Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about CAKE CAKE The Descending Channel Has Breakout In WEEKLY Timeframe✅ Expecting 400%Bullish Wave in coming days💰✍️
11 dollars would make the total market cap of CAKE to 4.5B which is medium size in this crypto market. They need to have a better launchpad, perpetual trading, should have mobile app. They have already integrated with gaming that is good sign.
Medium-term trading strategy with CAKE is set up in the blue entry zone. Price target in the direction of the arrow. You can buy CAKE right now. The expectation that the price can surpass CAKE's old peak makes this the most attractive trading code at the present time
💎Cake has recently broken out of a resistive trendline and is currently forming an inverse head and shoulders pattern, indicating an increased likelihood of a bullish move. 💎If CAKEUSDT manages to break above the resistant zone, we can anticipate a bullish movement towards the next resistance levels. In the case of a pullback, we might expect a bounce from the...
💎 CAKE has broken out of a descending channel and formed a W pattern at the FVG and 200 EMA. Additionally, the price has shown CHoCH, indicating an increased probability of a bullish reversal. 💎The price may exhibit a pullback and find support at the bullish OB level, or it may retest the breakout zone of the W pattern before establishing a bullish...
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...
Cake hasn't shown any move yet, expecting a huge breakout.
cake trendline have broken just now ,wait for retest and take buy orders
Native token of pancakeswap, got lots of potential, looking good at this range.
This crypto has reached the lower trendline and has taken support, It has also broken out from a triangle pattern. This gives us a good point to enter. Risk Reward Ratio - 3:1. SL is placed below all time low and support Zone. Target is placed near swing high.
CAKEUSDT Long IMO Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
#Cake cup and handle break out! Targets: 21- 23- 25- 27 - 30 - 34 dolores. Stop Loss: 17
All level mentioned on chart. Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. If you check all previous charts, you will understand how beautiful price action trading is and how one can become independent trader by following some simple rules. Reach out if you wish to...
#Cake can be traded in trend breakout!! Volume and order book are good, I expect a rise in the long term. It is not financial investment advice.
This Coin at Demand Zone and it is good for short Term pick up. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
CAKE has been following the Fibonacci Fan and has been forming a triangle too. Now, it has reached a major demand zone and is going to touch the 0.618 level on the Fibonacci on the daily chart. It might retrace back from here and go for a new higher high. Pancake Swap must be having something good upcoming.
CAke is respecting its pattern and forming a nice triangle and is currently below its best price level Levels mentioned in chart !!!!
Cake making a symmetrical triangle here,(could break either direction but looks strong bullish). MACD also squeezed. Will Grandpa BTC allow for the part?