TradingView
Sparkster
Oct 6, 2020 10:46 AM

Lower Prices Looming For LENDUSD  

Description

Since our initial analysis on LEND projecting a 20,0005 upside potential...



...price so far is following our rounded bottom formation with MACD showing increasing negative momentum.

We continue to watch for support at the horizontal level (blue line) over the coming weeks.

Do you trade LEND? Or just accumulate for the longer term? We're still undecided about adding LEND token to the SparksterSignals platform (link below). Insight from active traders is most welcome.

Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.

Comments
dae7mon
Hello ! Nice job on the TA on Aave/Lend . Question : How will the election, Nov. 3rd. play on Aave/Lend ; if at all ?
Is there a point where Aave/Lend becomes a great buying opportunity for the long term with lower prices, or will it plunge below 0.36 with difficulties returning to ATHs of 0.88 ?
Thanks for doing a great job
More