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CAKE

CAKEUSDT This route can be happenHello everyone Cake is one of the most powerful token of defi exchange that can be have a campaign with Dydx in future According to the chart and to the trend of market , you can see the market is moving to have some correction and need to recovery itself then its ready to continue the route as the trend wanna go . This route that we can drwan on chart it can be the movement of the price to re-test again the support zone in the bottom (Blue box) and until the price is not broken the second key point level the trend is moving in downward and when this key point is broken the trend can be change to the upward. If you wanna take position and buy or sell, check the chart with your own analysis and use your own strategy Previous analysis : Good Luck Abtin
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by Abtin00
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CAKEUSDT (PancakeSwap CAKE) 18-2-22 to 17-3-22 Midhigher RangeCake/usdt midhigher timeframe range, This range is fairly new and it formed a new bottom than backed up. as the range is new with a new bottom price can be pushed from these zones to a retrace point but that depends if market see's money coming into alts and peoples shows their to their ol cake. their are no logical profitable intraday setup showed up yet until march 16 2022. but this range did provided 2 swing positions.
by cryptoforever1
Bulls are consolidating CAKE price in preparation for a rebound The CAKE token has a vital support level of $5.50, and the current price of crypto is struggling to close the daily price candle above $6.7 level, then the neckline of double top formation ($4.6-level) may act as an immediate resistance level. Stoch RSI is still in the bullish territory; will it affect the current trend? The CAKE token price has been moving downwards in the RedZone of super trend indicator as well as the price is below the EMA Ribbon in terms of the daily price chart. The bulls need a robust bounce-back move. Moreover, the 200-line is far above the current price. The Stoch RSI is expanding towards the overbought territory over the daily price chart, where the k-line is at 81 and D-line is at the 66-mark. Conclusion The PancakeSwap investors have to keep patients for a good return on investment. The crypto price may generate excellent returns above the $9.0 level. Support level- $5.6 and $5.0 Resistance level- $7.5 and $8.5
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by TheCoinRepublic