CAKE/USDT TRADE SETUP! BREAKOUT!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this CAKE/USDT TRADE setup. CAKE looks bullish here.
CAKE is breaking out from the bullish pennant in 1hr time frame. Expecting a 20-22% pump from here. Buy some now and add more in dips.
Entry range:- $9.2-$9.4
Target:- 20-22%
SL:- $9.04
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Cakeusdt
Trading opportunity for short position-CAKEUSDTBased on technical factors there is a short position in :
📊 CAKEUSDT PancakeSwap
🔴 Short Now 9.18
🧯 Stop loss 10.20
🏹 Target 1 8.50
🏹 Target 2 7.50
🏹 Target 3 6.20
💸Capital : 1%
We hope it is profitable for you ❤️
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CAKEUSDT - SETUPCAKEUSDT price was moving into a bearish channel, this almost a year-long rally was broken down and then retested successfully by the bulls. Bull's efforts pay off and now price print an HL, So we may see a seamless rally towards upside with the help of EMA 100 which is acting as a support. Keep accumulating.
CAKE LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on CAKE as price shifted the market strucutre from bearish into bullish, price reversed to fill the bullish imbalance and from there we have a clear area into 12/14 price area where price has a lot of price inefficiencies that should be closed.
What do you think ? Comment below..
#CAKE / USDT Trend Reversal? #Signal @everyone**CAKE/USDT**
Possible trend reversal underway, following falling wedge breakout with large volume
Ideal entries now would be around $7
After that we would be looking for price to move past $10 - $12
Short term targets > +30%
Mid term targets > +60%
Long term targets > +140%
Use small % capital we'd use 2-3% max
CAKE LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on CAKE as price shifted the strucutre from bearish into bullish making (bos move) price retraced back into the W1/D1 imbalance and from there we can see a push towards bearish orderblock area on the D1. Market Sentiment in crypto for now is in a EXTREME FEAR meaning there is a good buying opportunity.
What do you think ? Comment below..
CAKE, the trendline BREAKOUT! Is PUMP still possible?PancakeSwap(CAKE) broke the trend line and tested it as support. This shows the strength of the buyer, but at the same time the volume has not increased. So, a local dump with a false breakout is possible, after which it is ok to open a long position with a profit risk of 1:5 or more!
Large volumes in the fall of the price show that someone has accumulated a position, therefore a local PUMP is possible.
Targets:
1. $9,20-9,40
2. $9,75-10
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
CAKEUSDT (4H "LONG" 25%-50% PROFIT SPOT)Targets are : Short Term $7.15 - Mid Term $8.3 - Long Term $10
Reasons for long :
Huge volume !
Huge engulfing !
Ressistance breakout
Avarage true range
for sure there would be corrections dont get panic
if you buy it in spot market no need to use stoploss
GODBLESS
POSSIBLE BREAKOUT , REVERSAL UPTREND ?
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
- $CAKE is on the verge of breakout on the channel's high.
Currently it's moving on the 1D time frame chart into a descending channel and after the break-out, It'll be able to climb up to the higher S/R 9.4$ - 10.5$ - 12.80$ respectively.
- But it's better to wait for a proper hold above 9.0$ to take Long on it, meanwhile we can notice the spike in volume where buyers pushed the price upper protecting level of support 5.3$ as i suggest that buyers are shifting their money
into CAKE making it likely that the existing trend is about to reverse direction after the sellers have failed to make a new lower low.
- Be aware that we have the possibility of reversal on $BTC at $49500's resistance.
Hope you enjoyed the content I created,
Have a good day Traders!