Next Run for PancakeSwap ($CAKE) to $30+ Incoming

I expect CAKE to break out of this upward triangle to make its next run that will likely take it to the $30 range before moving sideways again for a bit. You'll notice it goes up 15-20% then pulls back to the previous high, moves sideways for a bit and then makes the next 15-20% jump.

I will be bullish on CAKE until they reach 80% of Uniswap's market cap. At that point, I'll move out of this position as they have way too much inflation to be able to hold a solid per coin value once they are properly valued.