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PolarHusk
Sep 21, 2020 3:53 PM

LEND/BTC (Confirmed Double Top?) 

Description

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💎Technical Analysis Summary💎


BINANCE: LENDBTC


-LEND failed to get above the 7k sat range and saw a decline
-The price is now breaking the neckline of a Double Top reversal pattern
-If the daily candle closes tomorrow with an engulfing candle
-This is a big warning sell signal and may reach the next support at 3.6k sat
-Or even down to the 2.2k sat region where the 200D MA is also located
-The market condition today is not good so please reduce the risk
-Use proper stop loss and decrease your position size




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Comments
UnknownUnicorn999651
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good!
PolarHusk
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@Nibiru7, ^_^
domscap
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Double bottom?
PolarHusk
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@domscap, too early to say, let's wait for more price action :)
KaltoireCapital
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Excellent analysis
PolarHusk
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@SynergyCapital, thanks!
Christuanjonkar
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Premium technical set up.
PolarHusk
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@Christuanjonkar, thank you bro!
KlejdiCuni
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great setup.
PolarHusk
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@KlejdiCuni, thank you! :)
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