👋 Welcome back to your favorite channel, D reamAnalysis! Today, we're going to analyze one of the key utility coins in the crypto space, PancakeSwap (CAKE), and explore its future potential.
🌐 What is PancakeSwap (CAKE)? PancakeSwap is a decentralized exchange (DEX) built on Binance Smart Chain (BSC). It allows users to swap BEP-20 tokens using the Automated...
💥CAKEUSDT PancakeSwap 1W-TIMEFRAME ANALYSIS
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This is my new idea for 💥CAKE PancakeSwap
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Analysisfor CAKE/USDT
Author: ahmadarz
In this analysis, we are reviewing the CAKE/USDT pair. According to the provided chart, the price is at the lower support area of the trading range, and the entry point is specified.
Key Points:
- Entry Point: 1.943
- Target Prices (TP):
- TP-1: 1.966
- TP-2: 1.989
- TP-3: 2.014
- TP-4: 2.042
- TP-5: 2.087
- Stop...
From where we placed the red arrow on the chart, it seems that the CAKE correction has started and wave A has ended and we have entered wave B.
Wave B is a zigzag diamond pattern.
We are looking for sell/short positions in the red range.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop...
hello dear trader and investors
this price action for cake with usdt pair and now cake in the QM bulish pattern after bitcoin retest supourt zone pancake collected liQ on the supourt zone
and fundamentally:
A multichain DEX PancakeSwap has recently announced a token burn event. As per the platform, the respective episode takes into account the burning of up to...
Dexs will be a top narrative amid bullrun and one of my top picks will be the cake , my tp for the altseason be around 22$ which is close to 1k profit .
Green rectangle will be super buy .
Dyor
Pancakeswap was originally built on the BNB Chain and allows users to trade tokens without using a centralized exchange. It provides an array of products, such as:
An exchange to swap tokens
A yield farm to earn rewards
Syrup pools to stake CAKE tokens
Ethereum liquid staking (wBETH) and simple staking
Pancake Protectors game
v3 position manager (new feature)
A...
The price has broken through a significant support area around $2.364 and is currently testing it again. This retest is crucial as it will determine whether the support level can be reclaimed or if the price will continue to decline. If the price fails to reclaim this level and closes below it, we may see a move towards the next support area.
Yello, Paradisers! Do you see the potential for a massive breakout in #CAKEUSDT? We have some exciting information that could be vital for the #CAKE movement in the next few days
💎#CAKEUSDT has consistently followed a symmetrical triangle pattern, and right now, we're seeing a bullish double bottom pattern forming at the crucial support zone around $2.29. If the...
CAKE Analysis and Signal on 4H
🔵Entry Zone 2.869 - 2.822
🔴SL 2.694
🟢TP1 3.088
🟢TP2 3.318
🟢TP3 3.509
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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We have a bullish structure on the chart and also a head and shoulders can be seen at the bottom. By maintaining the demand range, it can move towards the supply side.
The targets are clear on the chart.
Closing a 4-hour candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without...
Hi
#CAKE has broken out of the symmetrical triangle with high volume and has also surpassed the horizontal resistance. An upward move is anticipated as long as it continues to trade above the horizontal support,
buy zone : 2.90 to 3.15
targets:
3.30-3.46-3.60
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On a 4-hour timeframe, the support and resistance levels of the price range have been identified. When the price reaches either of these specified levels, we can focus on the price reaction after receiving confirmation from either direction. This approach allows us to make informed trading decisions based on the observed price action at these critical levels.
