As you can see in the chart, the price of CAKE has experienced significant growth after a period of decline and volatility. The price bounced back from the $1 support zone and has since experienced another minor increase after a pullback to the $2.50 demand level. The price is currently trading at $3.20. By examining the behavior of candles in the long-term time...
Hello everyone, first of all, please take a look at my recent ideas on the pair (CAKE/USDT) from back in FEB 5th: & March 7th: NOW, I can imagine two HIGH PROBABILITY scenarios with different timings yet exactly the same target for the near term future of (CAKE/USDT) both of which are drawn as paths on the chart. Scenario A: RED PATH / lower probability...
PancakeSwap, the decentralized exchange (DEX) synonymous with the Binance Smart Chain (BSC) ecosystem, has ignited a flurry of excitement in the cryptocurrency community with its recent strategic maneuvers. As the platform burns over 8.7 million NASDAQ:CAKE tokens worth a staggering $35 million, investors eagerly anticipate the implications for both PancakeSwap...
💎Paradisers, let's dive into #CAKEUSDT as it's positioning itself for a bullish rebound off its support zone, indicating a potential upward shift. 💎With #PancakeSwap moving within an ascending channel pattern, it's approaching a critical moment at the $2.54 support level. The observed reduction in volume at this juncture suggests a continuation of the bullish...
Hi guys In the medium term, if the resistance range of $6.34 is completely consumed, the possibility of continuing the upward trend and seeing higher areas will be strengthened. In the weekly RSI time frame, it is in the saturated range. After the specified resistance range is consumed, we can check the entry points more carefully. What do you think?
Hello fellow traders and investors, from a Dollar of NASDAQ:CAKE price rise to 3$, Not explaining too much, this is only my POV on charts, we might test first 12$. I will update once price goes there, Trade it or Buy it. This is not a financial advice, Follow for more. We are not in bearish. but the index still high on crypto, around 70+ So either you...
It's a Cycle 2 coin with a Cycle 2 narrative #DEFI So don't expect new high's Still ... money can be made in Defi, DEX's . Yield ... It's just not that sexy . Is what it is friends, we can't fight the Market. May be we get a right shoulder fill out and then breakout for these linear and log targets. Best of Luck (Higher price more risk now ofc)
This is an update to the analysis you see in the "Related Ideas" section The diametric that we considered for CAKE in the previous analysis is running. We are looking for buy/long positions on the green range. The targets are clear on the chart Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget...
Cake is the yield farming incentive token and major LP pair on Pancakeswap And was a major winner in the last cycle People were buying Rolex's off cake rewards from pools alone! So it's bear market is clearly over. And the chart appears a #DEFI season is upon us. Current price action suggests a Bull flag. Entry points matter - but bull markets correct...
The CAKEUSDT pair came out of 178 days of long accumulation in the zone of 1.04$ to 1.6$. it finished its first wave of price surge and getting the healthy retracement which has gone deeper into the fib levels. Thus, creating a very healthy low risk and high reward setup. on daily there is a small bearish divergence that is being played right now and soon it...
CAKE bounced down off the resistance level and the descending trendline. A decline to support level at $2.69 is expected to happen
This symbol has a structure that can pull back upwards. We have an ascending CH on the chart and the TL (trend line) is broken. I marked the TPs on the chart. When the price reaches tp 1, place the stop on the entry. If CAKE reaches the white FVG range, we will look for buy/long trades. Do not enter the position without setting stop and capital management. For...
PancakeSwap's Fiery Transformation In a surprising turn of events, PancakeSwap, one of the leading decentralized finance (DeFi) platforms on the Binance Smart Chain (BSC), has just executed a massive token burn, incinerating a staggering 8,740,957 NASDAQ:CAKE tokens, equivalent to a jaw-dropping $25 million. This unprecedented move has left the crypto community...
❤️❤️Thanks for boosting 🚀 and supporting us! 📊 (Entry) : 3.663 🔴 Stop Loss : 3.847 🎯 Take Profit : 3.452-3.284 🔗 For more communication with us, In the footnote and send a message in TradingView. 👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
Hello guys, There is a R/R=2 long position on CAKE If btc 45K and cake break red supply zone, this is a safe long
Logarithm. Time frame 1 week. Major trend. Combined education and potential trade in ideas. Pivot zones from key liquidity zones. The main idea and meaning of this idea is to show the logic of working with reversal zones from key resistance support levels, which will determine the further development of the trend. I have shown all possible scenarios of...
PancakeSwap's CAKE token jumped by 4% following the proposal, which would see its maximum supply reduced from 750 million to 450 million. NASDAQ:CAKE , the native token of decentralized exchange (DEX) PancakeSwap, is up by almost 7%, following a proposal to reduce its maximum token supply. According to data from CoinGecko, PancakeSwap's NASDAQ:CAKE is...