CAKE is one of the cleanest and easiest charts to read. We have a simple ABC correction and we completed the C wave recently.
We are now in bullish territory and looking for any opportunities to go long. We have a nice correction forming now and all we need to do is wait for a breakout and enter.
Trade Idea:
- Watch for breakout of the descending trendline
-...
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...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (6.33).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CAKEUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (6.33).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CAKEUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
So it seems $CAKE has woken, finally, a bit.
Well I´m falling short: The Pancake Swap token has seen a horrible $5 figure lately (all time low!) and being back in a $9ish track is no small thing for holders/stakers.
We were in a pretty neat uptrend channel up until March 22nd morning (10am more precisely) when bitcoin made a bold correction downwards dragging...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (8.55).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CAKEUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (8.55).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CAKEUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
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...
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
The bottom looks like its in and we should be working towards wave (3).
Hello friends
The cake's currency code formed an AB = BC pattern that retreated 61.8% of the A wave. Therefore, I conclude that the price target could have been 1.618 BC wave retreat, which hit its target yesterday and today the market had a good reaction to this area, which caused a 20% growth of this currency code. Cypher is approved with a target range of $ 25...
I'm looking for Pairs to trade against each other to offset the risk of a single trade.
With a "± simple" calculation of each possible outcome of A UP / A Flat / A down - B UP / B Flat / B down i look wich move in A/B is the most likeliest.
CAKE / LRC UP 4 19%
CAKE / LRC Down 4 30%
LRC / CAKE UP 1 6%
LRC / CAKE Down 4 38%
Strong support at $5.00 because 80% drop from B wave top down to C wave, would expect a relief rally at least to $13 and up to $16 corresponding to fibonacci levels between 40-50% conservative as per previous B wave high.
- if you have been buying from $10 and down, stake and wait to take profits- I would only take 20-30% with possible retest lower, but preparing...
