CAKE / BUSD breakout on binance: I bought the topADDING to my small position on CAKE / BUSD pair on binance, breakout of base.
Looks like a good breakout. I bought near the top of this breakout with a 13% stop. Risky? Yea but there's a lot of momentum behind CAKE and BNB (binance) now.
Profit taking target is probably 1/4 or 1/3 at 30%+, and letting it ride depending on market conditions.
CAKEBUSD
CAKEBUSD - Quo Vadis? Bullish Idea - 225% up?Ok friends, time for an update. I do not have a pro account, hence, publishing my updates separately.
- RSI Bullish
- MACD Bullish
- Broke the trend line and we wait for a retest here
The targets seem crazy at first, but this one seems to follow sushi, uni and co. IFO listings, lottery, farming, staking, swapping. A good alternative to uniswap with small fees. With a little bit of volume this baby will blow through the resistances. Watch!
CAKE - POSSIBLE BULLISH SCENARIO- POSSIBLE BREAK OF SYMMETRIC TRIANGLE.
- BIG RESISTANCE ZONE IN 0.5, 0.618 OF FIBBO EXT.
- BIG SUPPORT AROUND 6.
- NEXT TARGET AROUND 11.
- FIBBO 1.618 = 26.6
Cake usdt will rise againSlight cooling of the cake after large candles.
Cooling down of cake ema and slices taken off trading volume.
Expect to see more cake action.
CAKE busd to climb to the $6.50 areaGood strong growth from CAKE.
Slight slowdown on the 1h chart but EMA still trending strong.
Pancake Swap TrendThe last month has been quite a ride for the easily accessible swaping and staking platform "PancakeSwap". Here we can see in a 4 day cycle they have had a steady increase of 78% up to a maximun 123%. Since the platform hasnt reach its full potential and if it keeps following this trend. It will pass by uniswap in the following month to come. Give it atleast 3 more cycles and we could see the price increase anywhere from $10 to $25. Since the platform burns excess coins by lotery and has an easy to understand platform. They also have pools with 100%+ APY with extremely low fees that help increase value.
If your new to the crypto world, do not jump quickly into a swap. First dip your toes with simple exchanges and once you feel you have a firm understanding, concentrate your attention to platforms like PancakeSwap. BINANCE:CAKEBUSD
CAKE busd to come back down to 4h support levelCAKE busd to come back down to 4h support level.
Slow down of trading and declining EMA.
CAKEBUSD - Neutral, with potential reversal signsTo keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome.
Trend: bullish (HH, HL), but getting harder to make HH with reducing volume
Note:
- Hard to get a read on this chart. Potentially forming a rising wedge that could break down.
- Volume decent, but decreasing
Trade:
- No clear trade that I see.
- Could continue upwards if we break/close above 4H resistance. Would trade the breakout and retest
- 3 decent wicks above resistance tho, buyers could be getting exhausted and we could retrace to 0.618/D1 support level
$2.90 Cake busd looking to move higher$2.90 Cake busd looking to move higher.
Constricting support and resistance levels.
CAKEBUSD 1D-TIMEFRAME ANALYSIS✨CAKEBUSD 1D-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for PancakeSwap CAKEBUSD
I expect the price to move higher...
I hope my idea is clear
Support me by like and share
Stay Safe💯
Good luck💰
#CAKEBUSD #DAILYHi guys..its the latest analyze chart of CAKEBUSD .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
CAKEBUSD 1D-TIMEFRAME ANALYSIS✨CAKEBUSD 1D-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for PancakeSwap CAKEBUSD
I expect the price to move higher...
I hope my idea is clear
Support me by like and share
Stay Safe💯
Good luck💰
CAKE PancakeSwap Bullish Divergence 5X 10X Possibility CAKEBUSDCAKE PancakeSwap Bullish Divergence 5X 10X Possibility CAKEBUSD CAKEBNB
CAKE/BNB BINANCE4H hollow candles.
asymmetric triangles have formed.
we might expect the same price movement as well.
Good Luck
