Altcoin Newsletter #297
Features analysis on Altcoins such as CAKE DOGE LTC SOL UNI XLM
Welcome to the Rekt Capital Newsletter, a resource for investors who want to better navigate the crypto markets with the help of cutting-edge crypto research and unbiased market analysis.
In today’s Altcoin newsletter I cover the following Altcoins – specifically:
- PancakeSwap (CAKE)
- Dogecoin (DOGE)
- Litecoin (LTC)
- Solana (SOL)
- Uniswap (UNI)
- Stellar (XLM)
These Altcoin TA requests are made by valued readers of the Rekt Capital Premium Newsletter.
Let’s dive in...
PancakeSwap - CAKE/USDT
I've been covering CAKE's pullback into the orange region in recent weeks and now that pullback has now taken place.
Now it's all about the Monthly Close, because a Monthly Close inside the orange region would effectively position price for a bearish retest of the top of that region.
We've seen that take place twice before (red circles), and each time price dropped into the purple Higher Low diagonal.
Generally speaking though, the whole idea is for CAKE to try and build a base of support at this orange historical demand area, crystallising its price action there.
Downside wicking has been ever-present whenever price has retested this region, as seen in 2024 and 2025.
That means $1.513 could be a level that price wicks into, with scope for some downside volatility into the Higher Lower trendline support.
The Macro Higher Low could be a demand region that gets tagged, though it is a lower probability region overall; the black horizontal is more likely, according to historical price tendencies in and around this orange demand zone.