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CAKE

Pancakeswap (CAKE) Is Sleeping Pancakeswap has been moving really sideways and hasn't picked up any momentum with the rest of the market. It's been trading between $17.50 - $20.50 since September 19th and showing signs of heavy accumulation at $19.00. I do believe Pancakeswap will move due to: - The growth of the Binance Ecosystem. - The meme coin community trend will continue throughout this cycle. A lot of meme coins especially new ones are accessible on Pancakeswap for extremely low fees. Meme coins bring in a ton of new liquidity into the market. - Ranks top 10 in Total Value Locked (TVL) and TVL is steadily growing. After we break out of this sideways pattern I do expect a run up to $22.69 at the 0.236 Fibonacci level. Personally I love when there's a prolonged amount of dullness and sideways action. Keep Pancakeswap on your radars! Much peace, love, health, and wealth!
Long
by peacefuljustin
$CAKE has probably hit the bottomAfter almost 3 months of downward pressure from its rally that started in July that took it to $26.60. It has been bouncing off the .382 fib retracement and has formed a bull pennant on the weekly chart and it could break very soon. It is also hitting oversold territory on the weekly Stochastic RSI and its smack dab in the middle of the weekly RSI. It looks like it can move to the upside to between $30-$37 if the pennant is to be believed. However that means that it would need to get through the .702 fib retracement level where it was rejected last time. Now with that said, BNB/BSC is close to all time highs, people will possibly start to sell and take their profits and what better place to put them would be in to a cheap token that happens to be the biggest Binance Smart Chain DEX. Plus the fact that staking $CAKE can net you 72% APY at the moment will entice them to buy and stake. Also having burned more than $104 million this past week and their continuing burning will help move this up. Looking at the end of the bull run I think $CAKE should be between $88 to $100.
Long
by elpipetuanis
Binance Coin eyes $560 bnb usdt chartBinance Coin eyes $560 next after BNB price 'Cup and Handle' breakout The ongoing price boom in the Binance Coin (BNB) market is painting a classic bullish chart pattern with an upside target of $560. Dubbed as Cup and Handle, the pattern appears when the price forms an advance that appears like a U-shaped trend (Cup). That follows up with a formation of a descending channel range (Handle). A breakout above the Handle range typically leads to an upside continuation, with a bullish target at a length equal to the Cup's size.
by bnb_cake_avax_png_matic
CAKE bullish or bearish? REVIEWSo I think it all depends on this support are around 18. It seems bears have the upper hand here BUT bulls are not so far behind either! AND with the recent BNB pump + fundamentals around memecoins which are mostly on BSC, I bet my money on the BULLISH scenario! If somehow the bears takeover, which is very unlikely, the price can momentarily touch 16-13 areas that seems to have strong support. And even if this scenario plays out I still wouldn't be too worried about it as for the long term CAKE is definitely bullish AF! HODL & stake for that APY! (STILL, proceed with caution) DYOR.
Long
by Crypto_world_011