Today we are doing a PancakeSwap -$CAKE price analysis.
We can see that CAKE has broken out from a long-term resistance line after generating bullish divergences in multiple time-frames. Also, it has potentially completed a long-term correction.
Should this trend continue, CAKE is facing long-term resistance at $12.
00:00 Intro
00:30 Long-term movement
01:35 Daily movement
03:00 Short-term movement
04:00 Wave count analysis
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