'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 has be following the Fibonacci for a long time now, currently in a downtrend. It bounced back from the 0.618 level on Fibonacci retracement. Wait for it to break out from any side before buying or shorting.
Cake usdt Trend line Breakout Confirmation Buy Now at dip right now
Pancake swap about to breakout the ascending triangle. Keep an eye! Good swing trade opportunity on breakout + retest for more confirmation.
soon expecting rally similar to $LUNA consolidating inside a bullish ascending triangle. we will see a massive breakout which will leads to new ATH for CAKE. my real target are near 100+. not financial advice of course
We have build a strong support here and coming weeks possibly in 3-4 weeks we will witness a new ATH near around 150+
CAKEUSDT: Price Analysis Chart Pattern: Falling Wedge Pattern As per Falling Wedge Pattern price is near Breakout Point and Currently RSI trying to cross 50 levels. Wait for Breakout and Hold For Target 14.36 Falling Wedge is a Trend Reversal Pattern
After Major Support It ight break resistance, Let's see how it goes