Crypto Signals | ChartMonkey
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πŸ“ˆLONG: #CAKEUSD | $CAKE by BallaJi (1D)
Current Price $4.87
Market Cap $1.20B
Change 1h +1.05% | 24h +5.53%


Experience the sweet rewards of yield farming with Cake - the incentivized token and top LP pair on Pancakeswap. Its recent success in the market, with people buying Rolexes from pool rewards, signals the end of a bear market and the start of a #DEFI season. Our team predicts a bullish flag based on current price action. #Bullish #Cake #Pancakeswap

PancakeSwap's community: @PancakeSwap

Open chart on TradingView
πŸ“ˆLONG: #CAKEUSDT | $CAKE by MyCryptoParadise_Simon (1D)
Current Price $3.96
Market Cap $969.76M
Change 1h -0.25% | 24h -7.48%


Were keeping a close eye on #CAKEUSDT as it looks to rebound from its support zone, signaling a potential upward trend. #PancakeSwap is also approaching a key moment at the $2.54 level within an ascending channel pattern.

PancakeSwap's community: @PancakeSwap
πŸ“ˆLONG: $CAKE by MyCryptoParadise (1D)
#CAKEUSDT | #CAKE | #PancakeSwap
Current Price $2.52
Market Cap $673.91M
Change 1h -0.12% | 24h +0.88%

Daily Indicators:

β€’ RSI: 41 - Neutral 🟠
β€’ MACD: -0 - Bearish πŸ”΄
β€’ EMA: 2.74 - Below πŸ”΄

Analysis:
CAKEUSDT is showing promising signs with a symmetrical triangle pattern and a bullish double bottom formation at a crucial support zone. Keep an eye on the crucial $2.29 level, as it could spark a substantial price surge. The demand zone around $1.916 offers strong support for the price action.

Price Targets:
Should the breakout happen, initial targets could be around $3.50, followed by resistance levels at $4.00 and $4.40. On the downside, a close below $1.916 could invalidate the bullish setup and push prices lower. Stay tuned for potential major moves!

PancakeSwap's community: @PancakeSwap
πŸ“ŠNEUTRAL: $CAKE by MonoCoinSignal (1D)
#CAKEUSDT | #CAKE | #PancakeSwap
Current Price $2.28
Market Cap $603.81M
Change 1h +0.78% | 24h -0.40%

Daily Indicators:

β€’ RSI: 35 - Neutral 🟠
β€’ MACD: -0 - Bearish πŸ”΄
β€’ EMA: 2.61 - Below πŸ”΄

Analysis:
The price has broken through a significant support at around $2.364 and is currently retesting this area. This pivotal retest will determine whether the price will reverse or continue to decline. A close below this level could signal the potential for further downside movement.

Price Targets:
If the price can reclaim and hold above $2.364, it might aim for a recovery towards $2.800. However, if it fails to reclaim this level, the next major support area is around $1.800. Keep an eye on these levels to gauge the market's direction!

PancakeSwap's community: @PancakeSwap
πŸ“ŠNEUTRAL: $CAKE by mastershark (1W)
#CAKEUSD | #CAKE | #PancakeSwap
Current Price $2.15
Market Cap $573.97M
Change 1h +0.26% | 24h -0.28%

Weekly Indicators:

β€’ RSI: 40 - Neutral 🟠
β€’ MACD: -0 - Bearish πŸ”΄
β€’ EMA: 2.70 - Below πŸ”΄

Analysis:
Cake is a top narrative during the bull run, making it a hot pick for potential gains. The green rectangle highlights a super buy area. With Cake showing clear signs of consolidation, it’s primed for a strong upward move. Remember to do your own research (DYOR) before jumping in.

Price Targets:
My top pick is Cake with a target of $22 during altseason. This marks a significant potential profit, with an anticipated rise to an impressive 1k. Fasten your seatbelt for potential solid gains in the coming months!

PancakeSwap's community: @PancakeSwap