CAKE/BTCLong
✳️ Pancakeswap Recovers From Major Crash (235%+ Next)
Pancakeswap (CAKEBTC) produced a major low in October 2023 vs May 2022, one of the strongest correction across the medium-sized Altcoins.
The good news is that the recovery looks pretty good and currently the action moved above EMA50, signaling that CAKEBTC is ready to grow for months; medium-term.
The target on the chart matches the same price level saw in early 2023 around February, this would be an easy target and still part of the recovery. It would take a bit longer to reach higher but higher is the final goal.
➖ After such major correction, it is easy to see growth.
➖ Low risk with a high potential for reward.
Additional details can be found on the chart.
Namaste.
The good news is that the recovery looks pretty good and currently the action moved above EMA50, signaling that CAKEBTC is ready to grow for months; medium-term.
The target on the chart matches the same price level saw in early 2023 around February, this would be an easy target and still part of the recovery. It would take a bit longer to reach higher but higher is the final goal.
➖ After such major correction, it is easy to see growth.
➖ Low risk with a high potential for reward.
Additional details can be found on the chart.
Namaste.
🔥 PREMIUM Trade-Numbers
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.