AS WE SEE IN CHART AFTER 2ND BREAK OUT OF LONG TERM RISING CHANNEL IT SEEMS WANNA GET BACK IN THE PREVIOUS CHANNEL(BLUE CHANNEL)
SO IF IT IS BREAK THE LINE UPWARD WE WILL SEE 60-70$ BUT IF ITS GO FOR DOWNWARD SCENARIO WE WILL SEE 8$
ALL SCENARIOS DEPENDS ON BTC MOVEMENT( I ASSUMED THIS IS THE BULLISH TERM AND I BOUGHT@15.8)
DONT FORGET TO SET STOPLOSS BECAUSE OF...
Hello there!👋 Thank you for stopping by today, let's get right to it 🌍👇😄🎉
Technical Overview : 🔍📈
Technically, CAKE🍰 (PancakeSwap token,) IMO, was forming what looks to be some sort of bear-ish structure/harmonic.🐻👁🗨
Price decided against this pattern and we are now seeing some possible bull-ish activity🥳🐮, which leads me to believe we can hit our bull...
Here's Pancake swap idea.
What is Pancake swap?
Pancake Swap is the leading decentralized exchange on Binance Smart Chain, with the highest trading volumes in the market.
Market Cap Rank #46
All-Time High $43.96
All-Time Low $0.194441
Next Move expected with another Bull run.
My Entry Targeted Price is $9.1 with TP @$68 to $70.
Stop loss $5
Watching Pancake as a...
📈 CAKE/USDT| Potential Upward Movement
💡 Buy Limit Order @ 17.78
🎯 Target Profit 20.11
🛑 Stop Loss 16.62
❌ Do not risk more than 1% of your account on each trade
The price succeeded to reverse and change direction from a downtrend to an upward one after leaving a head and shoulders around the daily support. We expect a lower correction to...
CAKE/USDT Potential Bull Flag ( Daily log chart). My profit Target is $50.
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment...
Like all other alt coins, $Cake seems to be on the breakout and it has formed the inverse head & shoulders pattern. Just a simple neckline shows us it will be retracing back to $33 zone where it held strong before the "manipulation" happened. It has also broken above the EMA ribbon which is another bullish sign.
(based on 4 hour chart)
You may put in a long ...
Simply put, price needs a push through $20 if we want the move to continue. The correction from highs was steep enough for me to think this new range base can round out and give nice support for a move a move back into the 20s/30s.
The price is trapped inside the 20 and 50 averages, this zone must be broken to confirm the trend (bullish or bearish).
Basically we continue with the same idea presented previously.
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total...
PanCAKEswap has been seeing some explosive growth. Here's me back at $16 with a ton sitting in a syrup pool wishing I just had of...
haha, isn't the crypto life just full of near hits and misses?
If you missed out on the CAKE party, here's some ways to get a seat at the birthday table. Its a classic case of the FIB support play. If we come down further, have a...