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ssari
Aug 12, 2020 12:12 AM

LEND.BTC (Y20.P3.E2).Keep you eye on it 

Description

Hi,

Not making any forcasts but LEND has responded favourably against BTC.
Looking at the 6 HRLY, its got confluence with the 21\34 Ema.
The structure is bullish which is now held back at a specific level however on the lower time frames it is the 3rd touch.
So the pressure is to the upside.


Cheers,
S.Sari



Potentially a butterfly harmonic (BEARISH)

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1st Target reached

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The other scenario. 2 levels, 1.618 and 2.24

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potential structure moving forward

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Hit my target, I'm out.

Trade closed: target reached

Sometimes you need to be at the right place at the right time. Since I noticed the DEFI coins always did well with BTC drops, my focus was on KAVA, LINK, and LEND on this drop. KAVA wasn't doing good but LEND and LINK did respond strongly and hence my trade.

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for the record
Comments
aR737
DeFI coins dominating the market @ssari :)
ssari
@ARdxb, LEND especially
Domce
@ssari, thank you for your LEND updates!
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