Risk Reward Ratio 1:2 , take 1% risk from your capital. Once price move half profit then move the stop lose to its entry point. Don’t close the trade in-between . Don’t book partial profit , wait for the target to achieve
Two upward corrective waves were made, and a final C wave remains, five waves ascend, of which wave one and wave two have ended, and three final waves remain.
Hello traders, here's a potential XABCD setup in CAKEUSD, recommended strategy is buy low near point C at 3.70 USD final TP bulls is point D at 5.40 USD so 50% gains possible here's the overview of the XABCD X at 4.97 USD A at 3.22 USD B at 4.60 USD C at 3.70 USD D at 4.40 USD speculative setup, as always do you own due dill and use conservative stop loss and...
PancakeSwap, a decentralized exchange built on the Binance Smart Chain, is currently generating a lot of attention in the cryptocurrency market. The recent bullish trend seen in the 20 and 50 exponential moving averages is providing a positive outlook for the asset. This crossover of the EMAs is a positive sign for traders and investors, indicating that the price...
Right now CakeUSD built a Bullish flag pattern with break out of the channel prise could rise at least as high as the channel's width !
As all of you know already , if the ascending triangle pattern happen in the downtrend channel then there is more than 60% possibility to reverse the trend and break the triangle up!
Cake move: Short term: 1) small pump up to 5.5-6$, deviation, dump 2) dump to the mid-range of the small range (3.5$), pump to 8-9$, then dump Long term: 1) deviation, consolidate in the 1.5-2.5$ range, initiate new pump 2) consolidate in the 1.5-2.5$ range, final dump to Jan 2021 prices, consolidation, initiate new pump This is true for cake and for many other alts.
CAKE daily poised to run hard if $BNB does too imo. Has been a market outperformer since June. This chart looks too good. Algo likes it in every way for the first time since August 2021. Fundamentals+Technicals in crypto is rare, but cake has it as Binance Chains #1 DEX doing hundreds of millions of dollars of USD revenue every day. 3 BILLION USD TVL.
Cake is coming to Aptos is a bullish news but currently the charts shows me that we are going all the way down for a long walk along side other altcoins and bitcoin… so I’m currently bearish on $cake pancakeswap
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (4.606). . 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 (4.606). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CAKEUSDT 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...
Pancecake Swap token got rejected in area $5, a resistance area formed during the crash of May - June, when the price plummeted to its multi-year low at ~$2.5 price per token. Over the course of the past 4 months, Cake has been able to grow +100%, pushed by a positive momentum generated from the additional commitment from several investors in the platform and...
Bouncing off the volume shelf in favor of the bulls. One of the few crypto’s with an actual utility as the biggest DEX on the biggest exchange (Binance). No liquidity until 60% higher soon. RSI Breakout ready as well. GLTA
the trend for now appears to be upward, if the price reaches target 3, it is possible to continue upwards, forming a new price peak.
Cake Bullish Setup Indecision in the market is changing Towards a clear bullish sentiment And the price action on the lower timeframes Is clearly supporting this narratve Therefore, I think it is a good idea to go long!
Actually, I staked the coin on Pancake Swap Platform and my coins have been locked for many months without other opportunity. So, I have to find an opportunity on trading instead. I apply my favorite setup for short-term trading. The first TP is expected with limited risks. Good Luck, everybody.
I just went long on CAKE along with COTI. These two coins seem to have a good short-term upside potential.
BINANCE:CAKEUSDT This short term goal should be achievable within 1-3 months. I would suggest having 50% TP at $5.33, a 21.5% gain that should happen in less than a month. You can put another 50% of remaining amount at $8.33 as next target, or 100% of remaining amount which I strongly recommend because price will be pulled back and you can re-enter. Summary:...