Bullflag pattern formingBullflag pattern forming, awaiting breakout and spike in volume for confirmation
CAKEBTC trade ideas
CAKE OpportunityStochastic RSI is very low; a falling wedge is about to break out. With a tight stop-loss, this is a good opportunity. I believe the uptrend could resume now.
CAKE/BTC ultra precise TA, to the pennyprofessional ultra precise TA about true technological inovation that pancakeswap protocole is
CAKE/BTC Bearish Divergence - RSI & volumeTaking profit on CAKE/BTC after a 220% rise from entry. Yes, we broke its previous ATH, but there are two good reasons for being bearish.
1) Bearish divergence across the board (volume & RSI).
2) We should backtest that previous ATH (red line) as support. BTC, ETH, and others consolidated around their previous ATH's for a while before making another impulse up. I am expecting the same to occur here.
This is a piece of $CAKE* cup and handle formation
* coin burn next week
* bullish stochrsi cross
* perfect ema alignment
CAKE longThe trade is pretty obvious and shown on the chart.
I personally bought a $CAKE spot bag.
Very clean s/r levels being flipped with a strong up-trend.
I see this go to at least the listing wick.
Long your longs.
Cheers.
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.
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CAKE - whales accumulating before next leg up .. CZ will pump itYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
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CAKE - Buy the DipBoth the BTC and USDT pairs have swept intraday demand. There is still some untapped daily demand on both, so if we reject and make lower highs at the respective red regions, the blue regions are my target entires. Otherwise, we keep pushing above the red, hopefully with a quick retest, before we pump into Price Discovery.
CAKEBTC kulp hedefiNihai hedef 0.4252. Kanalın devamı durumunda olası bir takoz formasyonu için de takip edilebilir.
CAKE/BTC
CAKE/BTC is currently in a ascending triangle and price is tightening at resistance bulls and bears going to have to make a decision.
Best way to trade this is wait for the break and retest for confirmation its going up.
Also given an aggressive entry example depending what type of trader you are.
cake Climb in case of failure of the resistance levelIf the purple resistance level breaks validly, a good climb is expected. The rsi index has also risen above 50.
Cakebtc posisble long path % 140 !!it will follow one of those paths but all the way will have the same end.
ıt is normal to see h&S or cup and handle during rising. So if you feel it will not break that resistance you can take profit.
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
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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.
The Setup Is Bullish❕ The Main Pattern Is Descending Channel Also ABC correction Completed At 2265 Sat (Here There Is a 0.618 Fibonacci Level Too) ,If The Price Take Hold Above The 2380 Level Breakout Could Happen Soon
🔴 Stop loss zone : 2120 ~ 2100
