💎Technical Analysis Summary💎 BINANCE: LENDBTC -LEND failed to get above the 7k sat range and saw a decline -The price is now breaking the neckline of a Double Top reversal pattern -If the daily candle closes tomorrow with an engulfing candle -This is a big warning sell signal and may reach the next support at 3.6k sat -Or even down to the 2.2k sat region where...
LEND/BTC -Aave Lend is starting to pull back to previous key areas -The levels need to be watching is around 5741 - 5168 sat range -The 0.618 Fib level was previous resistance turned support -We might see a bounce reaction at 5741 sat if not, monitor the next level -Be patient playing bounce play or catching the bottom -Always wait for price reaction to confirm...
Hi All, *** This is a continuation of the previous post, or an update of the link below, Price Action explained **** I constructed this chart prior to the drop. But the macro approach doesn't change. The title is related to a few coins, Gems in the making will focus on specific coins that have demonstrated a clear parabolic curve pattern. No. 1 goes to LINK.BTC,...
LEND AAVE Breakout LENDBTC LENDUSD LENDUSDT LENDETH
Aave broken through 2.618 from a large falling wedge Using DNT as a comparison
Hello, traders. For LEND, I believe the bullish move may be nearing its end with so many indicators showing overbought signals. I don't buy it until we have a correction movement. That is a significant bearish divergence on RSI. Push the like button and follow us on tradingview.
Again; will update later. I know there were some questions on the last publication (TNT; i'll get to it tonight) just wanted to post these two (chainlink & lend) for they are primed for solid entries, with volume/bb/kc/bol/sqz & all fundamentals pointing to signs of parabolic movement with the cherry on top being (in the case of this publication -- the dbl...
LEND/BTC -Cross Ultimate indicator signal is up -another leg up breakout -a retest of new support -new higher high -new support at 444s -upside potential is up to 870s -key stoploss is below 439s
LEND/BTC LEND broke key upward trendline support and had a bearish MA cross on the daily chart. This will signal downward momentum in the coming days if LEND can't get above the 50MA as soon as possible. The downside target is 250 sats area.
Some symmetry can be seen in this pattern, as always symmetry will be seen with H&S patterns but it seems to be extending further than the H&S range. 45 minute chart.
Broadening wedge, large possible returns if the wedge holds for a while, risky trade. However in this market risk often = reward. Horns are present on the 45min chart which may be a sign of a bearish move to come.
As you can see LBRY, KNC and LEND have all formed bowls. This bowl has post sparked a bullish move.
After going on a massive bull run LENDBTC has made a retreat, this formation of a descending scallop however shows promise for bulls. Support zone indicated in blue.
LEND/BTC LEND top-out at 270 sats and currently in a deep pullback to retest previous swing low or the 0.618 Fib support. Down-trend momentum is currently strong so it is not advisable to buy this coin while it is hot. Let's wait when the bears start to cool down.
Setting up for a cup and handle formation, resistance at 1 fib level but i feel that if this occurs this will be broken easily. Something has sparked a bull run in LENDBTC whether it be fundamentals or whales simply wanting to make money. Perfect cup formation so far.. I realise price reached dotted purple line but I dont think that affects the formation.
Return to regression trend most likely following another pump breaching the trendline. Hopefully for holders this drop will stop at 50 DMA. I have no idea why this coin pumped so hard, let me know in comments.