CAKE is getting ready to reach the MOOOOOOON!In this chart, you can see a clear downtrend that seems to be broken and there is a pullback on the same downtrend line. Also, the good news is a really strong SUPPORT about 16.5$.
On the other hand, a nice HL is happened (17.2$). So we can wait to will occur a HH in the feature.
Pancakeswap
MATE - New kid on the blockSimple chart on this new promising project called MATE
Why I'm posting this?
Bottom looks to be in.
Nice volume candle on the daily.
Recently added roadmap and as I know by now, MATE devs always deliver.
This is a mid to long term hold and could be very profitable, it's a must-have at this price for every portfolio.
SOME FACTS
What is MATE?
Mate is a DEX, you can compare it to Uniswap and Pancakeswap but with one very big advantage - YOU CAN SET LIMIT ORDERS!
Also has a high (but sustainable) yield on farming and staking has been released. Total decentralization by governance release is coming to.
How is MATE distributed?
MATE is a fair launch token that can be earned by adding liquidity and adding it to the MATE farm. (APR at the moment is 373%)
Some tokenomics (to date 13-11-2021)
Max supply: 100.000.000
Current circulating supply: 5.983.297
Marketcap atm: $ 925.085
Roadmap to end 2021
GOVERNANCE
Contribute your ideas using xMATE governance token
WEBSITE V2
Showcasing the features, use cases and upcoming developments
DEX AGGREGATION
More powerful limit order filled at best price across AMMs
MULTICHAIN
Partnership with a new L1
Enjoy the moment to get in before the marketing starts.
CAKE has high potential to grow, just buy if...!Hi dear followers, CAKE token is undervalued in my idea and there is a big move ahead for this token.
At the moments this token is completely in a downtrend as u can see, There is possibility for more falling before going up.
Where is the best place to buy?
If you want to buy this coin, The most important thing is to wait for breaking up the downtrend trend line. Buy after breakout and re-test.
ATH is easily in access for this coin and until end of the year.
CAKE head up to $35#CAKEUSDT
$CAKE broke out from descending resistance and confirmed it as support.
also price is above long term support zone and head up toward resistance zone between 0.5 and 0.618 fib of correction wave.
as trend lines and fib levels show, break out from this resistance zone will lead price toward 1.618 and 2 fib levels around $32 and $35.
PancakeSwap After orange box breaking I expect first red box
( supply zone and top of blue channel)
Second red box is long term target and
according to the market situation It should be check.
Because of Bitcoin fluctuation,
If we lost 16/4 $ by 4 H candle I will leave out of the position
and I will buy more in green box,
thats a powerful demand zone
₿ BITCOIN 1D ₿ : 07.Nov.2021 (Update)The price of bitcoin has been fluctuating sharply in the last 2 days , and showed 2 different behaviors in 2 consecutive days ... on November 5 it formed a bearish pin bar and on November 6 it formed a bullish pin bar . it means its trend is not clear yet ...The price is still in a tight range and as long as the price is trading above the POC Line we can be optimistic about the chart, which is currently in the range of 61K and the price is currently trading above this range , In the last few days, we have not had a close below this range ... we have to wait for a strong defeat to reshape the main trend, either from above or from below ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 07.Nov.2021
⚠️(DYOR)
CAKEUSDT making a bullish breakout* Cake in Daily time frame appears with Descending triangle, with it's resistance as above trendline and the support zone around $17.
* Descending triangle is considered to be either trend continuation or trend reversal pattern depend on the breakout.
* If CAKEUSDT breaks it's above resistance, we can expect bullish momentum.
* Price is bearish below support.
PancakeSwap (CAKE)Hi everyone,
This is my description:
Purple Lines: Support & Resistance (for a week) “VERY IMPORTANT”
Blue Lines: Support & Resistance (for a day) “IMPORTANT”
Orange Lines: Support & Resistance (for a 4H)
Thanks for your attention.
**IF YOU WANT ME TO ANALLYSIS ANY OTHER CRYPTOS, PLEASE COMMENT THE NAME OF IT FOR ME**
CAKEUSDT Technical Analysis⏳ Spot
💎 CAKEUSDT has broken above a significant resistance, I t has also broken above the wedge pattern, After the retest and Pullback we expect that it goes higher.
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 18.88 - 19.41
☕️ TP1 21.12
🍺 TP2 22.87
🍻 TP3 24.57
🍾 TP4 26.50
🍷 TP5 28.00
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 17.50
Good Luck 🎲
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CAKEUSDT - Trend Breakout!!CAKEUSDT (12h Chart) Technical analysis
CAKEUSDT (12h Chart) Currently trading at $19.45
Buy level :Above $19.75
Stop loss: Below $17
TP1: $21
TP2: $23
TP3: $26
TP4: $30
Max Leverage 3x
Always keep Stop loss
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