📈LONG: #CAKEUSDT | $CAKE by DEXWireNews (1D)
New: CAKE, the native token of decentralized exchange PancakeSwap, has soared by 7% following a proposed maximum supply reduction from 750 million to 450 million. Data from CoinGecko shows the token is currently trading at an all-time high.
PancakeSwap's community:
@PancakeSwap
New: CAKE, the native token of decentralized exchange PancakeSwap, has soared by 7% following a proposed maximum supply reduction from 750 million to 450 million. Data from CoinGecko shows the token is currently trading at an all-time high.
PancakeSwap's community:
@PancakeSwap
📈LONG: #CAKEUSDT | $CAKE by evasivesteering (1D)
Current Price $3.51
Market Cap $854.90M
Change 1h +1.17% | 24h +1.54%
This trading idea outlines a setup in a chart with target prices (blue lines) and stop losses (below the red line). Its based on the news of CAKE's burn to reduce supply forming a potential upside momentum. Risk is controlled by the trader. Not financial advice.
PancakeSwap's community:
@PancakeSwap
Current Price $3.51
Market Cap $854.90M
Change 1h +1.17% | 24h +1.54%
This trading idea outlines a setup in a chart with target prices (blue lines) and stop losses (below the red line). Its based on the news of CAKE's burn to reduce supply forming a potential upside momentum. Risk is controlled by the trader. Not financial advice.
PancakeSwap's community:
@PancakeSwap
📈LONG: #CAKEUSDT | $CAKE by MarsSignals (1D)
Current Price $3.03
Market Cap $738.90M
Change 1h -0.17% | 24h +9.26%
"According to market data, CAKE is trading at $3.015 against USDT. The RSI is 56.74, indicating a slight bullish sentiment. MACD at 0.025 suggests a bullish trend, but watch out for price changes."
PancakeSwap's community:
@PancakeSwap
Current Price $3.03
Market Cap $738.90M
Change 1h -0.17% | 24h +9.26%
"According to market data, CAKE is trading at $3.015 against USDT. The RSI is 56.74, indicating a slight bullish sentiment. MACD at 0.025 suggests a bullish trend, but watch out for price changes."
PancakeSwap's community:
@PancakeSwap
📉SHORT: #CAKEUSDT | $CAKE by Cryptobees_buzz (4H)
Current Price $2.98
Market Cap $733.68M
Change 1h -0.35% | 24h -1.30%
CAKE may drop to $2.69 support from resistance and trendline break. Watch for a potential bearish move.
PancakeSwap's community:
@PancakeSwap
Current Price $2.98
Market Cap $733.68M
Change 1h -0.35% | 24h -1.30%
CAKE may drop to $2.69 support from resistance and trendline break. Watch for a potential bearish move.
PancakeSwap's community:
@PancakeSwap
📊NEUTRAL: #CAKEUSDT | $CAKE by Nyskohuz (1W)
Current Price $2.67
Market Cap $625.97M
Change 1h -1.21% | 24h -4.35%
The native token Cake on PancakeSwap maintains a stable downward trend. Its ideal for swaps and tasks within the exchange ecosystem. Trade with caution.
PancakeSwap's community: @PancakeSwap
Current Price $2.67
Market Cap $625.97M
Change 1h -1.21% | 24h -4.35%
The native token Cake on PancakeSwap maintains a stable downward trend. Its ideal for swaps and tasks within the exchange ecosystem. Trade with caution.
PancakeSwap's community: @PancakeSwap
📈LONG: #CAKEUSDT | $CAKE by Bullish_Traders (4H)
Current Price $3.17
Market Cap $746.82M
Change 1h +1.10% | 24h +3.84%
We have reached the completion of a perfect corrective move, with a bull flag formed on the chart. Anticipating a 3.7$ breakout of the trend line soon.
PancakeSwap's community: @PancakeSwap
Current Price $3.17
Market Cap $746.82M
Change 1h +1.10% | 24h +3.84%
We have reached the completion of a perfect corrective move, with a bull flag formed on the chart. Anticipating a 3.7$ breakout of the trend line soon.
