PancakeSwap 2 Possible Buying Scenarios
Hello Friends!
Looking at the Daily graph, it looks like there are two possible buy entry scenarios for PankcakeSwap.
Scenario 1:
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It may reverse from around the same area where it is trading at the moment with a proper price action.
Scenario 2:
It may bounce back strongly from the tested support zone coming ahead.
In both cases, I am with buy and would not consider SELL. So I suggest if you have already bought it, then hodl. It shall regain upward momentum soon.
Good Luck!
Happy trading
Regards,
CrypFo Trader
Looking at the Daily graph, it looks like there are two possible buy entry scenarios for PankcakeSwap.
Scenario 1:
==========
It may reverse from around the same area where it is trading at the moment with a proper price action.
Scenario 2:
It may bounce back strongly from the tested support zone coming ahead.
In both cases, I am with buy and would not consider SELL. So I suggest if you have already bought it, then hodl. It shall regain upward momentum soon.
Good Luck!
Happy trading
Regards,
CrypFo Trader