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CAKE

PancakeSwap CAKE - The Road to $150PancakeSwap is the place you trust when it comes to swapping your AltCoins. Its symbol: CAKE ( CAKEUSD , CAKEBUSD , CAKEUSDT ). If you take a look at this one, it's a no-brainer. Things are looking up. Although the Crypto Markets have been smashed lately, the Sun will shine on almost all projects. And I intend to be ready. Got myself a portfolio and adding gently to it on most big dips. HODLing requires patience, but time passes anyway, so might as well do something with it. My next buying point is: $1.2 . So, let's ramp things up with some awesome CAKE Trade Idea. CAKEBUSD Technical Analysis: * Elliott Wave Impulse: Cycle a (white) * A-B-C Elliott Wave Correction: Primary A-B-C (red) * Ending Diagonal in Primary C (red) * Bullish Divergence * 88.6% Fibonacci Retracement * 61.8% Fibonacci Extension of Primary A &B (red) * Demand Zone * Double Bottom Early '23 I'm expecting a start of a greater cycle. Good luck HODLers!
CLong
by Lionheart-EWA
Brief Analysis——CakeMany tokens have entered a bearish channel since March, and the price has fallen continuously and even updated their lows for the year. If you pay attention to the on-chain data, then you should know that this is due to the withdrawal of liquidity from the market. There are more tokens and less funds. Funding will be concentrated toward stronger projects, just as it is apical dominance in biology. Under such an influence, some tokens used as emission rewards have greater downward pressure. As a classic DEX, Pancake also encountered such a situation. Not only is there a decrease in funds in TVL, but the price of its token emission token Cake continues to fall, hitting a new low this year. Through the ME indicator, we can see that starting from Mar.11, CAKE entered a new bearish channel, and the price remained below the yellow area. Now, the ME indicator continues to maintain its bearish trend. (The ME indicator is a trend indicator. The yellow wavy area represents the resistance area, and the purple area is the support area. The signals of S and B correspond to the entry point of short positions and long positions respectively, but do not indicate the exit point.) Now, the ME indicator gave an S signal, which shows that the bulls at the small level have reached the extreme point and the price will fall again. Cake will begin a new decline in the short term. If you happen to have opened a short position, when CAKE has a long green candle, you can use it as the closing point to take profit. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Short
by Sypool
Cake, A Long-Term Theory (PancakeSwap)Hello Friends. How are you today ?! I hope you feel great and always be happy and successful. Do you agree that you can buy cake at a great price in this area? I have identified price reaction areas to this descending channel and drew circles in different colors. please focus on these colors. some of them mean reacting to the top of the channel (Green Circle). some of them reacted to the mid-line (Purple circle)and finally, I expect the price to touch the last red circle around 50 cents at the end of the correction. what do you think? You should look for a divergence at the End of the movement and then buy and hold for the long term. I think it's the best zone to buy. So, don't hesitate to buy in this zone. I tried to explain easily, fast, and understandable. Feel free to let me know in the comments section below! ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! ** Sincerely Yours Ho3ein.Mnd
BINANCE:CAKEUSDShort
by Sticky-Stock
2
CAKEUSDTHello Crypto Lovers, This is a 4H frame analysis for CAKEUSDT The price has reached our support line and we expect it to support the price again and move towards its resistance line which it has attempted to break several times but has not been able to sustain above it. Keep in mind that if the price is unable to support and sustain below the support line with multiple candles, we can expect further decline. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
Long
by MarsSignals
CAKEUSD Short term break out at $1.601 - Fast profit of 3%After a lot of time I was interested to see the CAKEUSD pair and see what is going on there. As it is normal, NASDAQ:CAKE follows the same pattern as CRYPTOCAP:BNB does due to the recent news and all the turbulance that exist in all the crypto market and more specifically to BSC ecosystem. It is very interesting however to examine CAKEUSDT chart and see the potential profits that can provide to us. Right now, NASDAQ:CAKE moves around $1.558 which is on the low boarder of this graphic - the support. In the hourly chart this might tought the price of 1.57 and then hit the resistance of $1.601. SL is the price of $1.544 where a new analysis of the chart will be needed there. Let me know your opinion on NASDAQ:CAKE charts!! COMMENT BELLOW! Happy gains to all!
Long
by logicrypto
NYSE:AWK+NASDAQ:LOVE+NASDAQ:TCOM*4+NASDAQ:CAKE*4 New GroupNYSE:AWK+NASDAQ:LOVE+NASDAQ:TCOM*4+NASDAQ:CAKE*4 This is my new group it started at $3.50 this morning. Was finally able to get a 1 long term of my new addition CAKE and 3 short term. Same game plan. Wait for a strong day and look for potential weakness and take profits. Add something new to keep the balance. Will post a new list of refill potentials later. This combination has been working pretty good by keeping my group in the green even when one needs to reaccumulate or I get in to early.
