$CAKE the local token for the PancakeSwap exchange on the Binance Smart Chain BSC has seen a significate drop after it's launch to ATH at $44. The bear market and drop in price for BTC has really hit it hard but the project remains great with genuine use case. 10's of coins are launched on the PancakeSwap exchange everyday it is still seen as the 'go to' for...
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📉 Expecting bullish price action on CAKE as price shifted the market strucutre from bearish into bullish, price reversed to fill the bullish imbalance and from there we have a clear area into 12/14 price area where price has a lot of price inefficiencies that should be closed. What do you think ? Comment below..
📉 Expecting bullish price action on CAKE as price shifted the strucutre from bearish into bullish making (bos move) price retraced back into the W1/D1 imbalance and from there we can see a push towards bearish orderblock area on the D1. Market Sentiment in crypto for now is in a EXTREME FEAR meaning there is a good buying opportunity. What do you think ? Comment below..
Targets are : Short Term $7.15 - Mid Term $8.3 - Long Term $10 Reasons for long : Huge volume ! Huge engulfing ! Ressistance breakout Avarage true range for sure there would be corrections dont get panic if you buy it in spot market no need to use stoploss GODBLESS
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (6.33). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CAKEUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (6.33). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CAKEUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
CAKE rejected the 5.50 - 6.00 price area as we expected in the previous analysis, from a technial perspective we are from there in a bullish market strucutre. Price shifted the strucutre from bullish into bearish somewhere around 7.0$ where it broker above the last high with a huge momentum. The long-term targets for CAKE are around 11.50 where we have a bullish...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (8.55). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CAKEUSDT is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (8.55). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CAKEUSDT is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Cake looking good since i called the bottom on my previous chart hopefully you got in on my previous chart and enjoying the ride
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 Target: 8.5 and 9.9 after first target reached move ur stop to breakeven Stop: 5.9 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 2.5 risk is justified Good luck...
CAKE is testing the downtrend line and the red resistance box in the Daily timeframe. If price fixes above the downtrend line and the red box, We may see a good uptrend in #Cake
Cake looking good here has made a nice move since i called the bottom on my last chart i hope you got in on it
💰 Expecting bullish price action on CAKEUSD as price shifted the structure from bearish into bullish making a BOS (break of strucutre) move, i think for now we will see a retracement move then the price will go higher to fill the BIG BEARISH IMBALANCES aka price inefficienies around 10.23 What do you think ? Comment below..
Hello everyone Cake is one of the most powerful token of defi exchange that can be have a campaign with Dydx in future According to the chart and to the trend of market , you can see the market is moving to have some correction and need to recovery itself then its ready to continue the route as the trend wanna go . This route that we can drwan on chart it can be...
Trading Setup: There is a Trading Signal to Buy in CAKEUSDT PancakeSwap. Traders can open their Buy Trades NOW Rank : ⭐️⭐️ ⬆️Buy now or Buy on 5.75 ⭕️SL @ 5.20 🔵TP1 @ 7.60 🔵TP2 @ 9.80 🔵TP3 @ 13.30 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked...
Based on technical factors there is a long position in : 📊 CAKEUSDT PancakeSwap 🔵 Long Now 6.37 🧯 Stop loss 5.80 🏹 Target 1 6.75 🏹 Target 2 7.65 🏹 Target 3 9.20 💸Capital : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