julio24albert

Binance Hot list coin July 27, 2020 : LENDUSDT #2

BINANCE:LENDUSDT   Aave / TetherUS
Let's us assume a parallel channel on this Aave. The price is trending right at the lower line of the doen trend channel which is for me looks like a flag pattern as well. The most crucial part is that the price is trending right at the confluence zone of support which is having an alignment with the previous heavy price action. I'll look for any sign of bullish bounce once I see the sign on micro time frame.

Comments

Nice idea mate, ADA has a similar structure atm

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