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Pancakeswap

PancakeSwap 2 Possible Buying ScenariosHello Friends! Looking at the Daily graph, it looks like there are two possible buy entry scenarios for PankcakeSwap. Scenario 1: ========== It may reverse from around the same area where it is trading at the moment with a proper price action. Scenario 2: It may bounce back strongly from the tested support zone coming ahead. In both cases, I am with buy and would not consider SELL. So I suggest if you have already bought it, then hodl. It shall regain upward momentum soon. Good Luck! Happy trading Regards, CrypFo Trader
Long
by traderriazofficial
CAKE MASSIVE GAINS INCOMING? BUY HERE$CAKE has been in a down trend since April and it is now breaking out with volume. All the indicators are showing bullish signs with every tf flipping into bullish from all smaller timeframes to the htfs till 12 hours are now bullish. OBV turning green, MACD bullish, RSI holding and breaking downtrend, trendline broken and bullish harmonics. I am taking entry here at market price $20.7 and will tp it till 22.65 - $34 Also, alot of developments has been going on CAKE with their NFT marketplace launchin I was expecting this breakout to happen soon and looks like we're ready now! Good Luck. If you liked this idea give a like and a follow :-)
Long
by TychonTrades
3
PancakeSwap (CAKE) - October 12Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (CAKEUSD 1W Chart) - Mid-Long-Term Perspective Above the 9.0760290 point: the uptrend expected to continue 15.1757179-16.1961041 or more: Expected to create a new wave. (1D chart) First resistance section: 19.0812658-20.0044522 Second resistance section: 29.5050311-32.1525450 (psychological resistance section) First support section: 15.1757179-16.1961041 Second support section: 9.0760290-10.8786252 It is important to maintain the price above the first resistance section. Therefore, it is necessary to check if the price can be maintained above the first support level. If it falls from the first support zone, it may touch the second support zone, so trade cautiously. ----------------------------------------------------- (CAKEBTC 1W Chart) - Mid- to long-term perspective 1652 Satoshi-2070 Satoshi or more: Expected to continue upward trend 2687 Satoshi-2903 Satoshi or higher: Expected to create a new wave. (1D chart) First support section: 2687 Satoshi-2903 Satoshi section Second support section: near the 1652 Satoshi point First resistance section: 4174 Satoshi-4837 Satoshi section Second resistance section: 6578 Satoshi-7068 Satoshi section ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
BINANCE:CAKEUSD
by readCrypto
CAKE: breakout very soonBINANCE:CAKEBUSD BINANCE:CAKEUSDT Just now, BTC broke out from a mid-term resistance line, retested, then pumped hard to 55555usd. I see similar pattern on CAKE. The breakout is imminent. I don't predict price of few days. Let's see the real bull run target. Now CAKE is in a half-year correction. It finished a classic Wyckoff re-accumulation phase and entered phase E. A new uptrend is coming. My first target is the previous high of 44, then 100. Price around 150 is very like in altseason. Fundamentally, Pancakeswap is the most important application on BSC. Its token CAKE, unlike the solely reward token (UNI, CRV, et al.), is extremely useful. CAKE's single asset pools have the highest and most stable yields among DeFis. It is also a distribution platform of other tokens, and an NFT marketplace. I'm expecting CAKE entering Top 10 rank at least for a short while. And there is a secret behind CAKE: Why does Binance not open futures trading for CAKE? Because CZ has his plan. NFA.
CLong
by RidingBubble
3
BTCUSD long ideaHello traders, today I'm going to post an interesting wave is unfolding in BTC/USD. At the price we are now, it looks like the bears are not done with the bulls yet. We should be bottoming arround 38k-37k where I set my buys with a huge potential to the upside and a very low risk opportunity. SL for this entry should be up to 36600 and the target is set at 59k. Let the market go to you. If you like my content and would like to support me here is my BUSD BEP20 Address: 0x66a39a58d46f21fd61ced8ce11c7420f5b977182
BITSTAMP:BTCUSDLong
by ignilrCrypto
Ascent or descentIf we look at the chart, we see that a long-term downtrend line is pushing the price down . But in the meantime, we see a support.The trend line and the support form a descending triangle Trading volume also confirms that it will be a downtrend.If this happens and the price goes down, the most important support will be in the range of 11.09 , But if buyers perform a miracle and break the downtrend line, the price can rise significantly. This is not a financial recommendation. This is just a technical analysis.
