CAKE 4X!Good indicator for the price of exchange token is the volume of the exchange. It is the trust and also part of the revenue flow into the token.
Pancakeswap has volume 200M more than Uniswap. Pancakeswap is just all the time increasing the popularity since the fees on ETH network has made it impossible for majority of users to trade on Uniswap.
Yet Cake the native token of Pancakeswap is 4X lower at price than UNI the native token of Uniswap. This means that it's only a matter of time before the token follows the exchange and takes over the UNI same way as Pancakeswap took over Uniswap.
CAKE is being burned at increasing speed since the more volume the more fees collected and more CAKE burned. It's a matter of time for the CAKE token to over take the UNI in trading volume and thus over take it in mcap as well.
Uniswap
Uniswap rallies 42% in 4 daysUniswap aims to replace centralized exchanges, exchange market makers, and specialists with decentralized liquidity pool-providing individuals and bots for efficient trading of cryptocurrencies and tokens on the Ethereum blockchain.
Go to Uniswap to exchange ETH for AAVE, BAL, COMP, LINK. Create your own token pair for other users to trade, provide liquidity and earn trading fees.
After 4 strong up days, UNI/USD is up 42%. Previous rallies of such magnitude were followed by retracements.
I would wait for a 25% to 40% retracement of that rally before going in, but Uniswap will be added to our portfolio at the earliest opportunity. Did you know it is up 1,100% in 6 months?
MAKERDAO PENNANT LONG(now which direction)Hello!!!😄👋 I am more bullish... (20 bars/$9.97) is a conservative target in relation to past trends 🐮. Bearish target 1 would be our blue support line at ~$6.201🐻.
I appreciate if you take the time to consider my analysis, would also love to see your viewpoint if you would like to share, now let's take a look. 🔍👀
Was just taking a look at Maker Dao recent and long term price actions, which leads me to believe we are at a very crucial point (as is many tokens/currencies.)🥴
I am not overlooking DAO MAKER simply because of the fact that it has proven very good at maintaining strength in the past, and DAO “decentralized autonomous organization” allow for other tokens in the market to be more secure.💱👌
I would definitely wait for confirmation to get into this trade, as right now would be extremely risky time. We are approaching the end of our pennant pattern, which would indicate we are going to see a strong impulsive wave, either up or down to our approximate targets listed above.🎯🌊
Altcoins like MAKER DAO are greatly affected by the price action of the bigger players such as BTC and ETH, we are currently in a very pivotal time in the market, safest to wait and see if BTC can't maintain above ~53,000 (Amongst other outside factors that would affect this token and many others.)✔🆗
🛑🛑🛑This is not financial advice🛑🛑🛑
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments greatly appreciated!
Thank you so much
Jazerbay
🤍
UNIUSDT (UNISWAP) Resistance Zone BreakoutUNIUSDT (1H CHART) Technical Analysis Update
Resistance zone breakout
UNI/USDT currently trading at $40.00
Buy-level: $39.00 - $40.00
Stop loss: Below $36.70
Target 1: $42.50
Target 2: $45.00
Target 3: $47.50
Target 4: $49.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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UNISWAPTuesday, 27 April 2021
11:39 AM (WIB)
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Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
2 Paths to ELONI think we have established a decent trendline upward. 2 possible paths. Hodling long regardless looking for 800% gains let's get it
Helium (HNT) ABOUT TO INCREASE 40% + AND HUGE INTEREST MINERS Hello trading friends,
We expect a huge increase trend on Helium (HNT), this depending on the study to this coin, and it looks its only about time before it can hit 20 USD +
they have very hot product miners, where the most can earn more than normal miners.
# Data on the internet shows a high interest in this coin, and even the miners sold out for more batches.
all those users will get paid in HNT, in long term will make this the price increasing more.
# do always your own study and take risks depending on risk management, this is our option for this coin.
Have a great day, follow and like for more updates, thank you 😃
ALGO - DIP BUYING LONG TERM INVEST. NOW 1 usd!Hello trading friends,
And here again with a discount coin of 1 USD! we expecting a long-term 2.50 possible target.
hold for a spot.
Discipline is the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly * this is not an advice
FOLLOW AND LIKE FOR MORE CHARTS.
---> Have a great day😃
Uniswap (UNI) - April 24Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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You should watch for any movement that deviates from 28.83657176-35.56287172.
In particular, it remains to be seen if it can rise along the uptrend line.
If you decline at the 30.64308018 point, you need a short stop loss.
However, you can touch 28.83657176 point and go up, so you need to trade carefully.
Therefore, you need to check the location of the closing price.
If it falls at 22.11036180, a Stop Loss is required to preserve profit and loss.
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(UNIBTC 1D chart)
61028 Satoshi-73062 Satoshi We must watch for any movement that deviates from the section.
In particular, you need to make sure you can get support at the 63445 Satoshi branch.
44983 Satoshi-48994 If you fall in the Satoshi section, you need Stop Loss to preserve profit and loss.
It remains to be seen if the bullish can continue within the bullish channel.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately represents the profit can regenerate the profit.
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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)