAKE will be retesting it's previous support zone at 20-21 and if it can break above it, which is likely according to bullish signs, price can easily target 26 resistance area and in...
CAKEUSDT Supply & Demand Berpotensi mengejar support di bawah dan dapat melanjutkan kenaikan ke resisten atas
After breaking the short term resistance line, this crypto might go up to reach its AB=CD harmonic pattern target. If this crypto passed its next resistance area, it would not have many resistance area to keep it from reaching its target.
BNB/USDT 1D TimeFrame BNB is seeking a new higher low on daily, price is forming a nice triangle, trades can be open on the marked zones (green and red) Regards. Eng Alexa.
BINANCE:CAKEUSDT PPPDirhams. Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
$cake #pancake one to keep an eye on here. Retesting previous resistance and has a lot of upside. Resistance levels marked.
All information in the charts Conclusion: Cake has been breaking the triangle, I expected CAKEUSDT will reach $32 in the bull run. This is a mid-term analysis.
last breakout went boom! let's see if cake is gonna make a big rise or not
CAKEUSDT is trading in a tringle and is on the verge of breaking out. Attempt to buy after breakout Stop loss: 17.50 Target: 26
This year cake will grow up a lot Still good to be bought it can go up to 30$ until beginning of December
- hitting long term support levels - Total value locked seems to be rising- showing signs of reduced supply, currently 80% - Hopefully expect price to reach ATH soon and maybe testing the $100 level short to mid term. Long term potential to $1000 but seems a bit far fetched considering market cap. - On BSC Scan can see likely 20% remaining liquidity moslty all in...