Volume has been increasing for the past few weeks for LENDBTC, now called Aave (used to be EthLend).
We are looking at a high volume bar yesterday and a bullish RSI.
The MACD is gaining momentum to the upside.
If the market jumps this one will move as well.
Below is our trade signal, enjoy the profits as they come.
Always make sure to diversify.
And when trading,...
We are doing Analysis of LENDBTC on 1 Day Timeframe.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
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$LEND Seeing this V.U pattern a lot in many alts charts lately, Most of them are being driven due to BTC ups and downs and not to real volume into this coins...
#Lend is showing exactly that, unless we cross over 134sats resistance with volume, not much to do...
$LEND Testing resistance at 134sats as volume flows in...
Lot of room to grow from this level... For now I would like to see some continuation on volume and a potential flip of this resistance into support...
Bullish Bat Potential Reversal Zone.
Lend having its first reaction after this terminal bar ensuring the completion of the Bullish Bat.
I also made a Elliott Wave count on RSI : I think we have got the 2d impulse wave.
Targets and stop loss are identified. With an entry at 178 sats, you get a 4.11:1 risk/reward ratio.
Good luck and good trade everyone,
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...
What is not to love.
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...