CAKEUSDT 1D#CAKE is trying to break out the falling wedge pattern on the daily chart. The next resistance level is MA200, which is around $3.00 level
In case of a breakout, the targets are:
$3.490
$3.825
$4.160
$4.574
$5.243
We are bullish on it.
CAKEUSDT trade ideas
CAKE is bullishWe have a bullish structure on the chart and also a head and shoulders can be seen at the bottom. By maintaining the demand range, it can move towards the supply side.
The targets are clear on the chart.
Closing a 4-hour candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
TIME TO PUMP $CAKENASDAQ:CAKE is at a very strong support and is about to pump. Profit should be within $5.2 or more, that is a 90%+ profit in view
CAKEUSDT IDIAHello traders hope you are enjoying our Analysis.
Now we are here again with a new trading opportunity ,we will discuss today about CAKEUSDT
THE Descending triangle pattern Breakout Has Already Done in 12H Timeframe ✅
Expecting +40% Bullish wave 🚀📈
#CAKE, Accumlation phase ended. Time to go like rocketWelcome, Trader. Welcome to our cryptocurrency community!
We are going to discussing #CAKEUSDT 💹
#CAKEUSDT 🔥🚀
---------------
Update:
#CAKE was moving in accumulation phase on the 10 Hr time frame 👉✅.
Breakout is done successfully📈✔😉
We are expecting a minimum of 33% 💰 very soon
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Just an 'IDEA' I think it will move like this , but mean while it can change , for now I think we need to close above EMA 200 first , then try to fill the FVG and get to fibo 50-61.8 .
CAKEUSDT UPDATE #CAKEUSDT(Update)
Hey dear traders. Hope you are enjoying analysis with our team. we are here to analyze CAKEUSDT today.
Falling wedge Breakout Done in 1D time frame.
Expecting Massive Bullish wave towards 60%+ 📈🚀
cakeusdt gold signal Hi
#CAKE has broken out of the symmetrical triangle with high volume and has also surpassed the horizontal resistance. An upward move is anticipated as long as it continues to trade above the horizontal support,
buy zone : 2.90 to 3.15
targets:
3.30-3.46-3.60
thank you follow me
CAKE Analysis and Signal on 4HCAKE Analysis and Signal on 4H
🔵Entry Zone 2.869 - 2.822
🔴SL 2.694
🟢TP1 3.088
🟢TP2 3.318
🟢TP3 3.509
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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Cake we see that price broke and ending pattern
then i will STAY for retrace to catch it
notice
i must see OB engulfing pattern to get in trade
SAME IDEA FOR 4HSAME IDEA FOR 4H
NOTE FOR 1D (I think it will move like this, but meanwhile it can change. For now, I think we need to close above the EMA 200 first, then try to get back and fill the FVG. After that, we can get back above the EMA to reach the Fibonacci levels of 50-61.8.)
cake time frame 1dayHello, everything is clear in the chart
Don't forget capital management
And don't be greedy
CAKE/USDT BUY IDEAWe can expect to have a reaction in the direction of selling from the specified support zone
Confirmation from the price actionOn a 4-hour timeframe, the support and resistance levels of the price range have been identified. When the price reaches either of these specified levels, we can focus on the price reaction after receiving confirmation from either direction. This approach allows us to make informed trading decisions based on the observed price action at these critical levels.
Alikze »» CAKE | Dynamic trigger failure and pullback completionIn time 1W, after a zigzag correction, it will have the ability to rise to the targets specified in the chart by breaking the dynamic trigger and pullback to it by breaking the most important neck line resistance. According to the current motivational wave, this step can be fast. But its first supply zone will be in the range of 4.8 to 5.4 dollars.
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CAKE ready for a POP ! Basing up and holding. above resistance.CAKE strong looking chart,
continually basing up and maybe one to follow the DEFI names that already popped. UNI UNFI and SUSHI. just bought the 4h HL off of 4h Ema 12. stop under there.Guys and Gals remember it is no problem buying a strong chart high up.
Just respect your stop and let it play out.
TA rules, Learn TA from the MASTERS . Learn real setups . Study our Playbook.
Get profitable fast!
You love Charts and so do we ;)
Chris Chartman and the Freedom traders
CAKEUSDT Eth CounterOk ok , I've been keeping them to myself lately . But this one needs sharing. As ETH fees continuously go up in expectation of the etf, even tho not everyone knows it . Blackrock has filed for it in May , and they do not get rejected .
Eth fees go up , chain becomes untradeable for normies, they'll cheaper ones such as SOL , INJ and BNB Smart Chain. Cake here looks prime as 1W ichi has left the cloud
CAKEUSDT LONGKUCOIN:CAKEUSDT
It is exactly on the resistance
I opened a long position
It is better for you to wait until the price goes above the resistance range and the PURPLE line and stabilizes, and then open a long position with more confidence.
Comprehensive Analysis of the CAKE/USDT Chart1. **Key Support and Resistance Levels**:
- **Resistance**: There are two major resistance zones on the chart:
- The first zone is between 5.500 and 5.800 USDT.
- The second zone is between 6.580 and 6.965 USDT.
These areas are highlighted in red and indicate significant selling pressure where the price is likely to encounter resistance.
- **Support**: The major support zone is around the 2.500 USDT price level. This area is marked in green, indicating significant buying pressure where the price is likely to find support.
2. **Liquidity Levels (LIQ)**:
- **LIQ (weekly)**: Located around 1.206 USDT and 7.500 USDT.
- **LIQ (daily)**: Located around 6.580 USDT and 0.994 USDT.
Price Movement Prediction:
- **Upward Movement**:
- If the price can break through the resistance at 5.500 USDT, it may move towards the higher liquidity targets at 6.580 USDT and then 7.500 USDT. These areas are indicated by blue lines and can be considered potential targets for upward movement.
- **Downward Movement**:
- If the price falls below the support at 2.500 USDT, it may decline towards the weekly LIQ around 1.206 USDT. This level can be considered a target for downward movement.
Conclusion:
- For short-term traders, monitoring price movements around the key resistance and support zones is important. Traders can look for signs of price reversal in these areas.
- For long-term investors, focusing on liquidity levels and overall price movement predictions can aid in better decision-making. If major resistances are broken, a move towards higher liquidity targets is likely, and if key supports are broken, a move towards lower liquidity targets is likely.
LONGCAKEUSDTConsidering the beginning of the trend after the last support and correction of 50%, it is expected to continue its movement and touch the higher targets that I specified in the picture.
CAKE: bull-trend📊Analysis by AhmadArz:
🔍Entry: 2.723
🛑Stop Loss: 2.612
🎯Take Profit: 2.489 - 2.998 - 3.161 - 3.439
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#CAKE /USDT SPOT LONG ENTRY#CAKE /USDT SPOT LONG ENTRY
Leverage: 1x
Entries: $2.692
Take profit 1: $2.777
Take profit 2: $3.036
Take profit 3: $3.437
Stop Loss: $2.379
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
BINANCE:CAKEUSDT
Thanks
The sroced.
