Several local Ups and Downs missing to break this triangle formation and identify the trend. Support holds strong...actually allowed this triangle formation to happen. Now if all goes naturally we should go up but we saw a lot of manipulation in last weeks/months so just wait for confirmation once triangle is broken to either direction. Long-term is btc still...
BNB chain upcoming forks significantly reducing block times, increase TPS and decrease fees! The Pascal hard fork in March 2025 is a big milestone in BNB Chain’s evolution setting the stage for the two upcoming BNB Chain forks: 1. Lorentz (April 2025): Reduces block intervals to 1.5 seconds 2. Maxwell (June 2025): Further reduces block intervals to 0.75...
BNB chain upcoming forks significantly reducing block times, increase TPS and decrease fees! The Pascal hard fork in March 2025 is a big milestone in BNB Chain’s evolution setting the stage for the two upcoming BNB Chain forks: 1. Lorentz (April 2025): Reduces block intervals to 1.5 seconds 2. Maxwell (June 2025): Further reduces block intervals to 0.75...
Two sell-off recently and cake formed higher low compared to "big short" in Feb 2025. On the other hand there is long-term trend pointing the area 3.5-4.0usd as the next resistance. If broken the price can gain traction quickly as there is not much sell pressure in higher levels.
Recent price action surprised many. The reason behind this is open sell position for aprox. 5M of cake tokens at 2usd price level. Not speculating who did this but all who is following this project for long-term can understand there is tight competition on the market. Price will rise from this level, once reached 2usd liquidity will be swept quickly.
No reason for panic. Whales are just chasing liquidity in lower areas which if removed now prevents price drops later so keep smiling as this is definitely you would want to do if you were whale. Just wait, alts are not dropping at light speed, some are growing and this is good sign the BTC bottom is near. Hold tight. Once this is done, we are going up.
The triangle was broken and now on the way to test lower support at 2,03-1,88usd. All driven by BTC now, if BTC falls lower the probability of upward momentum grows and might be very quick for whole market. I´d avoid any short positions and rather DCA on the way down.
Well known crypto bull Michael Saylor and his Microstrategy. Here we are, approaching demand zone as BTC drops. We are early here but keep an eye on it for later entry or DCA on the way down.
Good entry point if you think long-term solana based ecosystems are the ones you want to keep on your portfolio.
SOL returned to demand zone. This is good entry point as this chain has huge future potential thanks to it´s performance.
BTC saw pre-Trump pump in Nov 2024, return to this zone is the most probable scenario I see now.
Cake currently sitting at 0,618 fibo retracement 2,316usd from recent local high 3,4usd. This support holds strong for now. Possible breakout from triangle will lead to new uptrend with target 5,187usd. Breaking down will lead to lower support 2,016usd.
There is not much space left to balance the tip of BTC price. Breakout should follow soon. The market is looking for upward momentum but still struggling. Let´s see how it plays out.
Not much to say here, want to highlight two points. Price is being attracted to huge FGV areas created by panic sell-offs, the second, massive sell orders at 1,2usd indicate overleveraged positions were closed by margin calls removing possible sell-offs later at higher prices. Cake fell much more than other coins, hope we can pickup soon as the platform is one...
Low volume above current price can trigger the hyperbolic run very quickly as every big purchase has no selling counterpart pushing it down. Historically we know this is not the new ATH for next 4 years, one more push to 140-160k and then bear market will follow.
Cake is approaching the nearest resistance level around 2usd, needs to be broken and become support so wait for break out and then one leg down to settle down at this support. Market conditions positive, altseason outlook promising. Keep in mind price below this demand zone, below 1,8usd can trigger depression and sell-off. For now holds steady even btc dropping...
Cake touched the nearest demand zone and bounced back as BTC sell-off was intensive but short. Might be re-visiting this zone and even lover to 1.664. All depends on the general market condition and mood. The altcoin season is slowly approaching. This time it takes BTC dominance to climb higher much longer due to competitors among alts and general world economy...
BTC is oscillating between several smaller demand zones. Two bigger demand zone in blue, the rejection on double top needs to be broken. Most probable scenario is return to higher demand zone if broken return to the stronger long-term base 90-92k.