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PancakeSwap Easy 22% Jump Explained!
CAKE/BTC
Long
PancakeSwap Easy 22% Jump Explained!
By AlanSantana
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Jun 26, 2022
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Jun 26, 2022
We are looking at CAKEBTC (PancakeSwap) and we can easily see a bullish move developing.
Notice how the 16-March low led to a move that was rejected at MA200.
Now, we have a new low 12-May which will be followed by another test of the MA200 resistance at 0.0001910.
That's a 22% price jump from the current price.
The stop-loss can be set right below EMA21/EMA10 (manual).
This is not fiancial advice.
We will track this one.
Namaste.
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