Hello my Fellow TraderZ, Few days ago, I have shared my view on $CAKE #PANCAKESWAP on Daily TF, where I had mentioned that Price was ranging inside an ASCENDING TRIANGLE, broke it and coming for the retest for the further upside move. Today I'm sharing another possibility on DTF where it can be easily seen that the price is forming a Narrow RISING WEDGE...
$CAKE bounced off the ascending trendline and the support level. Bullish movement to resistance level at 5$ is likely to happen.
Pancecake Swap token got rejected in area $5, a resistance area formed during the crash of May - June, when the price plummeted to its multi-year low at ~$2.5 price per token. Over the course of the past 4 months, Cake has been able to grow +100%, pushed by a positive momentum generated from the additional commitment from several investors in the platform and...
The long-term upward trend line has been maintained so far, on the other hand, a tight movement has formed in the four-hour time frame. Keep in mind that the price can break out of compression both from the top and from the bottom, depending on the type of movement in the lower time frames, it is more likely to break out from the bottom. The confirmation of the...
Trading Setup: A Trading Signal is seen in the CAKEUSDT PancakeSwap (Futures) Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 4.785 ⭕️SL @ 4.981 🔵TP1 @ 4.278 🔵TP2 @ 3.821 🔵TP3 @ 2.853 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked...
Hello my Fellow TraderZ, After June lows, $CAKE has been ranging inside an ASCENDING TRIANGLE on Daily Time Frame and continously maintaining the Higher Lows. Previous Daily candle closing was Pin Bar pattern with decent Volume. Now the price is trying to attempt the Breakout of the Triangle, all we need is greater Volume bars than previous one. Hence this...
Pancakeswap (CAKE) — the token remains one of the most favorite of the audience, constantly getting into the ratings for social activity and trends. It seems to me that #CAKE will take its rightful place in the BNB ecosystem in 2023-2024. Plus, all the time: - Emission is limited. - % of rewards in CAKE pools are cut - which reduces the inflation of the...
Cake is testing the uptrend line multiple times and i am pretty confident the line will be broken soon... Currently, CAKE is not listed on futures so if you have CAKE, It is better to take profit and buy back lower
PancakeSwap (CAKE) may not see a new bull market until it clears its weekly logarithmic trendline. At the same time, cycle-wise, the cryptocurrency seems to have completed an Elliott Wave flat structure that suggests that we're about to bottom. CAKE Logarithmic Trendline The downward sloping logarithmic trendline connects all the major swing highs, starting with...
CAKE bounced off the ascending trendline. Asset broke trough the descending trendline. Bullish movement to resistance level at 4.5 is expected to happen.
my pancakeswap cake price prediction 2022, i am sure long now in cake token
$CAKE is breaking through the support level after the ascending trendline was broken. Decline to support level at 3.69$ is likely to happen.
CAKE bounced off the descending trendline. Asset broke trough the ascending trendline. Bearish movement to support level at 4.085 is possible.
$CAKE bounced off the support level and broke through the short-term descending trendline. Bullish movement to resistance level at 4.18$ is likely to happen.
CAKE/USDT Entry Range: $3.80 - 4.10 Price Target 1: $6.00 Price Target 2: $7.70 Price Target 3: $9.45 Stop Loss: $3,39
pancake swap update its a long way to go so many resistances on the way we need bullish news and volume to break all these
$CAKE broke out of an Adam & Eve double bottom, and is now forming a bullish pennant on lower timeframes (6h and lower, and even somewhat on the daily chart). Though volume seems low, and the stochastic RSI is showing potential bearishness. There's a good probability we break down out of the pennant, for a small correction before moving up towards previous ATH...
CAKE is forming quite a lot of Bullish patterns at the moment, showing that buying power is gradually returning to CAKE and a reversal could happen at any time. We can accumulate CAKE in the $3 zone and expect a rally and break out of the Symmetrical Triangle pattern to rally strongly to the $4 and $5 zones in late July and early August. However, if the $3 zone is...