Back on LEND.
I recently had a post discussing picking up some LEND at the bottom of the channel. That trade is gone, we are back to 198 sats (where I started the previous trade).
If you look at these channels, it seems LEND is due to (at the very least) test ~150 Sats. So, I would short it at this point to pick it up at lower levels (140-150 sats). I...
In the past 3 days, EthLend (LENDBTC) has been breaking resistance after resistance with increasing volume.
The resistances broken are marked on this chart as moving averages. We are looking at the classic EMA10 (green), EMA50 (magenta), and EMA100 (blue). I am now using mainly these because they have been working great for us. With these indicators working...
EthLend (LEND) Overview
LEND token economy consists of several token utilities, which are used on the decentralized applications created by ETHLend. Mainly LEND token is used as a lending currency in decentralized lending by providing a medium of exchange that amounts to zero-fee lending for the market participants. Such economy is designed to create demand for...
previous chart failed bat pattern, I'm still bullish on this guy!!
have a look at the Bullish DIV. it's displaying.
1 hr 2 hr 4 hr and daily all trending with bullish bias
descending wedge has formed, a few coins are displaying this, I'd say it's time to swing OUT of BTC and INTO ALTS for a short term!!
no target price really as yet, play 'er as she...
good opportunity in LEND, has been consolidating for about 4 months, which could bring a big advance to the upside, the first objective to validate a bull run is for the price to break the 279 barrier and close above this price, important the level 50 of fib.
Open Trade Aggressive: Entry now
Open Trade Low Risk: Range 228 - 217 (The price may not touch these...