CAKE
Long

PANCAKESWAP #CAKE Bull Flag pointing to ~ $7

By BallaJi
Updated
Cake is the yield farming incentive token and major LP pair on Pancakeswap

And was a major winner in the last cycle

People were buying Rolex's off cake rewards from pools alone!

So it's bear market is clearly over.

And the chart appears a #DEFI season is upon us.

Current price action suggests a Bull flag.

Entry points matter - but bull markets correct mistakes if you are long.

Good luck to all.
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Broke out of the flag :)
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+40% so far
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Seems like a good re-entry area to me

break, RUN, & retest of key level
perfect chart action
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snapshot

running into some previous resistance levels
BNBBSCCAKEChart PatternsDEFIFlagpancakepancakeswapTrend Analysisyieldfarming

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