PancakeSwap's community: @PancakeSwap
📈LONG: #CAKEUSDT | $CAKE by MyCryptoParadise_Simon (1D)
Current Price $3.96
Market Cap $969.76M
Change 1h -0.25% | 24h -7.48%
Were keeping a close eye on #CAKEUSDT as it looks to rebound from its support zone, signaling a potential upward trend. #PancakeSwap is also approaching a key moment at the $2.54 level within an ascending channel pattern.
PancakeSwap's community: @PancakeSwap
Current Price $3.96
Market Cap $969.76M
Change 1h -0.25% | 24h -7.48%
Were keeping a close eye on #CAKEUSDT as it looks to rebound from its support zone, signaling a potential upward trend. #PancakeSwap is also approaching a key moment at the $2.54 level within an ascending channel pattern.
PancakeSwap's community: @PancakeSwap
📉SHORT: #CAKEUSDT | $CAKE by Cryptobees_buzz (4H)
Current Price $3.92
Market Cap $963.08M
Change 1h -0.48% | 24h -0.44%
CAKE has broken through the support level and the asset has also breached the ascending trendline. We anticipate a bearish movement toward the potential support level at 2.9. #financialanalysis #bearishpressure #investingstrategy
PancakeSwap's community: @PancakeSwap
Current Price $3.92
Market Cap $963.08M
Change 1h -0.48% | 24h -0.44%
CAKE has broken through the support level and the asset has also breached the ascending trendline. We anticipate a bearish movement toward the potential support level at 2.9. #financialanalysis #bearishpressure #investingstrategy
PancakeSwap's community: @PancakeSwap
📈LONG: #CAKEUSDT | $CAKE by TraderAAG (4H)
Current Price $3.73
Market Cap $924.37M
Change 1h +0.40% | 24h -2.71%
Our team expects $CAKE to hold 4-Hour TF support at $3.68. Possible sweep below PDL then bounce, or sweep Previous Low then bounce. Resistance at PWH $4.653.
PancakeSwap's community: @PancakeSwap
Current Price $3.73
Market Cap $924.37M
Change 1h +0.40% | 24h -2.71%
Our team expects $CAKE to hold 4-Hour TF support at $3.68. Possible sweep below PDL then bounce, or sweep Previous Low then bounce. Resistance at PWH $4.653.
PancakeSwap's community: @PancakeSwap
📉SHORT: #CAKEUSDT | $CAKE by SwallowPremium (1D)
Current Price $3.64
Market Cap $919.01M
Change 1h -1.88% | 24h -2.45%
We previously overlooked Pancake Swap Coin, but now we see a high likelihood of reaching the 100 EMA in the daily timeframe. This would also break the triangle formation. Looking to trade below the 100 EMA if we hit the zone. -Swallow Team
PancakeSwap's community: @PancakeSwap
Current Price $3.64
Market Cap $919.01M
Change 1h -1.88% | 24h -2.45%
We previously overlooked Pancake Swap Coin, but now we see a high likelihood of reaching the 100 EMA in the daily timeframe. This would also break the triangle formation. Looking to trade below the 100 EMA if we hit the zone. -Swallow Team
PancakeSwap's community: @PancakeSwap
📊NEUTRAL: #CAKEUSDT | $CAKE by Yaroslav_Krasko (1W)
Current Price $2.68
Market Cap $698.11M
Change 1h +1.03% | 24h +2.77%
Through our analysis of the CAKE token, we have identified a pattern of trendline support levels being formed and broken, indicating potential reversals. The question remains: will CAKE continue its downward trend or finally break out in a bullish move? Stay tuned for our insights on Repeating Patterns or a Bullish Reversal.
PancakeSwap's community: @PancakeSwap
Current Price $2.68
Market Cap $698.11M
Change 1h +1.03% | 24h +2.77%
Through our analysis of the CAKE token, we have identified a pattern of trendline support levels being formed and broken, indicating potential reversals. The question remains: will CAKE continue its downward trend or finally break out in a bullish move? Stay tuned for our insights on Repeating Patterns or a Bullish Reversal.
PancakeSwap's community: @PancakeSwap
📈LONG: #CAKEUSDT | $CAKE by alikze (1W)
Current Price $2.69
Market Cap $704.31M
Change 1h +0.48% | 24h +2.36%
Alikze »» CAKE | Dynamic trigger failure & pullback completion in time 1W. After zigzag correction, rise to targets on chart by breaking dynamic trigger. Pullback to important neck line resistance #fast due to current motivational wave. 1st supply zone: 4.8-5. We expect a strong uptrend.
