So it seems $CAKE has woken, finally, a bit.
Well I´m falling short: The Pancake Swap token has seen a horrible $5 figure lately (all time low!) and being back in a $9ish track is no small thing for holders/stakers.
We were in a pretty neat uptrend channel up until March 22nd morning (10am more precisely) when bitcoin made a bold correction downwards dragging everything crypto with it.
Interesting enough, $CAKE attempted to regain such channel but ending up rejecting the $9.5825 level on April 1st, 16pm.
Thereafter it was a swing low only stopped by Fibonacci 0.618 (approx. $8.78-80) and .... Voilà ! A new cloned parallel channel was formed, identical to the prior one.
That´s where we are right now.
Expected oscillation is between 9.89-9.2859 finally leading to a long-waited $10.17 value (perhaps on the 4th of March).
We all hate mondays but...
Keep tuned for more CAKE news!
Well I´m falling short: The Pancake Swap token has seen a horrible $5 figure lately (all time low!) and being back in a $9ish track is no small thing for holders/stakers.
We were in a pretty neat uptrend channel up until March 22nd morning (10am more precisely) when bitcoin made a bold correction downwards dragging everything crypto with it.
Interesting enough, $CAKE attempted to regain such channel but ending up rejecting the $9.5825 level on April 1st, 16pm.
Thereafter it was a swing low only stopped by Fibonacci 0.618 (approx. $8.78-80) and .... Voilà ! A new cloned parallel channel was formed, identical to the prior one.
That´s where we are right now.
Expected oscillation is between 9.89-9.2859 finally leading to a long-waited $10.17 value (perhaps on the 4th of March).
We all hate mondays but...
Keep tuned for more CAKE news!