Buy Cake LongHere's Pancake swap idea.
What is Pancake swap?
Pancake Swap is the leading decentralized exchange on Binance Smart Chain, with the highest trading volumes in the market.
Market Cap Rank #46
All-Time High $43.96
All-Time Low $0.194441
Next Move expected with another Bull run.
My Entry Targeted Price is $9.1 with TP @$68 to $70.
Stop loss $5
Watching Pancake as a best opportunity.
$100 investment on Pancake: You'll get 10.98 coins. If we hit our target at $70 our profit will be $768.6.
Good Luck.
Cakeusdt
My idea for CAKE/USDT for the weekendI'm just a beginner chartist but I cannot ignore this double bottom pattern potentially forming.
If the red dynamic resistance line is broken with some volume (and retested) then a break above the purple neckline may be in the books, followed by a break above the last support turned resistance. If then that level is retested and it holds then we are looking forward to a move higher up. Please watch all the key levels that I circled on the chart. If you go long use proper stop losses and you may also want to take small profits on the way up at the key levels.
Remember, the bull trend has not yet been confirmed on the 4-hourly chart, we are still officially in a bear trend on the short term. We may as well see further downward movement regardless of my observations.
CAKEBUSD (PANCAKESWAP) - BULLISH SETUPANALYSIS 🔎
- CAKEBUSD is on a mid-term uptrend supported by the ascending trendline support.
- The market hit an all time high (ATH) and retraced.
- Price is retesting the flip horizontal support, the ascending trendline support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- The retracement is resisted by the descending trendline resistance.
- Breakout above this descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Aggressive entry : the key fibonacci retracement zone .
- Conservative entry : breakout above the descending trendline resistance.
TARGETS 🎯
- All time high (ATH) resistance.
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support and 0.786 fibonacci retracement level.
CAKE/USDT 1H broke our and now entered in Bull zone#CAKE/USDT LTF TA Update :-
$CAKE currently broke out 1H resistance line and entered in Bullet zone.
Our entry also filled at $28-$29
Now in Profit.
My Targets still the same.
Targets:- $40/$44/$50/$61
1H support:- $30.60
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CAKE/BTC Ready for Breakout...?#CAKE/BTC TA Update:-
#CAKE currently trading at 6200 satoshi
I am waiting for the break-out Upward side.
Waiting Resistance line break out.
After we can see skyrocket.
So I am accumulating some #CAKE here and waiting for dip also.
Entry:- 6200-5600 Satoshi
Targets:- 7238/7983/9000/9877
Stop Loss:- Will Update
Support: 5900/5600
Resistance:- 7238/7983/9000/9877
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Cake looking forward to a possible step up to $70This log chart channel looks nice to me.. When comparing the average percent gains after previous consolidations - and given the steady growth I expect to see with CAKE as the utilization of BSC continues upward - the target of around 100% lands on a FIB level @ $70. Although It's possible we may dip down to touch $33 mark before heading up according to the FIBS. To me this appears to be numerical confluence hinting at an approximate target.. Tell me where you believe CAKE is going in the comments..