NYSE:AWKLong
by iCantw84it
CAKE set up for Profit Run Monthly, Weekly, Daily should be hugeThanks to Savvy Sean for finding this and asking me to chart it... I havent seen a monthly that was this ready and in line with weekly and daily at the same time....so This should be a huge move. I got 1 110 day and 3 43 day option plays on this.... plan on pulling some profits the first sign of weakness on a longer time frame. However I plan on jumping back in at the bottom of same move. this should run for a few months. the target is the 50% drop it took in price action around $68ish... Like follow Boost its all free.... if you find this interesting and want to see more. by iCantw84it 07.03.23
NASDAQ:CAKELong
by iCantw84it
🔥 CAKE Is Done Dumping? Amazing Risk-Reward Bounce PlayOver the last few months I've made several CAKE analyses where I discussed the massive dump that this token was experiencing. Like mentioned before, I think that CAKE as an asset is dead, but that doesn't mean it can't offer good trading opportunities. This trade is based on the assumption that CAKE will reverse sharply after the crazy April & May dump. I'm fairly certain that CAKE will never see a new all-time high again, but a 2x from here is certainly in the cards, especially with a bullish Bitcoin. I'm waiting for CAKE to close above the most recent high of 1.67, stop below the swing lows and a target of 3.50, roughly where the dump started.
Long
by FieryTrading
12
CAKE/USDT - CakeDAO: BBand_Breakout◳◱ A Bollinger Band breakout has been identified on the NASDAQ:CAKE / CRYPTOCAP:USDT chart. The price has moved outside of the upper Bollinger Band, indicating a potential bullish trend. The next resistance key levels are located at 1.47 | 1.538 | 1.69, and the major support zones can be found at 1.318 | 1.234 | 1.082. Consider buying at the current price zone of 1.462 and targeting higher levels.BBand_Squeeze ◰◲ General info : ▣ Name: CakeDAO ▣ Rank: None ▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Poloniex, Mexc ▣ Category/Sector: N/A ▣ Overview: CakeDAO project overview is currently unavailable. I'll try to update this in the upcoming analysis. ◰◲ Technical Metrics : ▣ Mrkt Price: 1.462 ₮ ▣ 24HVol: 8,569,931.380 ₮ ▣ 24H Chng: 3.03% ▣ 7-Days Chng: N/A ▣ 1-Month Chng: N/A ▣ 3-Months Chng: N/A ◲◰ Pivot Points - Levels : ◥ Resistance: 1.47 | 1.538 | 1.69 ◢ Support: 1.318 | 1.234 | 1.082 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: N/A ▣ Last 90D: N/A ▣ Last 1-Y: N/A ▣ Last 3-Y: N/A ◲◰ Volatility : ▣ Last 30D: N/A ▣ Last 90D: N/A ▣ Last 1-Y: N/A ▣ Last 3-Y: N/A ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.67 - Bullish ▣ Reddit sentiment score is 0.42 - Bearish ▣ In-depth CAKEUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
CAKE Bull Patience will Pay Off Potential is $2 upto $5 BreakoutCAKE has reached a support level that indicates accumulation, but it requires patience for the price to reach $2. Although CAKE experienced a breakout two days ago within a smaller range, it has undergone a retest of this breakout. To take advantage of potential pullbacks and enter the market, it is recommended to buy incrementally. The price needs to break the smaller box, as indicated by MT Pandora's Box, in order for the price to move. The bulls are currently preparing to overcome the resistance range at 1.48. If successful, the subsequent targets of 2 and potentially even 5 to 9 could be achieved, depending on the strength exhibited by these buyers. Currently, they are rebounding from the weekly support level of $1.3. It is advisable to exit any position below this level. I will be constantly updating this post, so I encourage you to come back and check for updates. It's still a great opportunity to buy before it's too late. If you agree with this idea, please follow and click the "like" icon under this post. If you disagree, please comment below stating your reasons. 📈 🚨 #FREE MT BNB LONG TRADE SIGNAL 🚨📈 👉 🧿 ASSET: NASDAQ:CAKE (CAKE/USDT) 👉 🧿 ACTION: LONG 👉 🧿1st ENTRY PRICE: $1.352, 2nd Entry ; 1.388, 3rd Entry ;1.415 (Buy Incrementally) 👉 🧿 STOP LOSS: $1.292(Risky Stop $1.31) 👉 🧿 1st TAKE PROFIT: $2 2nd TP: $4.3 3rd TP: $5(Extended $0.8.4 And 10.84) Remember to trade responsibly and always do your own research. Happy trading! 📈🚨
Long
by MachiavelliTrader
🔥 CAKE Reversing From Massive Resistance: Great Risk-RewardOver the last few weeks I've made several bearish analyses on CAKE. This downwards spiral started mostly because of the April vote which investors hated. As far as I'm concerned, CAKE will only fall further. Apart from the terrible tokenomics, the rest of crypto is looking more bearish than bullish as well. We're placing the stop above the most recent highs, around 1.43, which is also the area where the resistance was last hit. Target at 1.00 since it's a big round number.
Short
by FieryTrading
5
🔥 CAKE = 💀Last month I made an analysis on CAKE and the fact that it was selling off severely. My 2.50 support was the last hope for the bulls, which inevitably failed. Fast forward to today, and we're trading at 1.50, a truly abysmal feat. Short-sellers are happy, stakers and investors are either exiting in droves or seeing their funds evaporate. I think that there's little hope for CAKE to ever recover from this. Unless they make some drastic changes to the tokenomics of this token, I don't see it ever taking off again. Keep in mind that this is normal for a lot of tokens. The good ones survive the bear market, the bad ones die. We might see some kind of pump occurring over the next year, but I'd be surprised if this token will go above 3.00 ever again.
Short
by FieryTrading
9