Cake is stuck in a consolidation pattern but looks to be in a bull flag Target (depending on how you read the flag pole) looks to be north of 50. I have my first target at the 2 fib level. Could go all the way up to the 2.618. I found a fractal that was right before this one that had some similarities with confluence to the same level the flag pole would tag us...
CAKEUSDT is on the bottom of its long term ascending channel, in lower time frame it forms a falling wedge and a double bottoms as well. So it have a very bullish chart and a upward rally is expected any time soon. in case of breakout, targets are: 39- 42 - 49 - 58 dollers. happy hunting!
Elliot wave completed and now correction wave is in process. So, now cake can retrace back to 0.618 fabonacci level. And then starts its extension wave, This is not any financial advice but i'm trying to learn. So, any expert may guide me in my mistake in reading this chart.
Hello guys, Quick idea here The CAKE/USDT pair continues to move in a short-term downtrend. Now the bull flag pattern has reached the previous horizontal resistance (and our target from the initial call when the price was $22), which turned into support. From here I expect a reversal with the next target marked on our chart. The daily chart is in line with the...
Hello to you all. Mars Signals team wishes you high profits at all times. This currency has both strong fundamental news and has technically implemented the floor-shoulder pattern. We can buy stairs for the above purposes. Warning: This is just a suggestion to you and we do not guarantee profits. Wish you luck!
That's the price level I'm waiting for! Cheers.
Hello everyone! Bullish flag spotted on PancakeSwap. Although the pattern is completed and it should resume bullish, I highly recommend to wait for a breakout. If sell-offs continue, there is a strong support at $30 - $28 area, which is a great buy zone.
As you can see from this Chart Cake has formed a flag pole and currently in a descending triangle both bullish patterns. If Cake breaks to the upside we could see some explosive gains!!!! I'm not an expert this is just my opinion!!!!Please be Kind :)
CAKE/USDT bull flag Check current support and resistance.
every thing is ready break out the roof of descending channel
Hi every one CAKE / TETHERUS CAKE/USDT is in a bullish flag which has not broken yet , If the break out happens there can be a bullish movement as big as the flag pole! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the...
This figure is a bullish continuation. Then, to think about a bullish option we must break the upper resistance of the rectangle . It would be dangerous if the 100 EMA is broken, since we would go to the floor of the rectangle . Approximately towards the 200 EMA . MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total...
Previously on Cake: - Just broke it's bull flag. - Retest successful - Rsi forming a good trend - Follows Bnb and Bnb mostly follow BTC / BNB is very bullish moving up to $750/ Episode2 *Cake was resting in bull flag after the party! *Hangover mode of the cake is going away! *I fell bullish for the next few weeks. *LET'S FIRE THE SECOND ROCKET.(There will be...
this alt has the potential to reach unbelievable values as fundamental but technically the bulls show complete dominance in the chart therefore we consider the last slippage as a correction and go for our targets safely another mean of publishing this post was introducing a token listing today (10th of may) in pancake swap in name of wealth locks (WLT) strongly...