Get started

Pancakeswap

PancakeSwap (CAKE) - May 26Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (CAKEUSD 1D chart) We have to see if we can get support in the 17.7234416-20.4991555 range. In particular, we have to see if we can get off the downtrend line. In order to turn to an uptrend, it must rise above the 22.7592469 point and gain support. If it falls below the 11.4213659 point, it can take quite a long time to rise, so you need to trade carefully. --------------------------------------- (CAKEBTC 1W chart) (1D chart) 4053 Satoshi-5358 We must watch for any movement that deviates from the Satoshi section. In particular, it remains to be seen if it can rise along the uptrend line. We have to see if it can rise above the 5358 Satoshi point in order to turn to an uptrend. In particular, we have to see if we can get off the downtrend line. -------------------------------------- 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 corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** 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: Market price at the time of opening (Example) Gap (G1-G2)
BINANCE:CAKEUSD
by readCrypto
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.
BINANCE:CAKEUSDLong
by YousufSheikh9
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.
CLong
by Chibuike_Odoh
CAKEUSDT - How to find a good CAKE entryCAKE and pancakeswap are trending hard right now, its a great defi solution that's innovative and has triple A backing in Binance. The common thought for most is, how can I get in on that profit?! One way to do it is buy low, sell high! In order to buy low, you need a good entry, luckily, I think I've found one! In todays video I go over how I find potential entries for profitable trades and apply it to CAKEUSDT === TimeStamps === 0:00 = Welcome! 0:35 = Patterns 1:20 = Fibs 5:20 = Resistances 7:30 = Price path 11:00 = Entry 12:05 = Stop limit 12:30 = Take profit 14:45 = Fundamentals 15:15 = CoinMarketCap 17:30 = Tradingview ideas 18:50 = CoinMarketCal 19:20 = r/pancakeswap
Education
by tommytoan11
Cake (Pancake Swap) : Learning The Bull Flag PatternBull Flags (Shorter Term) Currently on CAKE:BTC we have a Chart Pattern called a Bull Flag forming. Which I have explained below & in the above chart. • BEST ENTRY IS often when price fakes out under support or above resistance • MIN 2 Touches each side • PRICE MUST MOVE STRAIGHT UP or DOWN BEFOREHAND (or it is not a true flag pattern • HIGHEST SUCCESS RATE of any chart pattern To identify a Bull or Bear flag pattern the first key characteristic is the FLAGPOLE. The flagpole is usually a staight upwards or downwards move, if the flagpole is not abnormally straight upwards/downwards then it is probably a poor example of the pattern. Price should then consolidate in a parallel channel (it can be sloped), this is the “flag”. The flag is a pause in the market before a up-move or down-move and we measure the flag pole for a possible price target. Bull & Bear Flags according to backtesting have the highest success rates out of any chart pattern - success rate being when they hit the potential measured move (the original flag pole height is measured, and added to the swing before BREAKOUT for a possible price target as shown in the diagrams). The first entry is on the 4th touch of the pattern. It is also common for these patterns to have a THROWBACK (also known as bullish / bearish retest) before continuing in the direction of the breakout, this is marked as point (B) on the chart and the second entry point. Look for bull flags forming on top of long term resistances (not below) and the opposite with long term supports on bear flags to increase probability of success also. ---------------------------------------------------------------------------- So while CAKE continues to form then breaks out and stays above this Bull Flag pattern we have a higher probability of strong upwards movement, we will need to see the price eventually claim the 6600-6800 satoshi area as support for this to have a chance of happening. See idea linked below for further education on Bull Flags. If you find this information insightful feel free to show your support by liking & commenting, thank you :)
Long
by Worth_The_Ri5k
2
Ready For The Next Cake Party?🥞/Super Bullish/Previously on Cake: - Just broke it's bull flag. - Retest successful - Rsi forming a good trend - Follows Bnb and Bnb mostly follow BTC / BNB is very bullish moving up to $750/ Episode2 *Cake was resting in bull flag after the party! *Hangover mode of the cake is going away! *I fell bullish for the next few weeks. *LET'S FIRE THE SECOND ROCKET.(There will be more rocket to fire) It's always good point to buy cake but If you are looking a point to buy more just wait for few drawbacks to the up trendline and buy it! /Deff. Not financial advice/ Follow if you like and wanna see more updates on cake. How bullish is the cake-🥞🥞🥞🥞🥞🥞🥞🥞🥞🥞🥞🥞🥞
Long
by MinimumWagerLvl1
7
CAKEUSDTthis alt has the potential to reach unbelievable values as fundamental but technically the bulls show complete dominance in the chart therefore we consider the last slippage as a correction and go for our targets safely another mean of publishing this post was introducing a token listing today (10th of may) in pancake swap in name of wealth locks (WLT) strongly recommend to hold it for more than 3 months for a great fortune current value is 47.13$ you can do your researches and then enter such a signal as our observer reported this token showed a healthy fluctuation and we are getting heavy in it with this value . . . if you entered like we did just head in private chat and discuss the values there 👉This idea has the confirmation of "advanced price action" 👉For more information don't be shy and get in private chat of trading view 👉Hit share and spread the information in public chats or your twitter for everybody to get profit
Long
by the-crypto-analyzer