Cake, A Long-Term Theory (PancakeSwap)

Hello Friends.
How are you today ?!
I hope you feel great and always be happy and successful.

Do you agree that you can buy cake at a great price in this area?

I have identified price reaction areas to this descending channel and drew circles in different colors. please focus on these colors.

some of them mean reacting to the top of the channel (Green Circle). some of them reacted to the mid-line (Purple circle)and finally, I expect the price to touch the last red circle around 50 cents at the end of the correction. what do you think?

You should look for a divergence at the End of the movement and then buy and hold for the long term. I think it's the best zone to buy. So, don't hesitate to buy in this zone.

I tried to explain easily, fast, and understandable.

Feel free to let me know in the comments section below!

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Sincerely Yours


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