CAKEBUSD primed for a 250% move!Hello Traders!
Gonna keep this one short and sweet while hopefully price itself does the talking.
From Absolute High to Absolute Low
Entry 1: $10.85
Entry 2: $8.35
Stop Loss: $6.45
Target 1: $26.40
Target 2: Trailing Stop
Happy Trading, always manage risk.
BSC
BNB consolidation is overWhile all the fundamentals are getting stronger specially in the value and demand on BNB. I believe that the low liquidity over the past few days have led to building a strong support area around the $200 level.
My expectation that a rebound is going to happen over the next 24 hours and here is my setup for that long positio
1INCH Finally Moving - Where do you see it going in 2021?After a nearly 2 week long falling wedge, 1INCH finally moves bringing some reward to the patient, 30-45% gains in ~24hrs!! --- Not going to lie, I started to rethink my bullish outlook on this project when Bake, Cake, Flake, Dodo, Burger and a damn Shake, or whatever other DEX, DeFi Aggregator started making HUGE gains.
This breakout was pretty clear given that beautiful channel; wish they would all be so cooperative!
My question to those who wish to contribute: Where do you see 1INCH going in 2021?
- Do we have an early UNI situation here? $5 with a quick run up to $15-25?
- Or is 1INCH soon to be obsolete, overshadowed by the next dex/agg with a dumb name? Recent BSC integration may beg to differ.
I tend to agree with the former.. Let's not FOMO this one!
Cheers
We all know that March is coming. But what about the new #DeFi?It's true.
We all know that historically, March is a bad month for $BTC and the crypto space in general.
But, could this be different for the new (and probably much more stronger) wave of DeFi platforms ?
The Binance Smart Chain came to stay, that is out of the question. Also, we've seen a huge rising on the use mainly due to the failure of Ethereum and their Gas Fees.
Pancakeswap has been working on expanding their presence and so far it's going smooth. Their Idea of bringing NFT's, plus a gamification based in profile, earning points by completing tasks, among other things is a well placed strategy for the booming in the following months.
Based on that and on some well-know flag patterns I see that $Cake will see a new ATH soon.
Will you stack your pancakes? 🍯🍯🍯🍯🍯
Hurry up!
Cake Presents A Buy OpportunityBINANCE:CAKEBNB - 4H
Pancakeswap and its accompanying CAKE token have taken DeFi by storm since the beginning of the month. Overall BSC has added 9B in TVL since the end of January. Much of that added value has gone into PCS vaults, which spurred its volume over Uniswap's yesterday. A couple weeks ago I argued for a potential Tron run based on an influx of DeFi refugees and new entrants. Tron succeeded in attracting people but nowhere near the scale of what BCS & PCS have done. I'm fortunate to have previously entered CAKE, but I'm also looking for good additional entries as I believe this run has another month or two ahead of it.
The pairing with BNB presents a challenge as BNB has absolutely rocketed in price the past two weeks. Nevertheless the CAKE:BNB trade has been in a consistent up trend on the 4H since late January. I won't pay much mind to the massive wicks pushing the price up, but I am interested in the bottoming out that may have just happened. I think .054 may have been the floor, as that candle was predated by the largest sell volume CAKE has seen in its existence and it bounced back nicely. But I'm looking for a candle to rocket up the near juncture of the bottom trendline & EMA sometime tomorrow. If that doesn't happen, and CAKE surges up I'll move in somewhere between .0615-.063 depending on closes.
Generally speaking the difference between .0535 and .057 BNB isn't that much at present. So if you have no cake and are looking to long into triple digits, there's little reason to delay. Short term .076 would be a good exit target.
This isn't investment advice and trading cryptocurrency is high risk.
BNB - Correction continues? Until it closes above $300, it will continue to decline, it looks like BNB has entered a correction phase.
Information is just for educational purposes, never financial advice. Always do your own research.
Hit the "LIKE" button and follow to support, thanks!
CAKEUSDT: Bullish movement is coming.CAKE has alreadyy dropped around 18% over the last few hours. Pancakeswap's native token has shown that it has a strong community behind it that supports the project and a lot of legit projects coming to the platform consistently.
The chart seems that there will be an upward progression and CAKE can giv a profit of 10% in short term positions.
CAKEBUSD Update! Still Bullish ;)Hey all,
Just an update as our previous setup was Stopped out by just a tick. Given that the Correction Channel is still valid, I am still bullish and have entered on this setup.
PLEASE manage your risk tightly here. This pair is extremely volatile.
ENTRY 1: 13.3 (already triggered)
ENTRY 2: 11.35
STOP LOSS: 9.88
TARGET 1: 25.25
TARGET 2: Trailing Stop
Happy Trading, always manage risk.
Just hold but more slow :/I think the next step will come more slowly, because currently the feelings are mixed but we must hold and time will do the job! But we don't have to worry about the future ETH L2, we still have a few weeks I think but afterwards, it will be even more unpredictable!
