CAKE has been on my radar for quite some time now. It has a lot of great things going on with their staking, lotteries and prediction game.
With Bitcoin falling, CAKE is becoming a better long term investment by the day. Assuming that pancakeswap will become bigger with time, CAKE will naturally follow.
I'm eyeing the red support area for a potential buy into a long term hold. Assuming my theory that the current bear market is a mid-cycle correction is correct, I'm expecting CAKE to perform much better in the future. That would mean that a sub $10 would be a great buy, right?
Happy trading!
With Bitcoin falling, CAKE is becoming a better long term investment by the day. Assuming that pancakeswap will become bigger with time, CAKE will naturally follow.
I'm eyeing the red support area for a potential buy into a long term hold. Assuming my theory that the current bear market is a mid-cycle correction is correct, I'm expecting CAKE to perform much better in the future. That would mean that a sub $10 would be a great buy, right?
Happy trading!
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