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Could it be time for some CAKE?

@clementllk
1 min read
06.01.2023
2
BINANCE
CAKE
NFTBATTLE


shark pattern

Here I'm hoping to catch a bump on CAKE as we have a shark pattern forming and triggers if the price reaches 3.4 USD on this harmonic pattern. So far this pattern has had a high win rate hitting its TP1 zone over its lifetime on a daily candle. So I'm having high hopes for this.



Over here we have the mvrv ratio formulas {(MVRV 90d / 30d)-1} in the negative and the (MVRV30d-MVRV180d) in the positive showing a potential buying opportunity.



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Featured in this Insight

PancakeSwap CAKE

$ 2.399166
4.95%
in last 7d
2
BINANCE
CAKE
NFTBATTLE

Conversations (2)

@sanr_king
2 years ago

Amazing analysis! How did you achieve the multi-options of the bat formation?

@M.Indrak
2 years ago

can you change formula MVRV 7d/1d)-1} and (MVRV1d-MVRV7d) ? I'm interested in researching coins in the early post-airdrop phase in the first two weeks

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