Cake has recently broken out of its upward trend as competitors rush to push in front of pancakeswap on BSC. After seeing this I would advise caution when seeking out some of that sweet syrup. I could be wrong, what the f*ck do I know.
MACD very bearish, RSI leaning closer to undersold, and we have recently passed under the EMA 50 on the Daily chart (under both...
Looks like this is where we find the end of our price discovery. I can see it going one of two of these ways, and with binance being the leading exchange in the world.. i'm going to go with the green here. MACD looks good for the end of our pennant here. RSI is, well, its RSI. not too oversold not too undersold. Careful here.
not financial advice, dyor