CAKE.USDT (Y21.P2.E1).Setup completeHi Traders,
Here is one that is taking off.
1st resistance or target is 19.693
All the best,
S.SAri
CAKE
CAKE Meso Target Met, Macro coming! @SmileyTradesHello Traders!
Hopefully, some of you have been paying attention to my analysis for this coin! So far, we have had some seriously amazing trades that have led to insane profits!
I will mark the previous setups for your viewing pleasure (maybe to instill confidence within my trading).
For now, even though we have met the Meso Target, we are still waiting for the Macro Long Target to be met at $26.30. In the meantime, IF price allows it, there is a Micro Extension that we are observing to see if price trades, but also some Meso degree setups below us as marked on the chart.
Let's allow price to develop, ideally in our favor ;)
Happy Trading, always manage risk.
Quality in trading is the ability to react to one's own psyche
Target 28.4in daily chart, cake is ready for a cup & handle breakout.
TP 28.4
SL 15.6
Please wait for daily candle close.
CAKEUSDTCake about to take a big leap forward to see his ATH. Strong movement can be expected in the direction of breaking. This is a trial, for educational purposes only. YTD.
Pancake Swap ($CAKE) With Lots Of Upside in the Near FutureWe are only seeing the beginning of what's to come for $CAKE. I've been saying since $9 that this platform is undervalued and I will continue to say this until it's above a $10b market cap.
Stake your coins on Pancake Bunny and get a great return while you hold for the 5-10x.
CAKEUSDTHello friends, if the resistance fails, the above goals can be considered
Your comment encourages me
CAKEBUSD (CAKE) - POTENTIAL BREAKOUT ANALYSIS 🔎
- CAKEBUSD is printing an ascending triangle (AT) pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Stop limit entry : breakout above the ascending triangle's horizontal resistance.
- Limit entry : test of the ascending triangle's inclined support.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
New rocket🚀Wassup
One more Flag pattern
Check CAKEBTC. There is an interesting formation for you.
The price followed trend and broke resistance after consolidation.
Possible retest of new support zone is expected.
So follow the chart and look for the best price to enter carefully.
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Feel free to leave comments✉️
And always remember: "we don't predict, we react".
Cake looks Bullish !!Cake/usdt Had an amazing run a few days ago over 70% pump which was tremendous .1 personally can see cake at 30$ before may,Futher a Cup and handle confirming it gives us more confidence in it . We could also Presume it as a Bull flag. And the target would still be Astronomical.i would like to see the breakout of the neckline In the next few days.further btc dominance falling into new lows adds to the hype.
Fundamentally speaking Cake has a circulating supple of 150M Price 18$ Uniswap 500M price about 30$
Also with ethereum Scaling solution Layer 2 being postponed for July could give room for dexes like pancake swap room to grow.
I hope you all good trades
Do your own research none of this is financial advice
Cheers!
Cake Looks niceCake/usdt Had an amazing run a few days ago over 70% pump which was tremendous .I personally can see cake at 30$ before may,Futher a Cup and handle confirming it gives us more confidence in it . We could also Presume it as a Bull flag And the target would still be Astronomical.i would like to see the breakout of the neckline In the next few days.further btc dominance falling into new lows adds to the hype.
Fundamentally speaking Cake has a circulating supple of 150M Price 18$
Uniswap 500M price about 30$
Also with ethereum Scaling solution Layer 2 being postponed for July could give room for dexes like pancake swap room to grow.
I hope you all good trades
Do your own research none of this is financial advice
Cheers!
Bullish patterns- CAKELong on Cake
Reasons
Price action indicates continuity of the upward with huge volume.
Good fundamentals.
We are in a altseason.
Tp 1. 18,04 (mensal open)
Tp 2. 19 (VPOC)
Tp 3. 27 (Fibo)
Sl on the chart.
CAKE - Buy the DipBoth the BTC and USDT pairs have swept intraday demand. There is still some untapped daily demand on both, so if we reject and make lower highs at the respective red regions, the blue regions are my target entires. Otherwise, we keep pushing above the red, hopefully with a quick retest, before we pump into Price Discovery.
$CAKE going to go absolutely bananasPerfect cup with handle. Find me a better one. I dare you. Go long or go home.
