$CAKE as reference. (refreshing some charts drawings) Looking for the next buy signal to hit, breaking above 50k sats seems key from here..
LOOKING AT CAKE This is not a piece of financial advice. Boxes are major price action probability. it may be a top-up level, partial close, exit or entry-level. Run Fibs at different time frames for confluences and watch out for market dynamics as it unfolds its path.
If CAKE/BTC can break this downtrend, cake can rise up again.
Hey Guys I make a simple cake chart in which you guys can see 2 patterns. If these patterns break we can make a lot of money from cake coin we can easily expect a new ATH of 0.000054 BTC But keep in mind the market is volatile so if these candles break down the patterns then we can expect the Cake to go down to 8$ to 5$. If you have any idea about this...
Possible scenario is shown on the chart, UNLESS there's another Elon/China/Tether... etc fud incoming to the market. I have personally bought some & staking on Trust Wallet right now until it reaches the target.
It looks like is getting close to a big support. I’ll buy more in that point. What do you think?
DISCLAIMER: This is not financial advice. Just an idea. Let me know what you guys train of thoughts are. I would call bullish.
CAKEBTC is testing 0.618 Fibonacci level inside a descending channel. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow...
Hello to you all. Mars Signals team wishes you high profits at all times. If the line breaks and stabilizes above it, we can enter into a deal for the above purposes Warning: This is just a suggestion to you and we do not guarantee profits. Wish you luck!
NOTE THAT THIS IS $BTC PAIR This is not a piece of Financial advice, I am looking at an entry point for $CAKE within the price range that I am comfortable with, that I think the bulls will be interested in.
#CAKE/BTC TA Update:- #CAKE currently trading at 6200 satoshi I am waiting for the break-out Upward side. Waiting Resistance line break out. After we can see skyrocket. So I am accumulating some #CAKE here and waiting for dip also. Entry:- 6200-5600 Satoshi Targets:- 7238/7983/9000/9877 Stop Loss:- Will Update Support: 5900/5600 Resistance:-...
Cake has been forming a falling wedge since its last all time high versus bitcoin. Although I expect an earlier breakout, I showed the most conservative target on the chart, took the initial point of the breakout from the lowest point of the wedge. Having an RSI divergence strengthens the bullish chart. Cake looks strong, both fundamentally and technically....
RSI momentum bullish divergence. Price = LL RSI = HL CAKE has hit the pre-marked 4H demand zone that preceded the rise beyond its ATH. Bounce coming.
Bull Flags (Shorter Term) Currently on CAKE:BTC we have a Chart Pattern called a Bull Flag forming. Which I have explained below & in the above chart. • BEST ENTRY IS often when price fakes out under support or above resistance • MIN 2 Touches each side • PRICE MUST MOVE STRAIGHT UP or DOWN BEFOREHAND (or it is not a true flag pattern • HIGHEST SUCCESS RATE of...
Bullflag pattern forming, awaiting breakout and spike in volume for confirmation
Stochastic RSI is very low; a falling wedge is about to break out. With a tight stop-loss, this is a good opportunity. I believe the uptrend could resume now.