$BAKE (THE NEW $CAKE) ACCUMULATION ZONE AND TARGETSAs you may know, we all love bakeries. Great project, great names and great hype. #BSC
BNB is bouncing on the 0.618 !Again, like you can see on the chart, it is super bullish to see the price bounce off this level.
Trade with the trend!
This is it! The bullmarket is giving us great opportunities, don't sit on the sideline and spend some time to learn about them!
See my two other ideas and you will understand what are the fundamentals.
XVS is breaking out!The fundamentals are also super good.
77.7M Volume last week! It is simply the biggest Volume of any Decentralized Application at the moment!
To me it is one of the most important project in the Binance Smart Chain (BSC) space.
DYOR.
Strap-in!
I'm buying $Cake right hereGet it before it goes banana!
Binance is listing Cake/BTC in 8 hours.
The trend is a little crazy, but the fundamentals are crazy good as well!
A whole Defi universe is being build on BSC at the moment, with super low fees, near instant transactions
And taking all the experience from Ethereum, and porting it into a faster chain.
No time to write, I think it has just bounced on the 0.618 retracement level. Strap-on!
Moonshot Search Yields HGET-Hedget As A Possibility FTX:HGETUSD - 4H
I see a lot of people wanting to find coins/tokens that are considered "moonshots." Typically a moonshot offers >20x returns, sometimes in the 100x range. In order for a moonshot to manifest, you have to take on a variety of risk and see the coin/token's underlying value - what does it bring to the table? What does it solve? Why would anyone think of buying this?
I've been dabbling quite a bit in DeFi and came across HGET last week. Options trading is as lucrative as it is destructive. HGET brings non-custodial options trading to DeFi and launched in Sept 2020. It debuted at ATH and has plummeted downward since. Some of the downward moves are almost musical in their curvature. What has hampered HGET growth is - there haven't been any buyers. Looking at the 4H chart we only see sustained buying interest in the past two weeks. Tall green bars are rare in its history - but that's all going to change in near future. HGET is providing impossible returns in the form of LP yields and the market is starting to digest its value in that regard.
Looking at the tokenomics there is a circ supply of 1.75M, max supply of 10M - or roughly half of BTC's max supply. If HGET were to blow off to the stratosphere and reach 10k/coin, it would still only be 9% of ETH's current marketcap and remain ranked below Ripple. It's currently ranked in the 700s on CMC and will popularize with the platform's release this quarter. As more people enter crypto and want to make money on trading, more will entertain trading options on DeFi as there is no kyc nor mandatory reporting.
I've added some fib extension levels on the chart for anyone looking at a good entry point and potential target levels. The ride from now to $8 will be a bit tough unless it just facemelts past it all. $10.50 marks ATH and the coins debut price, and once it clears that we'll see some strong strides up into price discovery. Most of the early bagholders have been chased out following a -90% drop. I'm not in HGET currently to trade, but am in it for LP token staking. I'll enter it to trade at $8.50 with a short term target of ATH and holding a portion for the moon trip to the top 150.
This is not investment advice and trading cryptocurrency is high risk.
RFUEL Accumulation Complete - Ready to get sent imagine a defi token that got dumped so hard it was forgotten during the entire bullrun. only the brains accumulated at .03, the early adopters at .06, the normies at .11, and the laggards at .2 and above. what if I told you these guys had their own parachain lined up on polkadot along with a ton of super innovate technologies, starting with their smart asset token bridge. oh yeah and all the presalers have already dumped! yeah. welcome to RFUEL. get a bag and dont look back
CAKE / BUSD breakout on binance: I bought the topADDING to my small position on CAKE / BUSD pair on binance, breakout of base.
Looks like a good breakout. I bought near the top of this breakout with a 13% stop. Risky? Yea but there's a lot of momentum behind CAKE and BNB (binance) now.
Profit taking target is probably 1/4 or 1/3 at 30%+, and letting it ride depending on market conditions.
On the Run : LINA getting Vol With the exchange now out and working , lower fees Being on Binance smart Chain And Eth Fees Skyrocket again ... yo do the math .
Tp .07~.06
check the full chart to see trend and Previous Breakouts .
we already gained + 1000%~ 950% on Lina Check Previous TA's
DYOR .
$MTV #multivac @MultiVac_global Short term first kucoin ieo, very low micro cap right now. easy short term long term play
Talking about Transaction fees.A comparison between DéFi farming on the Ethereum blockchain or the since this year introduced Binance Smart Chain (BNB).
Take your time going over it, it will save you some money.
docs.binance.org
CAKE BULLISH AFTER RETRACEMENTCAKE pumped 100+% in few days since about 26 november, then retraced to 0.5 Fibonacci (clear on daily graph), an now breaks and retest the bearish trendline (hour graph suggested). Looking bullish AF.
