previous chart failed bat pattern, I'm still bullish on this guy!!
have a look at the Bullish DIV. it's displaying.
1 hr 2 hr 4 hr and daily all trending with bullish bias
descending wedge has formed, a few coins are displaying this, I'd say it's time to swing OUT of BTC and INTO ALTS for a short term!!
no target price really as yet, play 'er as she...
In the past 3 days, EthLend (LENDBTC) has been breaking resistance after resistance with increasing volume.
The resistances broken are marked on this chart as moving averages. We are looking at the classic EMA10 (green), EMA50 (magenta), and EMA100 (blue). I am now using mainly these because they have been working great for us. With these indicators working...
my average cost was 198 so im ok holding this for a minute.... if we are going to hit wave 3 soon than it will be great... my stop loss is raised to 223.... buy back golden pocket and follow steps down complete stop loss lower low maxing retace
We see a nice impulse here and then deep retrace. The wave correction pattern appears to show a drop coming soon. Could see lend around the .003 cent area. That could be a great time to start accumulating.
EthLend (LEND) Overview
LEND token economy consists of several token utilities, which are used on the decentralized applications created by ETHLend. Mainly LEND token is used as a lending currency in decentralized lending by providing a medium of exchange that amounts to zero-fee lending for the market participants. Such economy is designed to create demand for...
Lend following a similar chart to many other alts..
We are currently resting on the previous resistance area chance for a continuation of uptrend from this area, stoch RSI is also in a nice buy zone.
If it continues further down next solid buy areas outlined in aqua.