CAKE reacted positively to the support of the range of $3.56 to $3.63 and continued to move upwards again. In the daily timeframe, a higher ceiling has been recorded than the ceiling of the previous downward wave, indicating the medium-term conditions are bullish. Therefore, there is still a possibility of retesting the resistance and breaking the resistance in...
The CAKEUSDT price has been in a falling trend channel since April 2021.
In fact, almost immediately after "the hype CAKE" exited into the market, when the price of CAKE rose from $10 to $44 in a month, the search for a fair market price began.
Looking at the chart, we can see aggressive buying of CAKEUSD from $3
After, buyers of PancakeSwap twice time bought...
PancakeSwap is the place you trust when it comes to swapping your AltCoins.
Its symbol: CAKE ( CAKEUSD , CAKEBUSD , CAKEUSDT ).
If you take a look at this one, it's a no-brainer.
Things are looking up.
Although the Crypto Markets have been smashed lately, the Sun will shine on almost all projects.
And I intend to be ready. Got myself a portfolio and adding...
💁♂️ HI Everyone,
As you can see, according to the analysis, the price increased by 26% 🔥✅ from the specified range.
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PancakeSwap (CAKE) technical analysis:
Trade setup : Bullish breakout from a Falling Wedge pattern, which could signal a trend reversal and upside potential to $4.00 resistance and 200-day moving average.
Patterns : Falling Wedge It usually forms after a downtrend and suggests a potential bullish reversal in the original downtrend. When price breaks the upper...
Pancakeswap has been one of the popular crypto asset in the market. CAKE price has displayed acute strength ever since it formed its lows by the mid-June 2022. It was on its path to reclaim the lost levels, but the recent FTX-fiasco flipped the entire market flipped and fell into a deep bearish trap, from which the CAKE price is unable to make a comeback....
CAKE had a range trend during the last week. Its price fluctuates between two very important resistance and support levels corresponding to the 4-hour time frame. The support was considered in the range of $3.42 to $3.65, and its resistance was in the range of $4.10 to $4.20. If the resistance and range of Bitcoin are broken, we can expect to see the price...
CAKE had a sharp downward trend during the past weeks. After the buyers brought the price to the resistance level of $5, there was a strong reaction in this area, and the saving of profit by the buyers, along with the selling pressure that was applied in the whole market, caused a 30% price dump of this currency. The support level that was considered in the range...
💁♂️ HI Everyone,
As you can see, the price is in the range of 3.82. In a 3-day time frame, if the price penetrates below the 3.60 range, the price may be accompanied by a correction to the $3 range. 💹
Support Ranges $3.30/3.10$/2.45$ ⚠️
Maintaining the specified range is important! !️
We may see further correction if we lose the 2.45 support range. ❗️⚠️
Due to what happened to FTX recently, it will be good opportunity to invest in best DEX currencies like uni, cake and others. also watch out for short positions on centralized exchange's currencies in an appropriate time.