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SwallowPremium
Apr 12, 2024 12:34 PM

Pancake Swap Coin(CAKE): 100EMA Is The Target! Short

CAKEUSDT Perpetual ContractBybit

Description

For a long time, we haven't looked at Pancake Swap Coin. We are seeing a good chance of reaching that 100 EMA in the daily timeframe (which would also break the triangle formation we are seeing).

If we reach that zone, we will be looking to trade below that 100 EMA!!

Swallow Team

Comment


Cake coin made a good 18% markup movement, breaking fully from that pattern and also 100 EMA.
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