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Pancakeswap

Burger Good Longterm InvestmentI invested today on BURGER once the price touched the lips of the alligator, the Green Line. I have analysed the project and I find it similar with AAVE and has great potential to rise to 400-500 per coin if not more in the next few months. Lets see. You could make even more profit from the trend if you trade it in smaller timeframes cause I see it has a bit high volatility. I expect to make my capital about 100x times from the size it is from the BURGER coin till it reaches the 20x increase and compete with AAVE in market capitalisation, by trading it in smaller timeframes. The transaction fees are much lower than AAVE and has a crosschain function as well. Follow me to stay updated with more of my simple trading IDEAS ! Hope to be correct and good luck to all!
Long
by leftoudakia
10
Pancake Swap ($CAKE) Could Reach $29 in Pullback with BTCDISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose everything when buying and selling them. I will not be held responsible for any losses or gains as a result of my content. Please DO YOUR OWN RESEARCH before making investment decisions.
by brendanwenzel
15
CAKEUSDT --> Missed the CAKE party? Try this entry!PanCAKEswap has been seeing some explosive growth. Here's me back at $16 with a ton sitting in a syrup pool wishing I just had of... haha, isn't the crypto life just full of near hits and misses? If you missed out on the CAKE party, here's some ways to get a seat at the birthday table. Its a classic case of the FIB support play. If we come down further, have a buy order set for either of the 2 green buy zones I have charted. Being active in these trades with a stop limit is ESSENTIAL. Do not floopflop around with this trade idea if you aren't using a stop limit, that would be crazy. Until further patterns develop, these are some decent plays. Lastly, be careful over the next few days, BTC isn't exactly out of the woods, we have some major resistances to break coming up and there's a chance at all of them that we experience what we did today, a VERY sharp rejection. -=-=-=-=-=-=- CAKE TRADE -=-=-=-=-=-=- BUY: $34.5 OR $32 TARGET: $44 STOP: 5% BE TIGHT WITH IT!, when catching a falling knife you gotta be careful, otherwise it may just go straight through your hand! -=-=-=-=-=-=- --==--==--==-- Fundamentals --==--==--==-- Rank #25 Market Cap = $6,200,866,276 DEFI Supply: 160,447,894 --==--==--==----==--==--==-- *Tokenomics are good, they burn lots... actually they may be really good tokenomics. I have used the dapp a bit, they always adding new things. Very active project. Is it worth $40? is it worth more? ... if we assume further growth in crypto... defi is a massive sector... yeh look maybe $100 for CAKE eventually?
Long
by tommytoan11
10
Pancake Swap - $CAKE - Fundamentals Still Say Undervalued by 3xI'm still extremely bullish on CAKE and the PancakeSwap project. They had over 40m trades in the last 30 days coming to $34b in volume. That brought in almost $10m of revenue to the PancakeSwap treasury for burns and development. Add in all the new projects they are launching to give more utility and burn resources. We are looking at a massively undervalued coin still. At this current pace, $CAKE will flip Uniswap's $UNI in the next 45-60 days. Don't miss this opportunity! =================== DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose everything when buying and selling them. I will not be held responsible for any losses or gains as a result of my content. Please DO YOUR OWN RESEARCH before making investment decisions. ===================
Long
by brendanwenzel
4
CAKE Rides Channel To ATH But Weakness Is Showing-Cake has held steady in a channel for over 7 days -20MA has supported the price throughout the bull trend -Major support lands at $39.85 CAKE has had awesome week, rising nearly 100%. The bulls heavily grabbed low prices of $23 as cake rebounded like a cannon. Since the dip, the price has been steadily respecting an ascending channel with a high of near $44 at the time of writing. For CAKE to continue its uptrend to a new ATH, it must break & hold key resistance of $43.7. The bears have been defending this level well the last 2 days as it coincided with the top trend line of the evident price channel. Throughout the run, from low 20s, CAKE has been held up by the 20 MA. Major support for cake comes in near $40. The price has risen drastically the last week so the current supports cannot be depended on very much. If CAKE breaks below its bottom trend line of its ascending price channel, It will fall to the $39 range. This is the most probable scenario after such an explosive 100% run. If this zone cannot hold, CAKE may be in for a larger fall to major support of $36.20. Confirming a potential bearish view, the MACD has just crossed bearish for the first time in 48 hours. The histogram also printed a bearish tick. The RSI tells a similar story as the well respected trend of the last week has been broken. CAKE intraday levels Spot rate: $41.68 

Trend: Bullish 

Volatility: High 

Support: $39.84
 Resistance: $43.73
by CoinGape
4
CAKE 4X!Good indicator for the price of exchange token is the volume of the exchange. It is the trust and also part of the revenue flow into the token. Pancakeswap has volume 200M more than Uniswap. Pancakeswap is just all the time increasing the popularity since the fees on ETH network has made it impossible for majority of users to trade on Uniswap. Yet Cake the native token of Pancakeswap is 4X lower at price than UNI the native token of Uniswap. This means that it's only a matter of time before the token follows the exchange and takes over the UNI same way as Pancakeswap took over Uniswap. CAKE is being burned at increasing speed since the more volume the more fees collected and more CAKE burned. It's a matter of time for the CAKE token to over take the UNI in trading volume and thus over take it in mcap as well.
Long
by SolidPosition
Pancake Swap - $CAKE - Strong Despite BTC WeaknessDISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose everything when buying and selling them. I will not be held responsible for any losses or gains as a result of my content. Please DO YOUR OWN RESEARCH before making investment decisions.
Long
by brendanwenzel
4