According to my analysis, the candles crush the support line(0.52710). Therefore,
If you have the LEND, you should sell it because
a) we have SELL - 2 signal from the engineering Robo. Therefore, if the candle close with this signal, we should decide to sell.
b) the candle starts going down the support line(0.52710)
If you do not have it, but if you wanna...
LEND is showing a bullish tone in the short term however as we watch the bigger markets playing out, there is a grey cloud hanging over it. Over bought on the weekly with bearish divergences.
So I do lean towards a bearish scenario in the coming months for the SP500 and BTC (correlation).
This is not to say its a macro trend change, just a bigger...
HAVE YOU EVER WONDER WHY LEND KEEPS ON DIPPING? THIS WAS FOR CORRECTION PRIOR TO ANOTHER JUMP . IF YOU CHECK MONTHLY DATA FOR LEND .ITS ALL SHOWING GREEN CANDLE , SO EVEN IF CURRENT CANDLE IS IN RED EXPECT FOR A HUGE BREAKOUT THIS MONTH. I EXPECT 50% PUMP ATLEAST FOR LEND WHEN IT CROSSES AND BREAKS THE BULLISH SYMMETRICAL TRIANGLE KN DAILY. WE ARE HEADING NOW TO...
Lend is in good buying zones. It is in a Rising channel which has higher chances of breaking down, so be careful with your trade.
It can be bought at the bottom of the channel and sold at the top of the channel with a stop loss right below it.
Longs and shorts can be opened based on the breakout direction.
Hi Traders and thank you for joining another one of quick updates. My Name is Shayan and I'm a Wyckoff trader
We've been tracking LENDUSDT since Sep 06 and so far it's done well!
The update above is following this previous post:
Be sure to catch yourself up...
Aave (LEND) is the DeFi lending protocol that allows users to lend and borrow a wide variety of cryptocurrencies using both stable and variable interest rates.
Today on 10 September, this project came out on top in terms of capitalization among Defi with $1.55 billion ( "with a help" of Sushiswap , which separated from Uniswap and brought $1.3 billion)
This is an update on the LENDUSDT set-up that I posted for you yesterday.
As there seems to be a base forming up in the market, the leaders have begun to outpace the other markets.
LEND is a leader in the DeFi sector and is certainly worth following. In the last bull run LEND continuously outperformed the market, and grew almost 400%!
Hi traders and welcome!
Price seems to have made a base, at least temporarily, so I want to find good opportunities and post as many as possible for you folks.
As you may know, Aave's LEND was one of the leaders of the previous leg up, so it's definitely worth paying attention to
I've outlined the analysis on the chart as you guys seemed to like that style...