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Pancakeswap

CAKEUSDT This route can be happenHello everyone Cake is one of the most powerful token of defi exchange that can be have a campaign with Dydx in future According to the chart and to the trend of market , you can see the market is moving to have some correction and need to recovery itself then its ready to continue the route as the trend wanna go . This route that we can drwan on chart it can be the movement of the price to re-test again the support zone in the bottom (Blue box) and until the price is not broken the second key point level the trend is moving in downward and when this key point is broken the trend can be change to the upward. If you wanna take position and buy or sell, check the chart with your own analysis and use your own strategy Previous analysis : Good Luck Abtin
Short
by Abtin00
2
CAKEUSDT (PancakeSwap CAKE) 18-2-22 to 17-3-22 Midhigher RangeCake/usdt midhigher timeframe range, This range is fairly new and it formed a new bottom than backed up. as the range is new with a new bottom price can be pushed from these zones to a retrace point but that depends if market see's money coming into alts and peoples shows their to their ol cake. their are no logical profitable intraday setup showed up yet until march 16 2022. but this range did provided 2 swing positions.
by cryptoforever1
Bulls are consolidating CAKE price in preparation for a rebound The CAKE token has a vital support level of $5.50, and the current price of crypto is struggling to close the daily price candle above $6.7 level, then the neckline of double top formation ($4.6-level) may act as an immediate resistance level. Stoch RSI is still in the bullish territory; will it affect the current trend? The CAKE token price has been moving downwards in the RedZone of super trend indicator as well as the price is below the EMA Ribbon in terms of the daily price chart. The bulls need a robust bounce-back move. Moreover, the 200-line is far above the current price. The Stoch RSI is expanding towards the overbought territory over the daily price chart, where the k-line is at 81 and D-line is at the 66-mark. Conclusion The PancakeSwap investors have to keep patients for a good return on investment. The crypto price may generate excellent returns above the $9.0 level. Support level- $5.6 and $5.0 Resistance level- $7.5 and $8.5
Short
by TheCoinRepublic
CAKEUSDT: SHORT OPPORTUNITY AHEAD, BEARISH BIAS STILL PREVAILS?Hello CryptoTrading Enthusiast! Help the Channel Growth by smashing the FOLLOW and LIKES Button, then Share your opinion on the Comment Section below :) CAKEUSDT retested the trendline and created an impulsive rejection. The stochastic pointed down in the neutral area that could be an indication of bearish bias for Pancake Swap ahead. *Now We put all the explaination on the chart* Enjoy! *DISCLAIMER: This isn't a recommendation to buy or sell cryptocurrency, only an Outlook from technical perspective. *FOLLOW FOR MORE CONTENTS AND UPDATES*
Short
by financialfreedomgoals101
CAKE/USDT BULLISHCAKE has been in a downtrend since ATH, the bottom could be in. The price is also at an all-time low currently. Boilinger Bands indicator show a breakout at 7,50ish. If price movement could break through 9,00 resistance, we will see an uptrend. Combination of breakout on Boilinger Bands and resistance level could be huge. Fundamentals: Pancakeswap (CAKE) is the market leader for BSC DEX´s. Pancakeswap holds the most number of coins, pairs, visits and also has the highest market share on BSC (Binance Smart Chain). Entry: 7 - 10 USD Target: 40 USD (300 - 400% gain) Not financial advice.
Long
by vf_investment
PancakeSwap (CAKE) - January 22Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (CAKEUSD 1W Chart) Above the 9.0760290 point: the uptrend expected to continue Above 16.1961041 point: Expected to create a new wave. If it does not quickly rise above the 9.0760290 point, it may enter the mid- to long-term investment area, so careful trading is required. However, it is important to move sideways around the 9.0760290 point to break out of the downtrend line. It must rise above the 16.1961041 point to turn into an uptrend. ------------------------------------- (CAKEBTC 1W chart) Above 0.0002903 point: Expected to create a new wave. It must rise above the 0.0002903 point to turn into an uptrend. If it declines from the 0.0001652 point, there is a possibility of entering the mid- to long-term investment zone, so you need to trade cautiously. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, 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 be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for 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 been released yet. (Since it was not disclosed, 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 can be made through split trading. It is a short-term investment perspective.) ---------------------------------
BINANCE:CAKEUSD
by readCrypto