This crypto has reached the lower trendline and has taken support, It has also broken out from a triangle pattern. This gives us a good point to enter. Risk Reward Ratio - 3:1. SL is placed below all time low and support Zone. Target is placed near swing high.
CAKEUSDT Long IMO Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
CAKE has been following the Fibonacci Fan and has been forming a triangle too. Now, it has reached a major demand zone and is going to touch the 0.618 level on the Fibonacci on the daily chart. It might retrace back from here and go for a new higher high. Pancake Swap must be having something good upcoming.
'CAKE' USDT is making an Ascending Pattern in a 4 Hour TF. Yellow line is the Trendline Resistance, and for Cake to go Bullish it needs to give a breakout past this line. Next Resistance zone is marked in Grey at 26 Support zone is at 16.80 - 17.80, if there is a pullback, it needs to Hold the price at this range, or else Support would be broken, and we...
CAKE might be bearish till the end of the week, but the future is very bright. And also, Pancake Swap must be working on another pump too!
cake is a fast growing coin use pancake swap earn cake looks to be in ths pattern, i did buy in