A scenario can be that #cake is going to break the big descending triangle, based on what #btc will do then it will break up soon
Fun chart, looking for one more leg down, may be completing something, so watching this count. Check out some of my other stuff and give a like and follow if helpful. Cheers!
Based on technical factors Bullish Flag there is a long position in : 📊 CAKEUSDT 🔵 Long Now 0.00 🧯 Stop loss 4.320 🏹 Target 1 4.880 🏹 Target 2 5.110 🏹 Target 3 5.500 💸Capital : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
After couple of weeks, finally CAKE break the pattern... Let's watch the rally🚀🌕 What's your opinion? Share your analysis with me🤝✍️
The fall has be deadly for cryptocurrency generally. PANCAKESWAP is sitting on $6.9. Is this fall going to continue? Or will the Bull save the fall from continuing? Please share your Idea, thoughts and comments. KINDLY: LIKE AND FOLLOW.
CAKE broke trough the ascending trendline. Asset broke trough the support area. Bearish movement to support level at 5.3 is possible.
Pancake swap on BSC gonna fly DEFI due for a run and the apy in defi the only place to go w reduced staking rewards and returns in some of these more common avenues. GL not financial advice this may still see downside in June out of mid may as i assume all markets will, but the upside is here i also really like the look of WAGYU swap and a variety of defi as a...
Greetings, Price has been in a downtrend since May 2021, but nevertheless there have been 2 times a bounce from local lows of 100%, the last time in March from a price around $5. After that, a test of the past support zone, around $10, which has now become a resistance zone. Possible entry points to go long: On a breakdown of the downtrend, or look for an entry...
With this new fixedterm staking till now PS semi-burned about ~74 Million cake tokens ! And also Pancakeswap is going to redesign tokenomics of CAKE token so they can burn even more tokens weekly ! Then what do you think !? ^_- And if we talk technically as you can see price is in uptrend channel and after this panic sell off it is now going to create a reversal...
This how I see the Pancakeswap chart. I think that the current area is really essential and needs some reverse from 7.15, then rush to the main trendline again. My risk free level is around 9.30$
At the request of a subscriber. Breaking through the downtrend on high volumes, it is advisable to bury the day above the current values, the price has not yet corrected the fall, so there is an increased probability of going down to 0.5 fibonacci. The option of working out this scenario is higher if there is a retest after the beating, after the retest, you can...
It looks like formed bullish pattern so for that we will certain the price should cross above 9.9$ level and can remain above it after that i expecting us to reach 12.5$. Before that probably we will see brief correction
PANCAKE, where do we go from here? My view has been highlighted on my chart. Share your thought on this asset. KINDLY like, comment and follow.
Just found These Pivots by MACD Indicator ! I think this is happening to CAKEUSDT!
if the confluence of the resistance around $10 and the downtrend resistance line is broken, we can set a nice order targeting a HUGE 25% circa profit, entering around 10.6 and targeting 13 ONLY BUY IF A 1D CANDLE CLOSES ABOVE THE RESISTANCES let me know if you enjoyed this analysis and feel free to ask for other pairs to analyze in the comments or feel free to...
**CAKE/USDT** Possible trend reversal underway, following falling wedge breakout with large volume Ideal entries now would be around $7 After that we would be looking for price to move past $10 - $12 Short term targets > +30% Mid term targets > +60% Long term targets > +140% Use small % capital we'd use 2-3% max
PancakeSwap is bouncing off the support area which is also matching with the Fibonacci 0.382 retracement level. Bullish trend is expected to continue up to 11.0.
CAKE/USDT Entry Range: $7.30 - 8.80 Price Target 1: $10.90 Price Target 2: $13.50 Price Target 3: $16.80 Stop Loss: $6.60 Previews chart