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Pancakeswap

🔥 CAKE: Is The Dump Finally Over?The last time that I looked at CAKE was around a month ago. Here I argued that CAKE was one of the weakest tokens on the market currently and that more bearish pressure was mounting. Since my previous analysis, CAKE dumped even more and reached the area around the all-time lows since trading on Binance. Historically, this area of strong support has caused huge reversals for CAKE. With CAKE seeing a new reversal from said area, there's a decent chance that we're going to see more bullish price action in the coming weeks. Target for the current move would be the top resistance of the triangle, around $16. Happy trading!
Long
by FieryTrading
14
CAKE ( Pancake ) is at Major Support LevelCurrently pancake (CAKE) is trading at its major support level. This support level is very crucial for the CAKE to hold its double digit price. In the past this support level acted as bounce back price for pancake. If you are planning to add some CAKE to your portfolio then this is a good time buy and if the price goes lower then probably you can do DCA after that. You can also get 70+% APY by staking CAKE at pancakeswap exchange. Stay tuned for more updates.
Long
by GreenCryptoTrades
6
CAKEUSDT: SELLING PRESSURE ON PANCAKE SWAP, WILL IT GOES DOWN?Hello Enthusiast Coin Traders! Here's medium-term outlook for CAKEUSDT , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) CAKEUSDT broke out of the Rising Wedge pattern. Rising Wedge Pattern indicates a potential bearish movement ahead. The MACD indicator starts crossing down below the zero level, it signify the potential bearish bias ahead. The roadmap will be invalid after exceeding the resistance/target area. DISCLAIMER: This is only an outlook, not a recommedation to buy or sell the cryptocurrency.
Short
by financialfreedomgoals101
1
PancakeSwap H4 LongPancakeSwap H4 Long. The investment information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy service is provided individually, taking into account the risk and return preferences of the individuals. The content, comments and recommendations contained herein are of a general nature, which are not in any way directive. These recommendations may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not produce results in line with your expectations.
Long
by HasanCn
PancakeSwap (CAKE) - December 7Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (CAKEUSD 1W Chart) - Mid-Long-Term Perspective Above 9.0760290 point: Expected to create a new wave. (1D chart) It is necessary to check whether it is possible to ascend with support in the volume profile section formed in the section 10.8786252-16.1961041. If it declines from the 9.0760290 point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required. To accelerate the uptrend, the price should remain above the 19.0812658 point. ------------------------------------------ (CAKEBTC 1W chart) 1652 Satoshi point and above: expected to continue upward trend 2903 Sakoshi point and above: Expected to create a new wave. ------------------------------------------ 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 moves accordingly with the movement of price and volume. 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