BINANCE:LENDBTC   Aave / Bitcoin
I mean....

What is not to love.

Accumulation

Average daily volume under $1M. Likely around 400K at most, but haven't found a good tool that calculates this yet.

Recent daily volume spikes up to $3M

VPVR shows heavy accumulation at current price levels no matter how much one zooms out.

MAs - no bullish cross yet, but bias is weakly bullish because MAs are trending up with price above and bullish cross likely

OBV rising steadily - watch for breakout soon 1-6 weeks

Filled much of my position within the past 3 weeks around 200 sats , as mentioned on live stream

Buy zone is 197-220 in my opinion. Have a few low ball bids in case it wicks down.

Looking for a BNB style breakout on this one on BTC pair. New ATH on BTC pair with no new ATH on USD pair possible.

Obvious profit targets: 370, 520, 880, 1100, 1400

A 1000% trade on this would be below previous all time high from here.

Tempering my bullishness: This is a low liquidity shitcoin. Could quickly go to $0 and I lose anything I put into it. It could continue to trend mostly sideways for un unknowable amount of time and only have a bull run after.

I am not overly exposed so will just keep an eye out for a necessary exit if price drops below 190 with conviction.

This is not financial advice. These are my own trades and journal entries. All material is provided for educational purposes only.
Comment:
Comment: Weekly close above previous weekly high with higher lows and a Bullish MA cross all keep my bias bullish on LEND. A weekly close below that previous Res now possibly support would invalidate the bullish bias for now.

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