PanCAKEswap has been seeing some explosive growth. Here's me back at $16 with a ton sitting in a syrup pool wishing I just had of...
haha, isn't the crypto life just full of near hits and misses?
If you missed out on the CAKE party, here's some ways to get a seat at the birthday table. Its a classic case of the FIB support play. If we come down further, have a buy order set for either of the 2 green buy zones I have charted. Being active in these trades with a stop limit is ESSENTIAL.
Do not floopflop around with this trade idea if you aren't using a stop limit, that would be crazy.
Until further patterns develop, these are some decent plays.
Lastly, be careful over the next few days, BTC isn't exactly out of the woods, we have some major resistances to break coming up and there's a chance at all of them that we experience what we did today, a VERY sharp rejection.
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CAKE TRADE
-=-=-=-=-=-=-
BUY: $34.5 OR $32
TARGET: $44
STOP: 5% BE TIGHT WITH IT!, when catching a falling knife you gotta be careful, otherwise it may just go straight through your hand!
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Fundamentals
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Rank #25
Market Cap = $6,200,866,276
DEFI
Supply: 160,447,894
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*Tokenomics are good, they burn lots... actually they may be really good tokenomics. I have used the dapp a bit, they always adding new things. Very active project. Is it worth $40? is it worth more? ... if we assume further growth in crypto... defi is a massive sector... yeh look maybe $100 for CAKE eventually?
haha, isn't the crypto life just full of near hits and misses?
If you missed out on the CAKE party, here's some ways to get a seat at the birthday table. Its a classic case of the FIB support play. If we come down further, have a buy order set for either of the 2 green buy zones I have charted. Being active in these trades with a stop limit is ESSENTIAL.
Do not floopflop around with this trade idea if you aren't using a stop limit, that would be crazy.
Until further patterns develop, these are some decent plays.
Lastly, be careful over the next few days, BTC isn't exactly out of the woods, we have some major resistances to break coming up and there's a chance at all of them that we experience what we did today, a VERY sharp rejection.
-=-=-=-=-=-=-
CAKE TRADE
-=-=-=-=-=-=-
BUY: $34.5 OR $32
TARGET: $44
STOP: 5% BE TIGHT WITH IT!, when catching a falling knife you gotta be careful, otherwise it may just go straight through your hand!
-=-=-=-=-=-=-
--==--==--==--
Fundamentals
--==--==--==--
Rank #25
Market Cap = $6,200,866,276
DEFI
Supply: 160,447,894
--==--==--==----==--==--==--
*Tokenomics are good, they burn lots... actually they may be really good tokenomics. I have used the dapp a bit, they always adding new things. Very active project. Is it worth $40? is it worth more? ... if we assume further growth in crypto... defi is a massive sector... yeh look maybe $100 for CAKE eventually?
