Alert price action towards fibo 2.618 (5.458).
The content on this chart is for educational purposes only. I'm not investment advisors and not trying to sell you securities. You're responsible for your trading, both gains and losses. There is a very high degree of risk involved in trading.
Coin for local work, breakout entry or pullback after a downtrend breakout. Group 3.
It is worth adding that the usual practice is used, the price on low-liquid exchanges is accelerated by burning money and the Binance exchange is added at the very top of the pump. The maximum price on the market was $ 18.9. Now there is a pullback and the price is $ 10.9. But the...
CAKE has seen quite a bumpy start since it got added to BINANCE recently. With Bitcoin in a bit of distress, I suspect CAKE will see some more bearish price action in the coming few days. Accompanying that bearish move, I also see a strong reversal trade for CAKE in the future.
Before entering this trade wait for the price to close below the Entry line. Higher...
This is my first look into PancakeSwap token also called CAKE
Launched on Binance Smart Chain . The hottest blockchain right now.
It made an ATH on debut on Binance exchange of $18
Been on a downtrend ever since to find balance, solid base where it can begin a definite move.
I guess many FOMO'd buying top on launch, while whales traded gains on Long and...
As a pankaceswap exchange toke, the coin CAKE has the potential to go upward.
The best thing is that the Cake has 2 levels of target profits and those are being put in the 2 upper white level. Since CAKEUSDT is on a bullish triangle, I am expecting to have a long entry here!
CAKE is one of the newest additions to Binance. On the first day it was trading in a huge 300% percent range, indicating that there was a lot of interest in this coin.
Like often happens with new listings, there's a lot of volatility in the first day, after which the volatility dies a little, only to pick up again at a later stage.
Bitcoin's most recent sell-off...
after a longer period of focusing on my trading I am back with some ideas.
Not sure you are familiar with the Binance Smart Chain (BSC). Basically it is like the Ethereum network, but with appropriately low transaction fees.
PancakeSwap is a Binance Smart Chain-based DEX (decentralized exchange). I wasn't really aware of it until the recent Binance Coin...
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This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can...
PancakeSwap's native token, CAKE, is something that has given a lot of profits to investors with its movement so far.
The price keeps growing steadily and we can see a smooth upward trend in the chart which seems that it will continue in the future as the chart shows there is not any strong resistance in the way to go UP.
Happy gains and Happy trading to everyone!
CAKE has been listed on Binance today. Being one of the few other DEFI coins tradable on Binance currently, it's seeing a large influx of buyers from the start. Investors are looking at other DEFI projects and how those have been performing lately and, obviously, don't want to miss out on the next hot take: CAKE.
I'm confident to put my targets relatively far...
Looking for a possible breakout of the falling channel followed by a possible inverted Head and Shoulders . My entrance level would be at the bottom of the right shoulder depending of the market ( BTC / BTC .D) at that time. Always safer to enter a confirmed breakout.