CAKE on the way to $11 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.
CAKEMedium-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: Bulls on the Rise! Potential Breakout Ahead 💎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 level
CAKE: Bullish Momentum Builds with W Pattern Breakout💎 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
Riding the Sugar Rush: Exploring the Bullish Momentum of CAKEUSDTechnical 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
PanCake Swap Reversal TradeThis 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.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of CAKEUSDT SPOT (CAKE) is 1.9434 USDT — it has risen 0.33% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing CAKE price chart.
CAKEUSDT SPOT price has fallen by −0.12% over the last week, its month performance shows a −2.16% decrease, and as for the last year, CAKEUSDT SPOT has decreased by −13.86%. See more dynamics on CAKE price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
CAKEUSDT SPOT (CAKE) reached its highest price on Nov 30, 2021 — it amounted to 15.1604 USDT. Find more insights on the CAKE price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
CAKEUSDT SPOT (CAKE) reached the lowest price of 1.0485 USDT on Oct 18, 2023. View more CAKEUSDT SPOT dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying CAKE is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade CAKE right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for CAKEUSDT SPOT (CAKE): today its technical analysis shows the buy signal, and according to the 1 week rating CAKE shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in CAKEUSDT SPOT trading ideas and keep track of what's moving crypto markets with our crypto news feed.
CAKEUSDT SPOT (CAKE) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, CAKEUSDT SPOT is estimated as 8.24% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about CAKEUSDT SPOT, you can find more inspiration in our curated watchlists.
You can discuss CAKEUSDT SPOT (CAKE) with other users in our public chats, Minds or in the comments to Ideas.