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Cakebtc

PancakeSwap (CAKE) - April 9Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also ask for the "Like" clock. Have a good day. ---------------------------------- Shortly after the chart was created, the support and resistance points are weak. Check only the flow of the chart. You should watch for any movement that deviates from the 19.4166740-21.9057849 section. If you decline at 16.1961041, you need a short stop loss. -------------------------------------- (CAKEBTC 1D chart) 3289 Satoshi-3686 Satoshi should be watched for any movement that deviates from it. The next expected volatility period is around April 12th. -------------------------------------------------- ------------------------------------------- ** 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)
BINANCE:CAKEUSD
by readCrypto
New rocket🚀Wassup One more Flag pattern Check CAKEBTC. There is an interesting formation for you. The price followed trend and broke resistance after consolidation. Possible retest of new support zone is expected. So follow the chart and look for the best price to enter carefully. _____________________________________________________ If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".
Long
by Berzerk_invest
5
PancakeSwap (CAKE) Project Overview + Targets (245%)What Is PancakeSwap (CAKE)? PancakeSwap is an automated market maker (AMM) — a decentralized finance (DeFi) application that allows users to exchange tokens, providing liquidity via farming and earning fees in return. It launched in September 2020 and is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker model where users trade against a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return. These tokens can later be used to reclaim their share of the pool, as well as a portion of the trading fees. These LP tokens are known as FLIP. PancakeSwap also allows users to farm additional tokens such as CAKE and SYRUP. On the farm, users can deposit LP tokens and get rewarded with CAKE. PancakeSwap allows users to trade BEP20 tokens, provide liquidity to the exchange and earn fees, stake LP tokens to earn CAKE, stake CAKE to earn more CAKE and stake CAKE to earn tokens of other projects. Source: Coinmarketcap.com -------- Here we have CAKEBTC (PancakeSwap) with a bullish chart setup. Prices moving above EMA21 and bullish action only in the past four days. You have multiple targets marked on this chart up to 245% of potential profits. This is not financial advice. Thanks a lot for your support. Namaste.
Long
by MasterAnanda
11