Technical Analysis: - Current Price: $2.619 - 24-hour Price Change: +4.39% - 7-day Price Change: +6.42% - BOLL Support Price: $2.535 - BOLL Resistance Price: $2.618 From a technical perspective, the current price of CAKEUSDT is $2.619. Over the past 24 hours, it has experienced a price increase of 4.39%. In the last 7 days, it has seen a positive price change of...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (4.606). . 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...
cake seems to be holding much better against BTC and other defi projects. - If indexes drop to support level I think good to slowly DCA into cake around 3.25 to 3.50 support and 0.65 fib too. - if it breaks diagonal trendline potentially targeting $5 to $6.50 and take profit 1 and 2 targets. - if this set up fails- stop can be around $3.10
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 (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...