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CryptoPatel
Dec 29, 2021 5:31 AM

CAKE/USDT ( PancakeSwap ) is support bullish toward $50 Long

CAKE / TetherUSBinance

Description

#CAKE/USDT ( PancakeSwap )
Request Chart:-

CAKE currently trading around $12

And CAKE is strong exchange coin so Its always better to hold in Long term.

And also CAKE giving good Staking ROI around 70% APR

Now as per chart $11-$12.20 is good Accumulation zone.

Targets will be Very high if breaks $17 Strong resistance level.

After Break $17 I personally expected it can Hit $50 and $100 also Possible in Long term.

Its all about Targets.

Stop Loss:- As per chart CAKE will be bearish below $10

So any daily candle close below $10 that not good for Bull.
Comments
beRich69
thanks for your analytical view, very clear, I agree with your opinion about CAKE. It is a large platform coin, and very stable for long-te
ProjectSyndicate
alright this is perfect thank you
SabahEquityResearch
Awesome analysis, thanks for sharing
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