Pancakeswap
PancakeSwap (CAKE) - April 9Hello?
Dear traders, nice to meet you.
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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 $18.
The yellow horizontal lines are the major support and resistance levels price may encounter when moving in the trend.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
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$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 $CAKE was 0.7 USD on Jan 17, 2021 - resulting in 20x price during the rally.
Can you guess which target it will aim this time?? 🚀
CAKE/USDT Prediction AnalysisGood morning to all respected Investors and Traders,
I made a simple analysis for CAKE/USDT
So I reckon you guys to entry at my sign and take profit also at my sign..
And Time will tell..
Happy trading y'all and good luck!!
PS: THIS IS NOT Financial advice. Please DYOR before entry the market..
Bullish Cup and Handle Forming for Pancake Swap ($CAKE)I'm getting more and more bullish on Pancake Swap ($CAKE) on a daily basis. The chart is bullish, the fundamentals are bullish and they are taking their inflation concerns seriously.
If they keep adding more coins moving over from the ETH network, they can easily be one of the top market cap DEXs on the market.
Pancake Swap ($CAKE) Buy Zone Around $10.65 With BTC CorrectionI'm starting to get more bullish long-term on Pancake Swap and would love to grab more tokens in the range of $10.65-10.75.
This one will take off once we get out of this correction with lots of good news and they are taking their coin inflation seriously.
With more tokens going over the Binance to reduce fees for buyers, Pancake Swap is quickly gaining market share.
Pancake Swap ($CAKE) Consolidating Before $14.60 TargetPancake Swap ($CAKE) is in a great spot to buy on the low end while it bounces between $12.80-13.55.
I'm looking to sell about 75% each time it hits $13.50 and then buy back in at $12.85. I like to have a bit of cushion as I've missed out on trades by pennies trying to get exact.
Look for it to breakout over the next few days to reach my price target and previous resistance around the $14.60 mark.
Pancake Swap ($CAKE) Will Continue to Climb Thanks To UniswapWith Uniswap's announcement that v3 won't be coming until May, Pancake Swap will pick up even more market share as people look for lower transaction costs.
Once it breaks through the $12.57 resistance, it will easily reach $13.41 and $14.61 is completely possible in a short timeframe.
Look to play this one for the short-term, however, due to their tokenomics creating a lot of inflation over the long-run.
PancakeSwap (CAKE) Project Overview + Targets (245%)What Is PancakeSwap (CAKE)?
PancakeSwap is an automated market maker (AMM) — a decentralized finance (DeFi) application that allows users to exchange tokens, providing liquidity via farming and earning fees in return.
It launched in September 2020 and is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker model where users trade against a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return.
These tokens can later be used to reclaim their share of the pool, as well as a portion of the trading fees. These LP tokens are known as FLIP. PancakeSwap also allows users to farm additional tokens such as CAKE and SYRUP. On the farm, users can deposit LP tokens and get rewarded with CAKE.
PancakeSwap allows users to trade BEP20 tokens, provide liquidity to the exchange and earn fees, stake LP tokens to earn CAKE, stake CAKE to earn more CAKE and stake CAKE to earn tokens of other projects.
Source: Coinmarketcap.com
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Here we have CAKEBTC (PancakeSwap) with a bullish chart setup.
Prices moving above EMA21 and bullish action only in the past four days.
You have multiple targets marked on this chart up to 245% of potential profits.
This is not financial advice.
Thanks a lot for your support.
Namaste.
EOSEOS
The last time EOS was at these prices was back in 2017.
Completed a 5 wave structure.
Corrected back down to 2017 levels.
Market sentiment is neutral/ bullish in general.
I expect EOS to have it turn really soon.
EOS is dirt cheap at these prices.
Pancake Swap ($CAKE) Hitting New Support Before HUGE UpswingPancake Swap ($CAKE) is heading to at least $13.45 where I believe it will experience some significant that resistance that could push it into channeling between $11.90 and $13.25 for a little bit while it cools off, but testing all ATH in the next week or so is entirely possible.
My idea is to sell 50% at every resistance line and buying back in on the next support down.
This should allow me to add to my coin count for the same cost as we go up the hill without taking all my chips off the table in case of a run right one of them.
The line graph is nothing exact, only there as a visual representation of the general movement I plan to see on the way up.
Pancake Swap Ready to Break OutWith Pancake Swap approaching the end of this triangle, my expectation is that it'll break through the top, get through that $10.60 resistance with little effort, find a little resistance at $11.80 and my price target is $13.50 by mid to late-week.
The FUD from the hack is finally subsided and they are getting closer to having version 2 ready according to their latest Twitter post. (I can't link to it yet due to my rep score)
I'm bullish on the DEXs right now all around. You really can't go wrong with any of them at this point, so grab a few of the smaller caps like Pancake, 1inch and Julswap for more upside, but Uni and Sushi are looking juicy as well.
Cake busd - massive fallAfter news of Pancakeswaps DNS hack, cake prices have further plummeted.
Trend line is dire.
Bit once they get the hack sorted cake still represents good value at these prices.
