Pancakeswap Crypto – Buy Sell Signals
Pancakeswap Crypto – Buy or Sell Poll [New]
CAKE Trader Sentiment
Pancakeswap Crypto – Bearish Bullish Signals
PancakeSwap - Bullish Bearish Signals [Weekly]| Overall Outlook | Neutral |
| Technical Signals | Bearish |
| Influencer Signals | Bullish |
- August 23rd: CAKE is experiencing a notable rise, bolstered by an increase in the number of holders. This month, PancakeSwap has welcomed an average of 10 new holders to its ecosystem. Over the past week, CAKE has surged nearly 30%, breaking above $2.
- In celebration of PancakeSwap’s 4th birthday, the platform has announced a competition. Participants are invited to design a special 4th Birthday PancakeSwap T-shirt. To enter, follow, like, and quote the competition tweet, and share your design using #Pancake4ever and #PancakeSwapBirthdayTee. The winner will receive a $3,000 travel credit for the upcoming PancakeSwap meet-up.
Pancakeswap Crypto – Technical Analysis
In the next few days, the overall sentiment for CAKE crypto price is Neutral. The first level of support for CAKE is at $1.39 while the first level of resistance for CAKE Price is at $1.41. CAKE is likely to trade in the range between $1.39 and $1.41 for now. The Signals Table above encompasses other factors including social media.
Summary: Neutral
| Technical Indicators: | Strong Buy | Buy: (4) | Sell: (1) |
| Moving Averages: | Strong Sell | Buy: (3) | Sell: (5) |
Oscillators
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 53.78, which indicates that the CAKE market is in a Buy position.
The Moving Average Convergence Divergence (MACD) is a popular technical analysis indicator used to analyze financial markets, including the cryptocurrency market which signals to Sell (below 0) or Buy (above 0). Currently, the MACD value is at 0.01189, which indicates that the CAKE market is in a Buy position.
| Name | Value | Action |
|---|---|---|
| RSI | 53.78 | Buy |
| CCI | 56.40 | Neutral |
| Awesome Oscillator | 0.03164 | Buy |
| Momentum | 0.06300 | Buy |
| MACD | 0.01189 | Buy |
| StochRSI | 39.99 | Sell |
| Williams’ %R | -43.22 | Neutral |
| Ultimate Oscillator | 56.10 | Neutral |
Moving Averages
| Name | Value | Action |
|---|---|---|
| SMA (10) | 1.40 | Sell |
| SMA (50) | 1.36 | Buy |
| SMA (100) | 1.43 | Sell |
| SMA (200) | 1.51 | Sell |
| EMA (10) | 1.39 | Buy |
| EMA (50) | 1.38 | Buy |
| EMA (100) | 1.43 | Sell |
| EMA (200) | 1.58 | Sell |
Pivot Points
Based on today's classical pivot point (P) with the value of $1.40, CAKE has support levels of $1.39, $1.39, and the strongest at $1.38. Similarly, CAKE resistance levels are at $1.41, $1.42, and $1.43.
| Classic | |||||||
|---|---|---|---|---|---|---|---|
| S3 | S2 | S1 | P | R1 | R2 | R3 | |
| $1.38 | $1.39 | $1.39 | $1.40 | $1.41 | $1.42 | $1.43 | |
- RSI - Relative Strength Index
- CCI - Commodity Channel Index
- MACD - Moving Average Convergence Divergence
- SMA - Simple Moving Average
- EMA - Exponential Moving Average
Note: Please consult a registered investment advisor to guide you on your financial decisions.