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PANCAKESWAP #CAKE Bull Flag pointing to ~ $7
CAKE
Long
PANCAKESWAP #CAKE Bull Flag pointing to ~ $7
By BallaJi
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Updated
Mar 14
1
7
2
2
Dec 21, 2023
Cake is the yield farming incentive token and major LP pair on Pancakeswap
And was a major winner in the last cycle
People were buying Rolex's off cake rewards from pools alone!
So it's bear market is clearly over.
And the chart appears a #DEFI season is upon us.
Current price action suggests a Bull flag.
Entry points matter - but bull markets correct mistakes if you are long.
Good luck to all.
Dec 27, 2023
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Broke out of the flag :)
Dec 29, 2023
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+40% so far
Jan 21
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Seems like a good re-entry area to me
break, RUN, & retest of key level
perfect chart action
Mar 14
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running into some previous resistance levels
BNB
BSC
CAKE
Chart Patterns
DEFI
Flag
pancake
pancakeswap
Trend Analysis
yieldfarming
BallaJi
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