BINANCE:CAKEUSDT   CAKE / TetherUS
The $CAKE price has formed a bull flag on 1D chart . We expect to see another touch of the support area thanks to Bitcoin volatility & on the Verge of Huge Breakout So Keep your Eyes on it

$CAKE is currently trading near a strong support area , Expect a bounce + Flag's upper trendline breakout.

  • EMA200 is laying under EMA55 ,Quite bullish sign.
  • RSI is Printing Massive Bullish Divergence.
  • MACD also got a bullish divergence

Pancakeswap is the largest DEX on BSC chain. Expecting upcoming burnings + events

TIn Case of Upside Breakout, Target would be $30 .Long term targets are 50-60-70$.

The Train has left Station So Fasten Your Seat Belts 😎

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.