Pancakeswap
Ready to eat more CAKE? @SmileyTradesHello Traders!
Looks like CAKE has triggered our entry for the Meso Degree setup! Looking for a break of ATH and a target of ~$31.2!!!
Take note...the Stop Loss for the Meso setup is pretty close to the Entry of the Macro setup so make sure you are position sizing accordingly!
Key levels on the chart.
I'll update again if we get either a break of ATH or a Stop Loss of the Meso setup. I will definitely keep my eyes on this.
Happy Trading, always manage risk.
Quality in trading is the ability to react to one's own psyche
Buying CAKE at $22.22 as It ConsolidatesI've been watching CAKE bounce around inside this triangle for a while now.
The idea is to buy one more time at $22.22 after just now selling at $23.50.
With the end coming soon, I'm likely going to wait it out the next time as I don't want to miss the exit of this triangle.
With BSC congestion at all time highs, I can't even imagine how big the volume on Pancake Swap will be for the last 24 hours.
What a steal in the low $22 range right now!
CAKE - Am I crazy?Short term targets are easy to reach. The long term target price could pus CAKE between 100 and 130$ in my opinion. Let's see the next Fibonacci of May/June crash what will tell us.
Cheers to those have eaten CAKE! @SmileyTradesHello Traders!
We have finally met our Macro degree Target! A big congratulations to those who took this trade with me.
I must say, it's been a trade with bottom entries and top targets! It's been ~250% in price gains from Entry to Target! Great trade.
I've included what's next for CAKEBUSD on the chart. Pay attention to how price begins to consolidate after the Target has been met; it will tell you how bullish/bearish it is.
Key levels on the chart!
Happy Trading, always manage risk.
Quality in trading is the ability to react to one's own psyche
Next Run for PancakeSwap ($CAKE) to $30+ IncomingI expect CAKE to break out of this upward triangle to make its next run that will likely take it to the $30 range before moving sideways again for a bit. You'll notice it goes up 15-20% then pulls back to the previous high, moves sideways for a bit and then makes the next 15-20% jump.
I will be bullish on CAKE until they reach 80% of Uniswap's market cap. At that point, I'll move out of this position as they have way too much inflation to be able to hold a solid per coin value once they are properly valued.
1D time-frame chart, $CAKE ready to shot up above $50 Hi guys, this is my second TA about $CAKE. Before I start, please be aware that this is not financial advice.
If you guys are aware, $CAKE has formed a perfect parabolic teacup resulting in vertical shot-up in the coming days. But where will it go? the target?
So I revisit the 1D time-frame chart last February when $CAKE gains 200% price movement in just 11 days (11 bars). Together with that, Bitcoin also gains almost 50% price movement after Elon Musk announced Tesla buys BTC. Today, Bitcoin price comeback trading in around 60k and ready to shot up. I don't know what will happen in these 2-3 weeks, which big news will boost bitcoin price up to 50% which probably almost 80k. But along with that, it will also boost $CAKE 200% move up to $50.
Please refer to bitcoin and cake charts below:
CAKE Meso Target Met, Macro coming! @SmileyTradesHello Traders!
Hopefully, some of you have been paying attention to my analysis for this coin! So far, we have had some seriously amazing trades that have led to insane profits!
I will mark the previous setups for your viewing pleasure (maybe to instill confidence within my trading).
For now, even though we have met the Meso Target, we are still waiting for the Macro Long Target to be met at $26.30. In the meantime, IF price allows it, there is a Micro Extension that we are observing to see if price trades, but also some Meso degree setups below us as marked on the chart.
Let's allow price to develop, ideally in our favor ;)
Happy Trading, always manage risk.
Quality in trading is the ability to react to one's own psyche
PancakeSwap (CAKE) - April 9Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a good day.
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Shortly after the chart was created, the support and resistance points are weak.
Check only the flow of the chart.
You should watch for any movement that deviates from the 19.4166740-21.9057849 section.
If you decline at 16.1961041, you need a short stop loss.
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(CAKEBTC 1D chart)
3289 Satoshi-3686 Satoshi should be watched for any movement that deviates from it.
The next expected volatility period is around April 12th.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Pancake Swap ($CAKE) With Lots Of Upside in the Near FutureWe are only seeing the beginning of what's to come for $CAKE. I've been saying since $9 that this platform is undervalued and I will continue to say this until it's above a $10b market cap.
Stake your coins on Pancake Bunny and get a great return while you hold for the 5-10x.
CAKE Update! Going as planned!Hello Traders,
This has been a long trade indeed, but boy has it been paying off! I'll link my previous analysis with gave us a great entry at the actual Bottom of price.
Gonna keep it short and let price do the talking!
Happy Trading, always manage risk.
Quality in trading is the ability to react to one's own psyche
CAKEUSDT looking to rebound ready for BIG pump (21usdt, 30%+)All models are wrong, but some are useful. This is not financial advise, nor am I a financial advisor.
CAKE looking like its going towards another head-and-shoulders trend. (See previous head-and-shoulders pattern before breakout!)
Looks to be having a few possible points to re-test and fall back towards previous support @15.800
If you have any criteria or new ideas feel free to let me know! :)
CAKEUSDT - LONG TO $13.400, $15 AND $18Here is another trade/investment opportunity that guarantees 50% ROI. Fund me so that I can invest too
Here is a bullish pennant chart pattern breakout confirming a buy opportunity. Therefore, I expect price to go long to $13.400 first, if it breaks the supply zone upward, head to $15, then $18.
The yellow horizontal lines are the major support and resistance levels price may encounter when moving in the trend.
What do you think?
Share your opinion in the comment section✍️
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Also, kindly cheer me with coins if you like my work.
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Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
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$CAKE buy signal on 1D timeframe has formed
Anyone who hasn’t joined in $CAKE train, don't feel get left behind. Buy signal on 1D timeframe has just formed yesterday, March 27th. The support line also has formed.
The last formed signal was when $CAKE was 0.7 USD on Jan 17, 2021 - resulting in 20x price during the rally.
Can you guess which target it will aim this time?? 🚀
CAKE/USDT Prediction AnalysisGood morning to all respected Investors and Traders,
I made a simple analysis for CAKE/USDT
So I reckon you guys to entry at my sign and take profit also at my sign..
And Time will tell..
Happy trading y'all and good luck!!
PS: THIS IS NOT Financial advice. Please DYOR before entry the market..