CAKE, the native token of the PancakeSwap decentralized exchange (DEX), has a history of forming and breaking trendline support levels, creating a pattern of potential reversals. This pattern raises the question of whether CAKE is poised for another downward move or a long-awaited bullish breakout.
Historical Pattern of Trendline Breaks:
January 2022: CAKE...
Hello friends, today I am completing a technical analysis on the 1D linear scale chart for Synthetix (SNXUSD), a cryptocurrency altcoin.
In the chart I noted:
1) Synthetix price has respected the bottom trendline since October 2020 and most recently touched the trendline and bounced off of it. It is still hovering around this area.
2) Around the end of November...
Polygon (Matic) To Retest ATH , Next Stop $3.24 @ 127.20% Fibs, then $3.94 @ 161.80% Fibs and $5.26 @ 227.20% Fibs. Strong buy signal for Matic was triggered on the lower time frame (1H Chart) on the swing call script. 80% Gain from current price to the 127.20% Fibs @ $3.24. See previous analysis below. Happy trading :).
$Matic $Polygon
Matic New ATH $2.70 🎯(80%...
