cake probably grows by hitting the bottom of the canal to the top of the canal.
There is also a positive divergence.
The RSI indicator is in the sell-off range
my last prediction was to stay out of the market when the cake was on 25 $ (you can see the idea in my profile)
as we saw the cake has already reached its 61,8% fibo , while the other alt coins haven't yet ,and that's because if its huge inflation that what make me just short term investor in cake , so i'm waiting until the bitcoin falls to the 37k zone i will...
The cake is broken and ready to bake.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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I'm just a beginner chartist but I cannot ignore this double bottom pattern potentially forming.
If the red dynamic resistance line is broken with some volume (and retested) then a break above the purple neckline may be in the books, followed by a break above the last support turned resistance. If then that level is retested and it holds then we are looking...
Cake still recognizes the resistance raised in my previous analysis
Even though now it had a bullish moment, in my opinion cake is bearish as long as it is below 43usd.
in summary
If you are not yet in cake you can buy if cake rises above 43usd and makes a throwback.
If you currently own cake, be careful!
important zones, if it fails to break the pink zones we will have a fall of approximately 15% in my opinion. Shoulder Head Formation.
If it manages to break the resistances in pink we have the next target at 47.
Cake/usdt Had an amazing run a few days ago over 70% pump which was tremendous .1 personally can see cake at 30$ before may,Futher a Cup and handle confirming it gives us more confidence in it . We could also Presume it as a Bull flag. And the target would still be Astronomical.i would like to see the breakout of the neckline In the next few days.further btc...
I'm starting to get more bullish long-term on Pancake Swap and would love to grab more tokens in the range of $10.65-10.75.
This one will take off once we get out of this correction with lots of good news and they are taking their coin inflation seriously.
With more tokens going over the Binance to reduce fees for buyers, Pancake Swap is quickly gaining market share.
Good day to all profit makers
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If we break through this support we can see a nice possible buy setup unfolding.
- Consult the chart for more information.
- On the chart, you will find possible support setups
-This is just an idea, the price...
