rafiirfan

PANCAKESWAP CAKE back to $22 before pancakeswapV2 ?

Long
Reasons:
1. PancakeSwap planning to release their V2 around early Q2. expecting hype before their V2 like before UniswapV2.
2. Some of their V2 features are: Buy-back and burn mechanic to trading fees. Auto-compounding pools, Referral program.
3. They also developing into: Prediction market, more NFT & gamification platform, Lending & borrowing.
4. by TA perspective,, Finally 4H MACD back bellow 0 after a looong bullish week.
5. 4H candle hit the 100 SMA line, and hopefully cross my bearish structure.
6. Bitcoin on-chain data by Glassnode & CryptoQuant looking good, preparing to continue the bullrun.
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!! That is my personal hope & observation nor financial advice. I am not self-claimed pro/wizard TA analysist lol.
just documenting my own reasons of my investment & trading.

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