PancakeSwap CAKE - The Road to $150PancakeSwap is the place you trust when it comes to swapping your AltCoins.
Its symbol: CAKE ( CAKEUSD , CAKEBUSD , CAKEUSDT ).
If you take a look at this one, it's a no-brainer.
Things are looking up.
Although the Crypto Markets have been smashed lately, the Sun will shine on almost all projects.
And I intend to be ready. Got myself a portfolio and adding gently to it on most big dips.
HODLing requires patience, but time passes anyway, so might as well do something with it.
My next buying point is: $1.2 .
So, let's ramp things up with some awesome CAKE Trade Idea.
CAKEBUSD Technical Analysis:
* Elliott Wave Impulse: Cycle a (white)
* A-B-C Elliott Wave Correction: Primary A-B-C (red)
* Ending Diagonal in Primary C (red)
* Bullish Divergence
* 88.6% Fibonacci Retracement
* 61.8% Fibonacci Extension of Primary A &B (red)
* Demand Zone
* Double Bottom
Early '23 I'm expecting a start of a greater cycle.
Good luck HODLers!
Cakeusd
Cake, A Long-Term Theory (PancakeSwap)Hello Friends.
How are you today ?!
I hope you feel great and always be happy and successful.
Do you agree that you can buy cake at a great price in this area?
I have identified price reaction areas to this descending channel and drew circles in different colors. please focus on these colors.
some of them mean reacting to the top of the channel (Green Circle). some of them reacted to the mid-line (Purple circle)and finally, I expect the price to touch the last red circle around 50 cents at the end of the correction. what do you think?
You should look for a divergence at the End of the movement and then buy and hold for the long term. I think it's the best zone to buy. So, don't hesitate to buy in this zone.
I tried to explain easily, fast, and understandable.
Feel free to let me know in the comments section below!
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! **
Sincerely Yours
Ho3ein.Mnd
CAKE📊 #cakeusdt
⏱ TIME : 1W
📝It is reaching very important areas for spot purchases, and you can make purchases in a gradual and managed manner. It has also been checked for fundamental analysis and is a sustainable and strong project for the future.
📍The initial buying limit: 1.18 $
📍The second buying limit: 0.47 $
📌TP1 : 1.45 $
📌TP2 : 2 $
📌TP3 : 2.9 $
📌TP4 : 5.5 $
✅TS ❕ CAKEUSD: ATL✅✅ CAKE is dropped to the support level.
The price repeatedly reacted to the current level.
The asset will bounce again from the current values. ✅
🚀 BUY scenario: long to 2.855 🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
CAKEUSD ❕ oversoldTrading volumes declined on the correction.
On the 4H Timeframe, the RSI chart fell into oversold zone, and TD Sequential formed a reversal signal up.
The RSI chart, price movement and volume dynamics formed a bullish divergence (4H and 1H TFs)
I believe that the asset can bounce if it holds the current support level.
✅TS ❕ CAKEUSD: support area✅✅ CAKE/USD continues to move near the support area.
The chart is trying to throw out unnecessary traders.
The price will rise. ✅
🚀 BUY scenario: long to 3.798 🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
CAKE IS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the CAKE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
✅TS ❕ CAKEUSD: descending wedge✅✅ CAKE has formed a descending wedge.
The asset is above the support area.
The price will start to reverse soon. ✅
🚀 BUY scenario: long to 3.92 🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
CAKE Idea for Long tradeLow risk, entry price: Above $3.890 till $3.900
Medium risk, entry price: ==> 1. Above $3.850 in Yellow Area & 2.After 1H or 2H candle sticks close in Yellow Zone above $3.850, it means that can be close to Uptrend line
CAKE vs USDT CAKEUSDT CAKEUSD BINANCE:CAKEUSDT CRYPTO:CAKEUSD
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
CAKE Proffesional Analysis PancakeSwap, a decentralized exchange built on the Binance Smart Chain, is currently generating a lot of attention in the cryptocurrency market. The recent bullish trend seen in the 20 and 50 exponential moving averages is providing a positive outlook for the asset. This crossover of the EMAs is a positive sign for traders and investors, indicating that the price of PancakeSwap is likely to move upward in the near future.
Furthermore, the daily chart for PancakeSwap shows higher lows, a bullish pattern that is further supporting the positive outlook. The fast transaction times, low gas fees, and high liquidity on PancakeSwap have made it a popular choice for decentralized trading, and the current bullish trend is only adding to the excitement around the project.
However, as with any investment, it's important to keep in mind that cryptocurrency markets can be highly unpredictable. It's essential to do thorough research and understand the potential risks before making any investment decisions.
Overall, PancakeSwap is worth paying attention to as the asset continues to display bullish signs and potential for growth in the decentralized exchange market. With a strong following and increasing popularity, PancakeSwap is one to watch in the near future.