Long
LEND - A scenario for accumulation
Through some weird forces of the universe, LEND seems to be a decent trade for me historically. And yes, I know, I know, "past performance is not indicative of future results". However, what I would like to point out is the fact that LEND has seemingly reached its previous accumulation floor. I ma not refilling my bags yet but I will definitely keep a close eye on it for the next few days. A seeming support/accumulation floor is found at the mid to high 500 SATS level. Will update in time
Note
Current support didn't seem to hold. Many other alts seem to be dropping below the previous accumulation we have had in March/April. We'll see if this is indeed a breakdown from support.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.