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Pancakeswap

CAKEUSDT Technical Analysis⏳ Spot 💎 CAKEUSDT has broken above a significant resistance, I t has also broken above the wedge pattern, After the retest and Pullback we expect that it goes higher. 🌐 Tradingview 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at Market or at 18.88 - 19.41 ☕️ TP1 21.12 🍺 TP2 22.87 🍻 TP3 24.57 🍾 TP4 26.50 🍷 TP5 28.00 🍸 TP6 🍹 TP7 🎁 TP8 🚫 SL 17.50 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
Long
by Fibonacci-Signals
6
Pancakeswap (CAKE) Is Sleeping Pancakeswap has been moving really sideways and hasn't picked up any momentum with the rest of the market. It's been trading between $17.50 - $20.50 since September 19th and showing signs of heavy accumulation at $19.00. I do believe Pancakeswap will move due to: - The growth of the Binance Ecosystem. - The meme coin community trend will continue throughout this cycle. A lot of meme coins especially new ones are accessible on Pancakeswap for extremely low fees. Meme coins bring in a ton of new liquidity into the market. - Ranks top 10 in Total Value Locked (TVL) and TVL is steadily growing. After we break out of this sideways pattern I do expect a run up to $22.69 at the 0.236 Fibonacci level. Personally I love when there's a prolonged amount of dullness and sideways action. Keep Pancakeswap on your radars! Much peace, love, health, and wealth!
Long
by peacefuljustin
🔥 CAKE Underperforming: Bearish ChannelCAKE was, untill recently, one of my favorite tokens on the market. It had a very active community, great website and staking possibilities. However, since CAKE topped late August, CAKE is one of the few tokens that lagging the market. Either this has to do with the staking rewards being sold in huge numbers, or that there's just better alternatives in the market now. In any case, CAKE's bearish channel is definitely a thing. With the recent dump from BTC, CAKE followed and bounced off the top of the channel. In case of a prolonged bearish move from BTC, I'm looking at the bottom trend line for a potential bounce. Happy trading!
Long
by FieryTrading
19
CAKEUSDT (PancakeSwap) - Coin of the WeekPancakeSwap is an automated market maker (AMM) — a decentralized finance (DeFi) application that allows users to exchange tokens, providing liquidity via farming and earning fees in return. It launched in September 2020 and is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker model where users trade against a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return. Technically, PancakeSwap is in a big consolidation on the daily timeframe that started at the end of August this year. When we look at the 4h chart we see that the price is consolidating below the blue trendline marked on the chart. We have 2 working scenarios for this cryptocurrency right now, the first would be a break of the blue trendline and a continuation to the upside and second a retest of the support area and then a reversal to the upside. Although a total downside with a retest of the lows of May is possible, the probability for this scenario is low. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Long
by financialflagship
7
CAKE BULL RUNhi , our general opinion for cake is long in the longterm (when alt season begin),as you know in fib retracement between 0,786 and 0,618 zone is golden packet it means we should test it one day and our weakly strong support is 30$ and also 0,618 retracement is 30$ so our first target for cake is 30$ , second target is 44$ because its ATH . and as you see in the chart , cake make a descending chart pattern ( descending chart pattern in old market is a bearish but in new market like cryptocurrency is a bullish chart pattern) and it broke the pattern and our target based by pattern is 54,92$
Long
by matin_iranian
3
CAKE - TRADE SETUP - LIVE TA$CAKE has been in accumulation zone for so long now and it this video I have discussed why I think CAKE is going to give massive gains in the next few weeks! The best entry is at the market price till $18 and the targets are mentioned. I have gone through each and every details and have done all the analyses so you guys can copy the idea and learn it from my strategies as well :-). If you liked this video guys make sure to give a thumbsup and share :-)
Long
by TychonTrades
2