Technical analysis by eaydin35 about Symbol CAKE: Buy recommendation (10/29/2021)

CAKE/USDT carried out the healing process after a big decline calmly and consistently like other coins. Although we could not see great rise as in the first defi frenzy, a certain average came to $ 26. However, he did not give what was expected and followed by his followers that he did not give what was expected and watched in a horizontal and decline trend during a great accumulation process. The Taurus Flag Formation that appears in the daily graph may be valid if it breaks up the decline channel upward. If the formation target will take us up to $ 33. He kept it too long, let's see if he's gonna wait? Cake/USDT did not make the expected movement. Unlike other subcoins, it is moving in a still and negative line. Although the number of those who connect the defias to the disgrace is high, it is a platform Pancakswap, which is actively used and offered for sale. I hope the sun will be born soon for the patience.