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PancakeSwap Exchange and Detailed User Guide PancakeSwap, one of the first exchanges or platforms that come to mind when it comes to decentralized crypto exchange (DEX), offers very serious opportunities to buy crypto assets that are new in crypto markets and are included in the high potential Binance Smart Chain ecosystem. Due to the opportunities it offers, we will try to convey all the details about PancakeSwap in this content, with answers to questions such as what is PancakeSwap Exchange and how to use it, which...
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Explore the world of crypto space with Pancake Swap Clone Development
To Know More: https://bit.ly/314bKec
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PANCAKESWAP ANALYSIS CAKE/USDT PancakeSwap (CAKE) is currently in a strong recovery. Sustained buying by the bulls pushed the price above the 38.2% Fibonacci retracement level at $22.74 on Aug. 20. If bulls sustain the price above $22.74, the relief rally could reach the 50% retracement level at $26.85 and then the 61.8% retracement level at $30.96. The bears are likely to mount a stiff resistance in this zone. On the way down, the critical support to watch out for is the 20-day EMA ($20.37). If the price rebounds off this support, it will suggest that sentiment remains positive and traders are buying on dips. Conversely, a break below the 20-day EMA could open the doors for a further decline to $16. The 4-hour chart shows the price is trading inside a rising wedge pattern. If bears sustain the price below the 20-EMA, the pair may drop to the support line of the wedge. This level is likely to act as a strong support and a sharp rebound off it will indicate that traders are buying on dips. A breakout and close above $24.65 will suggest the resumption of the up-move. The next target objective on the upside is the resistance line of the wedge. The bullish momentum could pick up if bulls thrust the price above the wedge. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #pancakeswap🚀 #pancakeswapexchange #pancakeswap #pancakeswaptoken #pancakeswapfinance #pancakeswappumping https://www.instagram.com/p/CS57pWQsdER/?utm_medium=tumblr
#pancakeswap🚀#pancakeswapexchange#pancakeswap#pancakeswaptoken#pancakeswapfinance#pancakeswappumping
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https://www.cryptocurrencyexchangescript.com/pancakeswap-clone-script?utm_source=tumblr&utm_medium=imagesubmission&utm_campaign=vigneshraju
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