Descending triangle followed by breakthroughs. Possibly going lower than this in a few hours
CAKE has seen quite a bumpy start since it got added to BINANCE recently. With Bitcoin in a bit of distress, I suspect CAKE will see some more bearish price action in the coming few days. Accompanying that bearish move, I also see a strong reversal trade for CAKE in the future. Before entering this trade wait for the price to close below the Entry line. Higher...
SINCE CAKE IS AN EXCHANGE TOKEN OF PANCAKESWAP, MY BIAS HERE IS LONG!
YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can...
CAKEUSDT has been trading in a descending channel formation and has been flirting with its trendline resistance placed in the range of 15.80-16.00USDT. In the past 24 Hrs, trading volume(CAKE) has increased sharply by more than 64%. And, the whole DeFi segment has been trading in the positive territory, with UniSwap gaining more than 15% in 24Hrs. Key...
Looking for a possible breakout of the falling channel followed by a possible inverted Head and Shoulders . My entrance level would be at the bottom of the right shoulder depending of the market ( BTC / BTC .D) at that time. Always safer to enter a confirmed breakout.
There are signs of a trend breakout. There is a false break of the support We just have to wait and break the trend Goals 18.4 21 Stop Loss 9.1 Anyone who wants to support me with cake 0x381207a3a560a65f745ca3e1dac2514c2ddd9955
CAKE has alreadyy dropped around 18% over the last few hours. Pancakeswap's native token has shown that it has a strong community behind it that supports the project and a lot of legit projects coming to the platform consistently. The chart seems that there will be an upward progression and CAKE can giv a profit of 10% in short term positions.
Cake USDT, even on Bearish level has the potential to go with 18 - 22 an a take profit area! So, what are you waiting for? Accumulate some sour now and get sweet part on the future!
DISCLAIMER: This is not a financial advise. Do your own diligence
PancakeSwap's native token, CAKE, is something that has given a lot of profits to investors with its movement so far. The price keeps growing steadily and we can see a smooth upward trend in the chart which seems that it will continue in the future as the chart shows there is not any strong resistance in the way to go UP. Happy gains and Happy trading to everyone!
CAKE is one of the newest additions to Binance. On the first day it was trading in a huge 300% percent range, indicating that there was a lot of interest in this coin. Like often happens with new listings, there's a lot of volatility in the first day, after which the volatility dies a little, only to pick up again at a later stage. Bitcoin's most recent sell-off...
Hi Folks, after a longer period of focusing on my trading I am back with some ideas. Not sure you are familiar with the Binance Smart Chain (BSC). Basically it is like the Ethereum network, but with appropriately low transaction fees. PancakeSwap is a Binance Smart Chain-based DEX (decentralized exchange). I wasn't really aware of it until the recent Binance Coin...
Good morning to all respected Investors and Traders, I made a simple analysis for CAKE/USDT after the token listing on couple of exchanger It's so Bullish a long long run.. I reckon you guys to entry at my sign, HODL, and Time will tell.. Thanks, critiques and comments are super appreciated PS: This is not financial advisory or even education. Please DYOR...
CAKEUSDT - Long - Potential 14.32% Entry- 16.255 TP1- 16.913 TP2- 18.583 SL- 14.787 - Trigger - Pullback +++High Risk+++ - BTC volatile - RR - 1.5 - Trailing Buy - 1% - Trailing Profit - 1% - Trailing Stop-Loss - no