Based on this chart, we should see BTC start to make it's run to $70k soon before a brief pull-back to $62k to create new support and then up to $80kish. Please follow me on Bitclout @brendanwenzel If these videos are helpful, please subscribe/follow for more!
I'm getting more and more bullish on Pancake Swap ($CAKE) on a daily basis. The chart is bullish, the fundamentals are bullish and they are taking their inflation concerns seriously. If they keep adding more coins moving over from the ETH network, they can easily be one of the top market cap DEXs on the market.
I'm noticing two triangles forming on the hourly chart. One starts back on the 20th with a downward trend line acting as resistance with the bottom of the triangle starting on the 25th acting as support. The other triangle pattern starting about 9 hours ago. My assumption is that sometime in the next 4 hours, BTC is going to make a run either above the...
I'm starting to get more bullish long-term on Pancake Swap and would love to grab more tokens in the range of $10.65-10.75. This one will take off once we get out of this correction with lots of good news and they are taking their coin inflation seriously. With more tokens going over the Binance to reduce fees for buyers, Pancake Swap is quickly gaining market share.
I'm looking at the DAO/USDT chart and making an educated guess on the bottom for DAO Maker during this correction. My buy target will be set just above $5 to give a little cushion, but I believe that this could drop down to $4.81 if BTC continues down to $47k or even $43k over the next few days. It's a great buy for the long-term as they are only just getting...
It broke through the $53k support and it's likely to drop REAL fast from here with brief breaks. Be safe guys!
What a crazy ride the crypto world is on right now. Expect to see this volatility go through the end of the week with $6.4b in options set to expire on Friday. Be safe!
Pancake Swap ($CAKE) is in a great spot to buy on the low end while it bounces between $12.80-13.55. I'm looking to sell about 75% each time it hits $13.50 and then buy back in at $12.85. I like to have a bit of cushion as I've missed out on trades by pennies trying to get exact. Look for it to breakout over the next few days to reach my price target and...
With Uniswap's announcement that v3 won't be coming until May, Pancake Swap will pick up even more market share as people look for lower transaction costs. Once it breaks through the $12.57 resistance, it will easily reach $13.41 and $14.61 is completely possible in a short timeframe. Look to play this one for the short-term, however, due to their tokenomics...
There are 2 scenarios that play out over the next week or so. We will see Bitcoin hold at $53k and then scale up the trend line. This will take it to ATH once it breaks through $60k. OR We will see Bitcoin break below $53k for some reason and in that case, it'll likely drop to $43k before finding support. Keep a close eye on this as lots of people will be...
With more projects looking to solve the gas fee problem, they are looking to the Binance Smart Chain to do it. This will create more demand for BNB and that's why I think it held pretty strong through yesterday's sell off. My expectation is that it'll continue this consolidation pattern for probably a few more days before starting it's run up.
Buy Zone: $31.80-32 We will likely see one more bounce off the support and then it's new ATHs and this thing will have legs. I expect it to run all the way to the parallel trend line with little resistance. I'm not planning to sell any of this for a while. It's about to go on a tear when v2 release is announced. Stock up next dip down and then go have the best...
Buy Price: Under $19 Target Price: Top of Trend Line (Whenever that is) With $CAKE going up 20% in the last 24 hours and now $UNI going to new ATH on the news v3 is imminent, $SUSHI will be making the run any minute now. I expect it to happen in the next hour at most. Get on this sub-$19 buy while it's available. You won't see this price again!
Buy Zone: $4.50 - $4.80 My idea is that this will bounce around inside this $4.50 - $5.20 channel and once it breaks through this triangle then it's heading straight to $6.30 where it'll meet some resistance before eventually breaking through for new highs. I'm bullish on all exchange coins right now and they will all pop off on their own time, but it will...
I did expect it to hold up around $18.75, but none of this is ever that exact. Seems to be holding on that upward trend line support though. The next move will get to the mid-$20s where it'll get stopped for a bit and then I don't think it really stops again for any significant time before reaching new highs. Past patterns are too strong on this one to not do...
Pancake Swap ($CAKE) is heading to at least $13.45 where I believe it will experience some significant that resistance that could push it into channeling between $11.90 and $13.25 for a little bit while it cools off, but testing all ATH in the next week or so is entirely possible. My idea is to sell 50% at every resistance line and buying back in on the next...
The upper limit seems to be the longer term pitch fork resistance. It hit it almost perfectly the last ATH. It just broke through a shorter consolidation triangle and has upward momentum, there are a few roadblocks to setting ATHs again. My plan is to buy at $7.80 and sell 75% at $8.40. This will add to my long-term stash almost free. There is also a TON of...
Seeing BNB reach the end of this consolidation with the upward trend of the whole market, this looks like it's about to make its move to 308 at a minimum. I wouldn't be surprised to see it test the ATH with this run. With it staying above the 256 support and pressing that downward trend line, it's almost a certainty to launch in the next 24-36 hours. I can see...