PancakeSwap could climb to $3.3 this week but short-term bulls can wait for…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion PancakeSwap reached the highs of a short-term range The longer-term trend remained bearish The market structure of PancakeSwap has remained bearish on the price charts since 11 December. The token found good support at $3.11, […]
PancakeSwap is in a downtrend but CAKE short sellers can wait for this scenario
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The market structure and momentum were firmly bearish A retest of resistance can offer a shorting opportunity on PancakeSwap PancakeSwap was trading within a range earlier in December. The violent selling pressure on 12 […]
Can this latest Uniswap development put CAKE and its investors at risk
PancakeSwap observed growth in terms of TVL, however, the growth could come to a halt. Uniswap’s deployment may impact PancakeSwap’s growth. A 17 December update by PancakeSwap [CAKE] revealed that despite the market’s bearish conditions, the DEX had witnessed a spike in its total value locked (TVL). According to DefiLlama’s data, PancakeSwap’s TVL grew materially over […]
PancakeSwap [CAKE] slides beneath range lows, but can buyers snipe an entry?
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The market structure was firmly bearish following the loss of the lower timeframe CAKE range. A bullish order block could see a trend reversal, but bulls will need to wait. Bitcoin regained the $17k mark […]