Fat traders love CAKE - CAKEUSD
Updated
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 decentralized exchange built on the Binance Smart Chain (BSC). Since 2021, the platform was the largest automated market maker (AMM) on the BSC network, with over $3.76 billion USD in staked assets. The popular DEX facilitates token exchanges, staking, and yield farming.
Besides the fact that PancakeSwap is a huge player in the DEFI scene, the charts looks amazing as well imo. I am buying when it breaks the green line to the upside and retests (swing failure // S/R flip).
Target is in the chart.
Goodluck,
Doctor Hugo
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 decentralized exchange built on the Binance Smart Chain (BSC). Since 2021, the platform was the largest automated market maker (AMM) on the BSC network, with over $3.76 billion USD in staked assets. The popular DEX facilitates token exchanges, staking, and yield farming.
Besides the fact that PancakeSwap is a huge player in the DEFI scene, the charts looks amazing as well imo. I am buying when it breaks the green line to the upside and retests (swing failure // S/R flip).
Target is in the chart.
Goodluck,
Doctor Hugo
Trade active
Still no break of the trend line. I will wait for it to break and retest firstNote
Trend line currently breaking to the upside. Time to pay close attentionNote
Rejected. Just like the ETH fractal. The chart is now printing a bottom formation.
More strength to the upside here and I'm going in.
Goodluck lads.
Note
Definitely seeing some signs of strength here. We go in once I see a clear break of 11$ +/-
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