#CAKE The pair has been moving in a descending triangle since April 2022 The price broke the upper border of the triangle Supported by the momentum of the Moving Average 100 that is about to be broken Oversold on MACD It is expected to break the Moving Average 100, heading toward upward targets The price now is 20.2 The first goal is 90.4 Second goal...
According to Elliot wave theory, we are heading towards 3.812 after that, we should see a quick rebound with a potential target of 60%. I would like to remind you that we are currently in a bullish market and purchasing power of ETFs is so strong that it has completely disrupted halving cyclicality. We are currently going through a Supply Shock on BTC, which...
After a temporary correction We can enter into a purchase transaction with capital management spot Entry 1 : 3.5 $ Entry 2: 2.8 $ TP 1 : 6.8 $ TP 2 : 9 $ TP 3 : 11 $ SL: 2 $
Cake Should go higher to reach the Target! 12$ BINANCE:CAKEUSD BINANCE:CAKEUSDT.P
#CAKE/USDT #Analysis Description --------------------------------------------------------------- + Cake is showing overall weakness as it recently formed a lower low. + There is a good opportunity for short trade as the overall market is looking bearish + We can enter a short trade once the price breaks the support....
My idea is, the cake needs a break, so it can fall to around $3.96, so we can take a sell trade on it.
Cake based on Fibonacci has a good place to grow. And it climbs to high areas along with the fluctuation.. I envision high goals for it .If you remember, the cake could not reject the resistance in the past that I analyzed. Because it could not break the downward trend. But now it is different from the past, it is completely in an upward trend. And it can grow...
Cake Change Of Polarity. But...................... Should Breakout Resistance ......After Start To UP Trend SLMM Is First , Trade Second. SL = Stop Loss MM = Money Manegment
In the daily chart , after the formation of the wedge pattern and its breakout to the upside, the price has moved towards the static resistance level that we had identified before. if this area, which is in the range of 5.2$, is broken , it can easily move up 9.7$
In the short term CAKE is expected to drop to at least the prior support price as it would be unusual to drop this far and not retest that price The main driving force behind the price movement right now is large amounts of CAKE are being unlocked from 12 month staking. About a year ago - April 2022 - Pancakeswap was offering large staking interest for 12 month...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About CAKE (Update) The Descending Channel Has Breakout In WEEKLY Timeframe✅ Expecting Massive Bullish Wave Towards 8$ In Few Weeks✍️
#CAKE successfully broke out the resistance of the triangle, now I can see a possible scenario where it will retest the now support before taking off. Stay safe as always/
Would you like to receive daily 1 to 2 signals along with charts and explanations? All signals have a win rate of 2/1 Cake/usdt ×10 BUY 4$ Stop close under dynamic line Target 4.5~4.8
Hey traders, I'm sharing a long signal for CAKEUSDT with you today. Here's my analysis: The token has been in a strong uptrend since early February. It has broken above several key resistance levels. The RSI indicator is above 70, indicating bullish momentum. The MACD indicator is also bullish, with the MACD line above the signal line. Based on this analysis, I...
Cake is still a big play.. With BNB gaining more ground..this will reclaim back some of those ''R'' levels.. Place your TP form the current price level Now..i am not too sure of $44 cake but a sure 10-20$ price cake i can vouch for. But this is crypto..Never say never
PancakeSwap ( BINANCE:CAKEUSDT ) has broken above its weekly moving average 100 that is a strong bullish signal. We are hours away from the confirmation of this signal when this weeks candle closes above the weekly MA100. Later on, after a possible pull back to the moving average it will continue its way toward much higher price targets as the way above is very...
CAKE will go to moon if break 5.50$ resistance. Target More than 10$
* Cake is sitting on weekly support. * Possibility of cup & handle formation 1d: Bullish trend strength: 21 MA7 > MA25 > MA99 MA50 > MA100 > MA200 Supertrend is long Price > MA50 Chikou Span > Price Bearish reversal potential: 15 MACD Bearish Cross DI+/ DI- Bearish Cross Bearish Engulfing 3D: Bullish trend strength: 32 MA7 > MA25 > MA99 ...