$CAKE is breaking through the support level after the ascending trendline was broken. Decline to support level at 3.69$ is likely to happen.
CAKE bounced off the descending trendline. Asset broke trough the ascending trendline. Bearish movement to support level at 4.085 is possible.
$CAKE bounced off the support level and broke through the short-term descending trendline. Bullish movement to resistance level at 4.18$ is likely to happen.
CAKE/USDT Entry Range: $3.80 - 4.10 Price Target 1: $6.00 Price Target 2: $7.70 Price Target 3: $9.45 Stop Loss: $3,39
pancake swap update its a long way to go so many resistances on the way we need bullish news and volume to break all these
$CAKE broke out of an Adam & Eve double bottom, and is now forming a bullish pennant on lower timeframes (6h and lower, and even somewhat on the daily chart). Though volume seems low, and the stochastic RSI is showing potential bearishness. There's a good probability we break down out of the pennant, for a small correction before moving up towards previous ATH...
CAKE is forming quite a lot of Bullish patterns at the moment, showing that buying power is gradually returning to CAKE and a reversal could happen at any time. We can accumulate CAKE in the $3 zone and expect a rally and break out of the Symmetrical Triangle pattern to rally strongly to the $4 and $5 zones in late July and early August. However, if the $3 zone is...
PancakeSwap bounced off the resistance level. Asset broke trough off the ascending trendline. Bearish movement to support area at 2.5 is possible.
We are looking at CAKEBTC (PancakeSwap) and we can easily see a bullish move developing. Notice how the 16-March low led to a move that was rejected at MA200. Now, we have a new low 12-May which will be followed by another test of the MA200 resistance at 0.0001910. That's a 22% price jump from the current price. The stop-loss can be set right below...
A scenario can be that #cake is going to break the big descending triangle, based on what #btc will do then it will break up soon
Fun chart, looking for one more leg down, may be completing something, so watching this count. Check out some of my other stuff and give a like and follow if helpful. Cheers!
Based on technical factors Bullish Flag there is a long position in : 📊 CAKEUSDT 🔵 Long Now 0.00 🧯 Stop loss 4.320 🏹 Target 1 4.880 🏹 Target 2 5.110 🏹 Target 3 5.500 💸Capital : 1% We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
After couple of weeks, finally CAKE break the pattern... Let's watch the rally🚀🌕 What's your opinion? Share your analysis with me🤝✍️
The fall has be deadly for cryptocurrency generally. PANCAKESWAP is sitting on $6.9. Is this fall going to continue? Or will the Bull save the fall from continuing? Please share your Idea, thoughts and comments. KINDLY: LIKE AND FOLLOW.
CAKE broke trough the ascending trendline. Asset broke trough the support area. Bearish movement to support level at 5.3 is possible.
Pancake swap on BSC gonna fly DEFI due for a run and the apy in defi the only place to go w reduced staking rewards and returns in some of these more common avenues. GL not financial advice this may still see downside in June out of mid may as i assume all markets will, but the upside is here i also really like the look of WAGYU swap and a variety of defi as a...
Greetings, Price has been in a downtrend since May 2021, but nevertheless there have been 2 times a bounce from local lows of 100%, the last time in March from a price around $5. After that, a test of the past support zone, around $10, which has now become a resistance zone. Possible entry points to go long: On a breakdown of the downtrend, or look for an entry...
With this new fixedterm staking till now PS semi-burned about ~74 Million cake tokens ! And also Pancakeswap is going to redesign tokenomics of CAKE token so they can burn even more tokens weekly ! Then what do you think !? ^_- And if we talk technically as you can see price is in uptrend channel and after this panic sell off it is now going to create a reversal...