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Pancakeswap

PancakeSwap Easy 22% Jump Explained!We are looking at CAKEBTC (PancakeSwap) and we can easily see a bullish move developing. Notice how the 16-March low led to a move that was rejected at MA200. Now, we have a new low 12-May which will be followed by another test of the MA200 resistance at 0.0001910. That's a 22% price jump from the current price. The stop-loss can be set right below EMA21/EMA10 (manual). This is not fiancial advice. We will track this one. Namaste.
Long
by AlanSantana
3
PANCAKE-USDTGreetings, Price has been in a downtrend since May 2021, but nevertheless there have been 2 times a bounce from local lows of 100%, the last time in March from a price around $5. After that, a test of the past support zone, around $10, which has now become a resistance zone. Possible entry points to go long: On a breakdown of the downtrend, or look for an entry point on a retest of support around $5 and the formation of a double bottom. Daily chart. A rise and a correction that could be a flag band. The targets when this pattern is worked out will be the length of the flagpole. If you liked this material, in that case, please like it and subscribe so you don't miss anything. Always use STOP, and do not use a leverage higher than x3. A trader must always have tomorrow.
by Kirill_Gaitan
New FixedTerm Staking Works GOOD !With this new fixedterm staking till now PS semi-burned about ~74 Million cake tokens ! And also Pancakeswap is going to redesign tokenomics of CAKE token so they can burn even more tokens weekly ! Then what do you think !? ^_- And if we talk technically as you can see price is in uptrend channel and after this panic sell off it is now going to create a reversal pattern ! So we can have 2 scenarios here : 1- if BTC drops more with bad news we can see lower prices bcuz of market crash ! strong support is around $7.2 next $7 2- but if market starts to heal up again... we can see higher prices again ! first target is around $10 next is around $12 what do you think !? Leave a comment below !
by DrMomeX
1
Do you want some cake?At the request of a subscriber. Breaking through the downtrend on high volumes, it is advisable to bury the day above the current values, the price has not yet corrected the fall, so there is an increased probability of going down to 0.5 fibonacci. The option of working out this scenario is higher if there is a retest after the beating, after the retest, you can apply the fibonacci extension and start from these levels. Option to cancel the scenario closing the day below the downtrend. It is better to enter after fixing above the downtrend Thanks to all investors for trusting us <3
Long
by Colibri_Capital
8