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Hi All, I recently got interested in CAKE due to yield farming at 86% APY. I tried to analyse the chart in 1h timeframe and i see a symmetrical triangle pattern. So Watch out for a breakout and a buy/sell in the direction of breakout.
CAKEUSDT strong support line on 17usdt keep waiting to buy for big profit.
I think we eventually rocket when public catches on to defi.
Cake is in a correction of approximately -70%, it has been in an accumulation phase since the end of May. We can also see that it is below the 200 EMA and the volume has not increased significantly. So we need to break that 200 EMA at roughly $ 14 to see a bullish scenario. If we assume that Bitcoin resumes its bullish path I see no doubt that Cake's next target...
After seeing how the target of $ 25 was perfectly met as I mentioned in my old publication, we can see again the formation of a triangle, which should break up at the end of this month, obtaining as a target $ 31 that would represent the 61.80% fibo of the May correction. However, I believe that if the market remains bullish and we continue with the respective...
OK. after big pullback of BTC we should join the market to get the profit
hello, i hope you all guys making good profits as we saw last time it went like we expected , and i'v entered the market again on 22$ average . Now it's possible to be a retest of its up-trend break ,so i took out my capital on 25$ and i'm continuing with the profits until it gets clearer , in case it goes down again i will look for a new enter area .. if i...
Here are the support and resistances for CAKEUSD. We are in uptrend on the daily time frame as long as we are above 21.70. Next week looks super bullish for CAKEUSD.
Cake As for the falling wedge/ bullflag after 6 weeks in an uptrend. Confirm break out before entering. Targets work while using technical analysis and pattern trading. Short term, mid term and long term targets.
Cake has had a great growth from 10BUSD to 26BUSD and needs some rest, just like BNB. cake has been lost its ascending channel and is ranging between 22.1-24.3. Next growth is expected after breaking 24.5-26.5 BUSD
Cake is looking solid. Volume is good and the overall the market is also supporting the trend. Waiting for 26.55 to break. Targets: 29.33 32.54 35.54
Cake price is touching the lower support of the Channel. If it can break and close below on the retest we can go short with good risk reward
Hello my friends, A multi timeframe analysis of CAKE and a long term vision for investment. The price breakup the major resistance and usually after that will pullback to level as a retest. So If the price fixation in this area I expect price growth. You can consider it and the price actions in the circle to buy it. Good luck If you like the idea, do not forget to...
the price is around a daily resistance wich is 27-28$ (at the same time near 50% fib on daily ) that means it could take a week before it falls to the support area and its important to understand that if cake price goes up to 34-37 that would be retest of its ATH on Market cap because of its inflation (the market cap reach the ATH but the price can be at...
The cake is currently testing the red zone area for the upward rally, once it breaks, we can see the good move up a rally in it. In case of failure of the test, the lower zones for buying points are the market. Buy the breakout of the red zone area, This will pump cake harder. Wait for the confirmation! Note: I'm, not a financial advisor, do your own research.