CAKE (Pancakeswap) completed its third push to the upside and rendered four Daily candles in a row with large wicks on the top. Today's close marks the fifth. Does that mean we're in for a drop?
How do we trade this? 🤔
I believe a pullback here is imminent. That doesn't mean a short is justified, we are in a bull trend and our bias should remain long. However,...
PancakeSwap is bullish in more ways than one! The price is playing out a beautiful two-legged pullback after a strong bull run; an indicator that the bulls are in control and more upside is probable.
How do we trade this?
With a two-legged pullback after a bull run and the RSI above the Moving Average with room to spare on the upside, we have to remain...