◳◱ A Bollinger Band breakout has been identified on the NASDAQ:CAKE / CRYPTOCAP:USDT chart. The price has moved outside of the upper Bollinger Band, indicating a potential bullish trend. The next resistance key levels are located at 1.47 | 1.538 | 1.69, and the major support zones can be found at 1.318 | 1.234 | 1.082. Consider buying at the current price zone...
CAKE has reached a support level that indicates accumulation, but it requires patience for the price to reach $2. Although CAKE experienced a breakout two days ago within a smaller range, it has undergone a retest of this breakout. To take advantage of potential pullbacks and enter the market, it is recommended to buy incrementally. The price needs to break the...
Technically, cake token has reached an important area that once in its past the pot has reacted positively to it, the formation of 2 peaks can be seen in it, for long-term investment I will look at it and enter it one step. 💡🟢 make money ✌️
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. (update) Earlier first target was reached(4.5), stop already in breakeven 3.4 Next targets: 5 - 5.5 - 6.2 Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me...
I personally have a long bias for the coming days, considering the long consolidation, I expect #Cake to outperform Alts once #Bitcoin settles.... Good Luck and DYOR. KUCOIN:CAKEUSDT
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. (update) In previous analysis i gave recommendation to buy CAKe in 3.5 - 3.2$ zone. Entry: market and lower Target: 4.5 - 5.4 - 6.2 Main target zone: 6 - 6.5 after first target reached move ur stop to...
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower (perfect entry zone 3.5 - 3.2) Target: 4.5 - 5.4 - 6.2 Main target zone: 6 - 6.5 after first target reached move ur stop to breakeven Stop: ~2.55 (depending of ur risk)....
Hello traders, Based on the chart, I dont know will be one more small decline or not, but i think that in midterm CAKE will show some growth. Entry: market and lower Targets: 4.8 - 5.5 - 6 after first target reached move ur stop in breakeven! SL: ~2.6 Risk/Reward: 1 to 2.5 Good luck! Please, feel free to share your point of view, write it in the comments below, thanks!
Trade setup: Trading in an Ascending Triangle and price is approaching $5 resistance zone, where it was rejected in August. It also lines up with 200-day moving average. If price is able to break above that, it could revisit $8 thereafter. (set a price alert). Pattern: Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (4.606). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CAKEUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (4.606). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CAKEUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors . Trading suggestion : 📍 CAKEUSDT - Cake 🔰 LONG 🟢Buy Now or Buy at : 4.603 ⛔️Stop Loss : 4.448 🌀Take Profit 1 : 5.060 🌀Take Profit 2 : 5.425 🌀Take Profit 3 : 5.890 #Ticker_trading...
CAKE bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 4.59 is expected to happen.
CAKE broke trough the descending trendline. Asset broke trough the resistance area. Bullish movement to resistance level at 4.61 is expected to happen.
CAKE bounced off the ascending trendline. Asset broke trough the descending trendline. Bullish movement to resistance level at 4.5 is expected to happen.
Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors . Trading suggestion : 📉 CAKEUSDT -Cake Buy Now or Buy at @ 4.111 Stop Loss @ 4.029 Take Profit 1@ 4.310 Take Profit 2@ 4.543 Take Profit 3@ 4.958 ⛔️ Trading and investment in the financial...
On first observation this may not look like the best long position, but my reason for posting is that I think that it presents good risk reward. Price and lagging strand are above the cloud, and have held well over the past several hours (1 hour time frame). Clearly defined stop loss here and also some obvious targets overhead, 3.264 being the best one in my...