Dear traders,
Intro: My name is Hugo, I am 25 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only.
PancakeSwap (CAKE) is a decentralized exchange built on the Binance Smart Chain (BSC). Since 2021, the platform was the largest automated market maker (AMM) on the BSC network, with over $3.76 billion USD in staked assets. The popular DEX facilitates token exchanges, staking, and yield farming.
Besides the fact that PancakeSwap is a huge player in the DEFI scene, the charts looks amazing as well imo. I am buying when it breaks the green line to the upside and retests (swing failure // S/R flip).
Target is in the chart.
Goodluck,
Doctor Hugo
Intro: My name is Hugo, I am 25 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only.
PancakeSwap (CAKE) is a decentralized exchange built on the Binance Smart Chain (BSC). Since 2021, the platform was the largest automated market maker (AMM) on the BSC network, with over $3.76 billion USD in staked assets. The popular DEX facilitates token exchanges, staking, and yield farming.
Besides the fact that PancakeSwap is a huge player in the DEFI scene, the charts looks amazing as well imo. I am buying when it breaks the green line to the upside and retests (swing failure // S/R flip).
Target is in the chart.
Goodluck,
Doctor Hugo
Trade active:
Still no break of the trend line. I will wait for it to break and retest first
Comment:
Trend line currently breaking to the upside. Time to pay close attention
Comment:
Rejected. Just like the ETH fractal.
The chart is now printing a bottom formation.
More strength to the upside here and I'm going in.
Goodluck lads.
The chart is now printing a bottom formation.
More strength to the upside here and I'm going in.
Goodluck lads.
Comment:
Definitely seeing some signs of strength here. We go in once I see a clear break of 11$ +/-