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Technical analysis by BecomeACryptoMillionaire about Symbol CAKE: Buy recommendation (5/13/2021)

https://sahmeto.com/message/2713497

Cake is way oversold

Buy
Price at Publish Time:
$14.55
Buy،Technical،BecomeACryptoMillionaire

In my opinion cake is way oversold. First time breaking the 20 Day EMA. Is our opinion, that Cake is way oversold Prices go up and down, don’t pay attention to the noise and invest by fundamentals. Cake has more daily users than Uniswap, this is a fact and has not changed. Gas Fees on ETH is horrible in recent hours. All the bullish reasons for cake are still the same.

Source Message: TradingView
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