CAKE USDT on its way to the ultimate lows, see my analyseHello dear friends
An analysis of Cake USDT. On the chart you find all the details. If Cake stays below the black trend line it is very likely to test the ultimate low.
The price has already bounced off the trend line and is on its way to the target. Does Cake break above the black trend line with good volume and stays there then we can go to the upside at around 17 USD. That is the declining black trend line.
So place the stop for shorts above the black trend line and for longs (only if it breaks the trend line upwards) below the black trend line.
Good luck and happy trading!
Disclaimer This is my view, no advice to buy or sell. Also always do your own research!
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CAKEUSDT.P trade ideas
PancakeSwap H4 LongPancakeSwap H4 Long. The investment information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy service is provided individually, taking into account the risk and return preferences of the individuals. The content, comments and recommendations contained herein are of a general nature, which are not in any way directive. These recommendations may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not produce results in line with your expectations.
$40 CAKE in December? Thank you Santa!
Nice multi-week flagging structure ready to breakout.
New ATH is possible.
Precondition:
- Orange zone has to hold.
- We have to break out of the descending channel.
- Price might retest the negative trendline upon break.
Buy inside the Orange Zone.
Sell inside the Red Zone.
NFA/DYOR please.
CAKEUSDT , We are in bottom of historyHelloooo everybody
According to the chart that we shown everything , the price is currently is in bottom of history and is in heavy support zone that we expect the price can range and support from here
We wanna to publish this idea in one of the community that ... is secret :D :D
You can buy one part of your capital in here and wait until the target reach
Previous analysis :
Good Luck
Abtin
CAKEUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 20 - 28 - 35
after first target reached move ur stop to breakeven
stop: ~under 12 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 5
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.