brendanwenzel

Pancake Swap Ready to Break Out

Long
KUCOIN:CAKEUSDT   PancakeSwap Token / Tether
With Pancake Swap approaching the end of this triangle, my expectation is that it'll break through the top, get through that $10.60 resistance with little effort, find a little resistance at $11.80 and my price target is $13.50 by mid to late-week.

The FUD from the hack is finally subsided and they are getting closer to having version 2 ready according to their latest Twitter post. (I can't link to it yet due to my rep score)

I'm bullish on the DEXs right now all around. You really can't go wrong with any of them at this point, so grab a few of the smaller caps like Pancake, 1inch and Julswap for more upside, but Uni and Sushi are looking juicy as well.

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