#CAKE has two options in my opinion:
Scenario A:
- the volume increases and on a daily timeframe we can see a possible breakout of the first resistance. So far the support is holding.
Scenario B:
- if the volume decreases we can see a possible retrace but soon it will be possible to re-try and finally break the resistance.
IMO the scenario A is more what will...
It seems Pancake had been completed a Diametric Correction and it is preparing for starting a rally to 20$ or even 120$.It is not Buy signal and just personal idea. Be careful.
CAKE can go to the bottom of the rectangle again before it continues to to up
🔵Entry Zone 3.021 - 3.128
🔴SL 2.6264
🟢TP1 3.3490
🟢TP2 3.6706
🟢TP3 4.5688
Risk Warning
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If...
🔍 Strategy Overview:
Condition: Testing the $3.00 - $3.15 support area.
Entry Criteria: Ladder entry within the support zone.
Targets: Aim for the next resistance levels at $3.45 or $3.65 - $3.80.
Risk Management: Set stop-loss just below $2.80.
📢 Analysis: Utilizing laddering within a strong support zone provides flexibility. Keep an eye on market dynamics and...
Today, 2/26 at 12:00 p.m., the price of cake is 3.23 and it will increase up to the daily limit of 3.51, and it is possible to get long in the time frame of one hour or 15 minutes.
Im sharing another #crypto token long setup from the TTR
CAKE is in C&H setup. I really like this coin as it should give an easy 10-20x in the next bull run.
From somewhere on the chart, we entered "start", a bullish diametric has been formed, and now we seem to be in the bullish wave E.
This diametric is very strong and bullish and is expected to continue until $6.8 - $7.0.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Currently, the coin maintains a stable downward trend.
Cake is the native token of the PancakeSwap decentralized exchange. The coin is well-suited for swaps and for addressing tasks within the exchange ecosystem.
- Not financial advice, trade with caution.
#Crypto #PancakeSwap #Investment #CAKE
✅ Stay updated on market news and developments that may influence...
CAKE will continue to go up after the Flag breakout.
🔵Entry Zone 2.798 - 2.727
🔴SL 2.577
🟢TP1 2.933
🟢TP2 3.200
🟢TP3 3.400
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please...