PancakeSwap's community: @PancakeSwap
Current Price $2.69
Market Cap $704.31M
Change 1h +0.48% | 24h +2.36%
Alikze »» CAKE | Dynamic trigger failure & pullback completion in time 1W. After zigzag correction, rise to targets on chart by breaking dynamic trigger. Pullback to important neck line resistance #fast due to current motivational wave. 1st supply zone: 4.8-5. We expect a strong uptrend.
PancakeSwap's community: @PancakeSwap
📈LONG: #CAKEUSDT | $CAKE by vf_investment (3D)
Current Price $2.65
Market Cap $694.69M
Change 1h +0.49% | 24h +1.25%
RSI: 40 - Neutral 🟠
CAKE looks cheap here as PancakeSwap, a leading decentralized exchange, sees a clear range for its tokens price during the Bear Market. Were seeing an exit from the bottom, but weve confidently re-entered and identified upper and lower limits.
PancakeSwap's community: @PancakeSwap
Current Price $2.65
Market Cap $694.69M
Change 1h +0.49% | 24h +1.25%
RSI: 40 - Neutral 🟠
CAKE looks cheap here as PancakeSwap, a leading decentralized exchange, sees a clear range for its tokens price during the Bear Market. Were seeing an exit from the bottom, but weve confidently re-entered and identified upper and lower limits.
PancakeSwap's community: @PancakeSwap
📈LONG: #CAKEUSDT | $CAKE by srocedtrading (12H)
Current Price $2.69
Market Cap $705.76M
Change 1h -0.28% | 24h +3.43%
RSI: 55 - Neutral 🟠
We see a potential long trade with #CAKE/USDT on Binance. We recommend a 1x leverage and entering at $2.692. Take profits at $2.777, $3.036, and $3.437 with a stop loss at $2.379. This is our prediction, please use a stop loss and remember we are not financial advisors. Trade at your own risk. #Binance #CAKEUSDT #technicalanalysis.
PancakeSwap's community: @PancakeSwap
Current Price $2.69
Market Cap $705.76M
Change 1h -0.28% | 24h +3.43%
RSI: 55 - Neutral 🟠
We see a potential long trade with #CAKE/USDT on Binance. We recommend a 1x leverage and entering at $2.692. Take profits at $2.777, $3.036, and $3.437 with a stop loss at $2.379. This is our prediction, please use a stop loss and remember we are not financial advisors. Trade at your own risk. #Binance #CAKEUSDT #technicalanalysis.
PancakeSwap's community: @PancakeSwap
📊NEUTRAL: #CAKEUSDT | $CAKE by MonoCoinSignal (4H)
Current Price $2.99
Market Cap $786.79M
Change 1h +0.91% | 24h +0.92%
Indicators:
• RSI: 58 - Neutral 🟠
• MACD: 0.01 - Bullish 🟢
• ATR: 0.04 - Low Volatility 🟢
• EMA: 2.93 - Above 🟢
Analysis:
Title: Price action analysis for informed trading decisions
On a 4H timeframe, we have identified support and resistance levels in the price range. Once price reaches these levels, confirmation from the observed price action in either direction allows us to make informed trading decisions. Our approach is focused on price reaction at critical levels.
PancakeSwap's community: @PancakeSwap
Current Price $2.99
Market Cap $786.79M
Change 1h +0.91% | 24h +0.92%
Indicators:
• RSI: 58 - Neutral 🟠
• MACD: 0.01 - Bullish 🟢
• ATR: 0.04 - Low Volatility 🟢
• EMA: 2.93 - Above 🟢
Analysis:
Title: Price action analysis for informed trading decisions
On a 4H timeframe, we have identified support and resistance levels in the price range. Once price reaches these levels, confirmation from the observed price action in either direction allows us to make informed trading decisions. Our approach is focused on price reaction at critical levels.
