if we use fibonacci retracement, we can understand that with a little volume, we can easily reach 21 $
Looks Bullish ! We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used...
Chart made based on my own research and observations BINANCE:BAKEBNB - No, I'm not a financial adviser or a professional trader so don't see this as a advice, this is just me sharing what I think will happen - Trade at your own risk, good luck! :)
If this sweetie is supposed to go up again, I see 12.4 - 11.6 as ideal buy zone. RRR around 3 (calculated with entry @ 12.0)
ANALYSIS 🔎 - CAKEBUSD is consolidating in a symmetrical triangle pattern . - A relatively big move is imminent. POSSIBLE PRICE ACTIONS - Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance and the horizontal resistance level (R1). - Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support and the horizontal support level...
Price is currently forming a descending triangle pattern however this move is considered to be a physiological correction due to the recent pump and historical top creating an almost 50% drop. Currently the price has found some support on the 0.618 Fib, and we can see that the selling power is getting weaker as a bullish divergence is forming on the MACD negative...
CAKE is moving sideways around 11.5$ zone and with the support of MA50 line of 8H timeframe so we can expect a recovery from here to 14$ zone in the next few days. 14$ zone is very important and a selling force may be exist here to dump it to 7$ zone. But if CAKE conquers this zone successfully, CAKE will move up to 19$ zone easily 📈BUY -Buy: 11.2-11.8$. SL if...
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...
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...
Bull flag seen in 1D TF of CAKE/BUSD Trade at your own risk:)
EMA is settling down, buying trading volumes are rising. The challenge for Pancakeswap is the combined 1 & 4 hour resistances.
very bullish on this project today I also bought on FTX $RAY de-fi swap on Solana with 0.0006$ fees. this can be huge
Lets see what happens is it just only a simple Pullback or something else?
Steep decline on the 1h chart of CAKE price. However, there is still an upward trend on the 1h support line. Will we see a break out?
Hello Traders! Wow, what a serious pump from PancakeSwap's native token CAKE, wish I was a part of this earlier. But as they say, the trend is your friend, until it isn't ;) I know I am posting this one a little late re: the entries but even now, the entries and setup remain valid and price has been accumulating in our entry zone. Volume on this pullback is...
PancakeSwap is the most used #DeFi product on BSC right now! In the past week, PancakeSwap has seen its user base grow over 36%, reaching 54.4k active wallets Another keynote: Proposal for Lottery Changes + Emission Reduction listed on voting.pancakeswap.finance Message me for more info or live daily trading with me on tradingview or chat for free.
Look at this chart... what do you see? 20x in 1 month... RSI at 98... holy #@$%. This is a testament to the DEFI growth on Binance Smart Chain and BNB also shows a similar growth in January/Feb... BNB is now 3rd largest coin if you exclude USDT. From a technical perspective, MACD is as bullish as it gets... RSI is curving slightly as does volume. So I expect...