Short
by mehran_analyzer
🔥 CAKE Reversal: Bullish Move Continued?Since my last CAKE call, CAKE has gained over 20% in value. The reversal area did indeed mark the low for the short term and the $21.5 target was reached with ease. As of now, we're trading near the 0.236 Fibonacci retracement. CAKE is trying to pierce through it, but facing strong selling pressure. We either pierce through the resistance in the coming couple of hours, or we might re-test the 0.382 retracement to try again later. Target for the next week is placed at $26. Happy trading!
Long
by FieryTrading
6
Cake to 36.86 $ USD?In my last analysis we were able to observe a triangle that was invalidated as a result of the market crash, however not everything is negative. This fall managed to show us a bullish channel in #CAKE which is very positive. Within this new bullish channel we have a new triangle that should break no later than the beginning of October and would have as its main target $ 31 and then $ 36.86. If the market remains bullish, I have no doubt that Cake will have a big rally, assuming that we are days away from its first anniversary and that every Monday there is a burning of tokens that represents 1% / 3% of the current supply. #Cake #Pancakeswap
CLong
by TheLuckyLeandro
PancakeSwap (CAKE) - September 12Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (CAKEUSD 1W Chart) It remains to be seen if the price can be maintained above the 15.1757179-16.1961041 segment. If it declines from the 9.0760290 point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required. If the price holds above the 20.0044522 point, it is expected to create a new wave. (1D chart) If the price holds above the 19.0812658 point, it is expected that the uptrend will continue. However, the uptrend is expected to accelerate only when it rises above the 22.7629293 point and breaks out of the downtrend line. If it falls from the 15.1757179-16.1961041 section, you can touch the 9.0760290-10.8786252 section, so you need to trade carefully. ------------------------------------- (CAKEBTC 1W chart) It remains to be seen if the price can sustain above the 0.0002687-0.0002903 interval. If it falls in the range of 0.0001652-0.0002687, it is highly likely to enter the mid- to long-term investment area, so careful trading is required. (1D chart) We need to see if we can find support at the 0.0004174-0.0004445 zone and move above the 0.0005074 point to break out of the downtrend line. If the price holds above the 0.0005074 point, I would expect resistance in the 0.0006578-0.0007068 range. If it falls in the 0.0003450-0.0003850 section, it can touch the 0.0002903 point or less, so Stop Loss is required to preserve profit and loss. However, you can touch the 0.0002304-0.0002903 section and rise, so you need to think about how to respond. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:CAKEUSD
by readCrypto
PancakeSwap #CAKE to 31 $ ?After seeing how the target of $ 25 was perfectly met as I mentioned in my old publication, we can see again the formation of a triangle, which should break up at the end of this month, obtaining as a target $ 31 that would represent the 61.80% fibo of the May correction. However, I believe that if the market remains bullish and we continue with the respective token burn, we will be able to see an even stronger momentum up to $ 36.86 which represents the 78.60% fibo. Cake is undoubtedly one of my biggest bets in the remainder of the year and I hope to see it reach high prices, which I will share with you later in my next reviews.
CLong
by TheLuckyLeandro
4
CAKE, a long term vision. CAKEUSDTHello my friends, A multi timeframe analysis of CAKE and a long term vision for investment. The price breakup the major resistance and usually after that will pullback to level as a retest. So If the price fixation in this area I expect price growth. You can consider it and the price actions in the circle to buy it. Good luck If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below for me
Long
by ArashBanakar
8