PancakeSwap's community: @PancakeSwap
📊NEUTRAL: $CAKE by Bithereum_io (1D)
#CAKEUSDT | #CAKE | #crypto
Current Price $2.86
Market Cap $759.50M
Change 1h +0.60% | 24h +7.31%
Daily Indicators:
• RSI: 52 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 2.80 - Above 🟢
CAKEUSDT Analysis
CAKEUSDT 1D is on the rise, attempting to break out of a falling wedge pattern. Watch for resistance at the $3.00 level; if surpassed, next targets are $3.490, $3.825, $4.160, $4.574, and $5.243. We are bullish on this trade.
💹📈🚀
PancakeSwap's community: @PancakeSwap
#CAKEUSDT | #CAKE | #crypto
Current Price $2.86
Market Cap $759.50M
Change 1h +0.60% | 24h +7.31%
Daily Indicators:
• RSI: 52 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 2.80 - Above 🟢
CAKEUSDT Analysis
CAKEUSDT 1D is on the rise, attempting to break out of a falling wedge pattern. Watch for resistance at the $3.00 level; if surpassed, next targets are $3.490, $3.825, $4.160, $4.574, and $5.243. We are bullish on this trade.
💹📈🚀
PancakeSwap's community: @PancakeSwap
📈LONG: $CAKE by MyCryptoParadise (1D)
#CAKEUSDT | #CAKE | #PancakeSwap
Current Price $2.52
Market Cap $673.91M
Change 1h -0.12% | 24h +0.88%
Daily Indicators:
• RSI: 41 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 2.74 - Below 🔴
Analysis:
CAKEUSDT is showing promising signs with a symmetrical triangle pattern and a bullish double bottom formation at a crucial support zone. Keep an eye on the crucial $2.29 level, as it could spark a substantial price surge. The demand zone around $1.916 offers strong support for the price action.
Price Targets:
Should the breakout happen, initial targets could be around $3.50, followed by resistance levels at $4.00 and $4.40. On the downside, a close below $1.916 could invalidate the bullish setup and push prices lower. Stay tuned for potential major moves!
PancakeSwap's community: @PancakeSwap
#CAKEUSDT | #CAKE | #PancakeSwap
Current Price $2.52
Market Cap $673.91M
Change 1h -0.12% | 24h +0.88%
Daily Indicators:
• RSI: 41 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 2.74 - Below 🔴
Analysis:
CAKEUSDT is showing promising signs with a symmetrical triangle pattern and a bullish double bottom formation at a crucial support zone. Keep an eye on the crucial $2.29 level, as it could spark a substantial price surge. The demand zone around $1.916 offers strong support for the price action.
Price Targets:
Should the breakout happen, initial targets could be around $3.50, followed by resistance levels at $4.00 and $4.40. On the downside, a close below $1.916 could invalidate the bullish setup and push prices lower. Stay tuned for potential major moves!
PancakeSwap's community: @PancakeSwap
📊NEUTRAL: $CAKE by MonoCoinSignal (1D)
#CAKEUSDT | #CAKE | #PancakeSwap
Current Price $2.28
Market Cap $603.81M
Change 1h +0.78% | 24h -0.40%
Daily Indicators:
• RSI: 35 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 2.61 - Below 🔴
Analysis:
The price has broken through a significant support at around $2.364 and is currently retesting this area. This pivotal retest will determine whether the price will reverse or continue to decline. A close below this level could signal the potential for further downside movement.
Price Targets:
If the price can reclaim and hold above $2.364, it might aim for a recovery towards $2.800. However, if it fails to reclaim this level, the next major support area is around $1.800. Keep an eye on these levels to gauge the market's direction!
PancakeSwap's community: @PancakeSwap
#CAKEUSDT | #CAKE | #PancakeSwap
Current Price $2.28
Market Cap $603.81M
Change 1h +0.78% | 24h -0.40%
Daily Indicators:
• RSI: 35 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 2.61 - Below 🔴
Analysis:
The price has broken through a significant support at around $2.364 and is currently retesting this area. This pivotal retest will determine whether the price will reverse or continue to decline. A close below this level could signal the potential for further downside movement.
Price Targets:
If the price can reclaim and hold above $2.364, it might aim for a recovery towards $2.800. However, if it fails to reclaim this level, the next major support area is around $1.800. Keep an eye on these levels to gauge the market's direction!
PancakeSwap's community: @PancakeSwap