CAKE on the way to $11 11 dollars would make the total market cap of CAKE to 4.5B which is medium size in this crypto market.
They need to have a better launchpad, perpetual trading, should have mobile app. They have already integrated with gaming that is good sign.
CAKEMedium-term trading strategy with CAKE is set up in the blue entry zone. Price target in the direction of the arrow. You can buy CAKE right now. The expectation that the price can surpass CAKE's old peak makes this the most attractive trading code at the present time
CAKE: Bulls on the Rise! Potential Breakout Ahead 💎Cake has recently broken out of a resistive trendline and is currently forming an inverse head and shoulders pattern, indicating an increased likelihood of a bullish move.
💎If CAKEUSDT manages to break above the resistant zone, we can anticipate a bullish movement towards the next resistance level
CAKE: Bullish Momentum Builds with W Pattern Breakout💎 CAKE has broken out of a descending channel and formed a W pattern at the FVG and 200 EMA. Additionally, the price has shown CHoCH, indicating an increased probability of a bullish reversal.
💎The price may exhibit a pullback and find support at the bullish OB level, or it may retest the breakout
Riding the Sugar Rush: Exploring the Bullish Momentum of CAKEUSDTechnical Analysis:
- Current Price: $2.619
- 24-hour Price Change: +4.39%
- 7-day Price Change: +6.42%
- BOLL Support Price: $2.535
- BOLL Resistance Price: $2.618
From a technical perspective, the current price of CAKEUSDT is $2.619. Over the past 24 hours, it has experienced a price increase of
PanCake Swap Reversal TradeThis 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.
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Displays a symbol's price movements over previous years to identify recurring trends.
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