📈PancakeSwap #CAKE $CAKE (July-16)
CAKE is forming quite a lot of Bullish patterns at the moment, showing that buying power is gradually returning to CAKE and a reversal could happen at any time.
We can accumulate CAKE in the $3 zone and expect a rally and break out of the Symmetrical Triangle pattern to rally strongly to the $4 and $5 zones in late July and early August.
However, if the $3 zone is lost, it can fall to the $2.5 zone to retest this zone
We can accumulate CAKE in the $3 zone and expect a rally and break out of the Symmetrical Triangle pattern to rally strongly to the $4 and $5 zones in late July and early August.
However, if the $3 zone is lost, it can fall to the $2.5 zone to retest this zone
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