📊 #CAKEUSDT
⏱ TIME: 1W
📝It is reaching very important areas for spot purchases, and you can make purchases in a gradual and managed manner.
📍The initial buying limit: 1.18 $
📍The second buying limit: 0.47 $
📌TP1: 2.47 $
📌TP2: 5 $
📌TP3: 12.2 $
📌TP4: 43 $
HI DEARS
2 days ago something big happened to Pancake Swap's liquidity pools.
Reports that a so-called "mass unlock" of calls on the CAKE smart contract drove a reduction of 4% in the protocol's total value locked (TVL) over the past day. This comes as PancakeSwap officially concluded the integration of its V3 liquidity pools with Ethereum and BNB Chain.
after...
Hello everyone!
There is a good potential for CAKE to jump towards 24 upon a breakout of the dynamic resistance.
It might also drop to $15.5 before another attempt of breaking the resistance, hence place a SL below that level.
CAKE seems to have finished one full cycle with that last correction. If BTC drops it could however drop further to the 25$ area.
the previous structure shows 5 waves with the fifth being extended. these 5 waves are the 1st wave of a bigger structure and the ABC correction is wave 2. IF BTC holds here we could see the start of wave 3 that can stretch up an...
Hello everyone!
Bullish flag spotted on PancakeSwap.
Although the pattern is completed and it should resume bullish, I highly recommend to wait for a breakout.
If sell-offs continue, there is a strong support at $30 - $28 area, which is a great buy zone.
