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CAKEUSDT Hello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for CAKEUSDT Based on previous analysis on September 18, we expected a rising trend to happen and now our prediction came true. There is R1 as a resistance area that includes the disability of the price to rise. And S1 and S2 are our support areas which express the well support of price at some points. At the moment, we have the fluctuation of price below R1 and we expect the rise will happen toward the mentioned area and then we must receive some falling signs to activate our short position and a decline is predicted for the price. If the price moves above R1, more rise is waiting for that. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck

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Trading Signal For CAKEUSDT Trading Setup: A Trading Signal is seen in the CAKEUSDT PancakeSwap ( Futures ) Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 4.785 ⭕️SL @ 4.981 🔵TP1 @ 4.278 🔵TP2 @ 3.821 🔵TP3 @ 2.853 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI , Moving Average , Ichimoku , Bollinger Bands If you liked our ideas, please support us with your likes 👍 and comments.

CAKEUSD ❕ overbought Price and volume trading formed a bearish divergence (4H TF) TD Sequential has formed a downward reversal signal (30m TF) I believe that CAKE may correct before the continuation of the movement, if the price consolidates under the support level .

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CAKEUSDT Hello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for CAKEUSDT Here we have R2 and R1 as the resistance areas that express the unsuccessful triumphs of the price in order to rise. And S1 and S2 are our support areas which include the support of the price since the past. Thus, we have the price fluctuating below R1 area and we believe it will have a decline to S1. At this area, we must wait for some signs in order to have a precise analysis. If the price gives us some confirmation candles to rise, an increase will be predicted to happen for it to R1. But in case we receive some falling signs, a decline is waiting for it toward S2 (this is not so probable at the moment). Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck

CAKEUSDT is testing the daily support The price printed a double top on the daily resistance around 4.5$ where the price got rejections. Now the price is inside an ascending channel and it's testing the daily support on 4$ area. How to approach it? IF the price is going to lose the support and the ascending channel , According to Plancton's strategy, we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐

PancakeSwap Bull Market Can Return if it Breaks This Logarithmic PancakeSwap (CAKE) may not see a new bull market until it clears its weekly logarithmic trendline. At the same time, cycle-wise, the cryptocurrency seems to have completed an Elliott Wave flat structure that suggests that we're about to bottom. CAKE Logarithmic Trendline The downward sloping logarithmic trendline connects all the major swing highs, starting with the 2021 all-time high of $44.27. The logarithmic trendline also aligns with the 200-day simple moving average , which gives it more weight. In this regard, a breakout can lead to a shift in the trend direction. CAKE Elliott Wave Cycle CAKE’s price is currently trading near its historically lowest level, but based on the Elliott Wave analysis, CAKE's long-term price structure mimics a flat pattern. Flats are corrective patterns in nature with an internal 3-3-5 wave structure. The first wave ended at the $44.27 all-time high, followed by another 3 wave price structure in wave B, which ended at the $9.44 low. The cryptocurrency then resumed lower in wave C, subdividing into another 5 wave price structure. In the short term, the current low of $2.48 remains intact; the correction can be called completed. Following this EW cycle, the cryptocurrency may be in the process of bottoming out. However, the next bull run will be confirmed once the CAKE price clears the logarithmic trendline. Another sign of a shift in the market can be signaled by a breakout above the 50 mid-level of the weekly RSI oscillator. Once the logarithmic trendline is cleared, there is not much resistance underway until the $10 psychological level.

CAKE/USDT Buy ✅ What Is PancakeSwap (CAKE)? PancakeSwap is an automated market maker ( AMM ) — a decentralized finance (DeFi) application that allows users to exchange tokens, providing liquidity via farming and earning fees in return. To learn more about this project, check out our deep dive of Pancakeswap. It launched in September 2020 and is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker model where users trade against a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return. These tokens can later be used to reclaim their share of the pool, as well as a portion of the trading fees. These LP tokens are known as FLIP. PancakeSwap also allows users to farm additional tokens such as CAKE and SYRUP. On the farm, users can deposit LP tokens and get rewarded with CAKE. PancakeSwap allows users to trade BEP20 tokens, provide liquidity to the exchange and earn fees, stake LP tokens to earn CAKE, stake CAKE to earn more CAKE and stake CAKE to earn tokens of other projects.