$CAKE broke through the resistance level. Bullish movement to 4.07$ is expected to happen.
Sharing potential targets for Pancakeswap in coming days.
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...
$CAKE bounced off the support level. Bullish movement to the resistance level at 3.48$ is likely to happen.
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....
price has formed an inverse head and shoulder and is squeezing to the trendline. expecting a break and growth.
Back to early 2021, Pancake Swap was one of the most participated DEX. Volume, DAU and TVL growing make $CAKE sky-rocketed to $40. Then, bear market and DeFi winter came (along with lots of exploit on BSC DeFi protocols) and $CAKE price heavily dumped to the bottom of $3. In the last 2 months, $CAKE managed to bounce to $4, thanks to the market rally and some...
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...
$CAKE broke through the resistance level. Bullish movement i expected to continue and reach the resistance at 4,41$
Cake is going to record another bottom on 1.80$ soon. Follow me and stay tuned for updates.
Hi dear friends, hope you are well and welcome to the new trade setup of PancakeSwap (CAKE) with Bitcoin . On a 4-hr time frame, CAKE has formed a bullish Gartley pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
crypto market heating up bnb up in a big way vs btc cake is the main dex on bsc u do the math :) nice simple invalidation here way down since euphoria cycle quality product
PancakeSwap CAKE/USD is showing some real weakness. The selling pressure is astronomical and its going to consolidate for a while maybe a few years if it sticks around. These types of projects will more than likely be weeded out by new regulation over the years. Unless Cake can move with the regulation coming then its more than likely going to tank. It had a...
PancakeSwap burns 6.8 million CAKE but is it enough to keep the bulls indulged A bit of CAKE was recently taken off the menu but was it enough to cause a scramble for the remaining amount? PancakeSwap announced that it recently burned slightly over 6.8 million CAKE, slightly lowering the circulating supply. At press time, CAKE had a circulating supply of 141.53...
Hello my Fellow TraderZ, Few days ago, I have shared my view on $CAKE #PANCAKESWAP on Daily TF, where I had mentioned that Price was ranging inside an ASCENDING TRIANGLE, broke it and coming for the retest for the further upside move. Today I'm sharing another possibility on DTF where it can be easily seen that the price is forming a Narrow RISING WEDGE...
$CAKE bounced off the ascending trendline and the support level. Bullish movement to resistance level at 5$ is likely to happen.