PancakeSwap's native token, CAKE, is something that has given a lot of profits to investors with its movement so far.
The price keeps growing steadily and we can see a smooth upward trend in the chart which seems that it will continue in the future as the chart shows there is not any strong resistance in the way to go UP.
Happy gains and Happy trading to everyone!
look forming falling wedge aline with FIB 61% level , currently breaking the wedge , looking to buy if it retest around 13$ .
Technical analysis not considering any fundamental .
===Not a financial advice Don’t follow blindly ===
CAKE is one of the newest additions to Binance. On the first day it was trading in a huge 300% percent range, indicating that there was a lot of interest in this coin.
Like often happens with new listings, there's a lot of volatility in the first day, after which the volatility dies a little, only to pick up again at a later stage.
Bitcoin's most recent sell-off...
Hi Folks,
after a longer period of focusing on my trading I am back with some ideas.
Not sure you are familiar with the Binance Smart Chain (BSC). Basically it is like the Ethereum network, but with appropriately low transaction fees.
PancakeSwap is a Binance Smart Chain-based DEX (decentralized exchange). I wasn't really aware of it until the recent Binance Coin...
Good morning to all respected Investors and Traders,
I made a simple analysis for CAKE/USDT after the token listing on couple of exchanger
It's so Bullish a long long run..
I reckon you guys to entry at my sign, HODL, and Time will tell..
Thanks,
critiques and comments are super appreciated
PS: This is not financial advisory or even education. Please DYOR...
Hello to you all. Mars Signals team wishes you high profits at all times.
The price has experienced high degree of falling up until now. We think that it will be able to go passed it’s trend line and experience higher prices.
But if it is able to go out of its uptrend line, as it is out, it will be a good opportunity to buy it.
Of course there is also the...
Given the expense of GAS right now, many are looking for a cheaper DEX alternative. .. And whilst not 100% decentralised (as CAKE runs on Binance Smart Chain) .. I think that given the vertical movement we've seen in BNB today, many DEX investors may have their eye on this one.
Based on latest price action, the channel could be adjusted like this. Took the close of the candlestick for the first high, since the top of the wick would create an unrealistic channel south
CAKE has been listed on Binance today. Being one of the few other DEFI coins tradable on Binance currently, it's seeing a large influx of buyers from the start. Investors are looking at other DEFI projects and how those have been performing lately and, obviously, don't want to miss out on the next hot take: CAKE.
I'm confident to put my targets relatively far...
Technical analysis regarding the price of PANCAKE SWAP in relation of dollar Tether for the next scenarios, based on 15 minutes movement.
In this shorter period chart (yes, M15 is a very warm chart to consider something), but in my view, we can already get valuable information regarding the price.
It is forming a symmetrical triangle (descending tops and...
