LEND.USDT (Y20.P3.E1).Ready for another big move
Updated
Hi All,
I have not traded with LEND since I missed it the first time, however I feel this is another opportunity.
Really its 51/49% move as its very symmertical in the approach.
What's going for LEND is the following:
> Strong uptrend up till now;
> Current structure doesn't look like the traditional reversals, more so like BTC before it broke up (Crocodile formation);
> Smaller time-frame (charts below) shows that the pressure is upwards based on the CPR levels;
> Many of the DeFi ALTS have been consolidating, re-accumulating for the next stage up (I believe).
> The 2 Day chart below shows bullish candles to the upside. Weekly chart the same.
> 4 HRLY chart > indicator looks like a squeeze happening like others, before the made a move up.
What's your opinion?
Please give me a like or tick for this post
Regards,
S.Sari
4 HRLY chart
2 Day chart
Weekly chart
Some news:
Aave Revamps LEND Token Economics: Adds Staking, Liquidity Mining
Aave is overhauling its token economics by adding liquidity mining and staking to its protocol. The change is aimed at helping LEND holders capture more of the protocol’s growth.
A few minutes later
I have not traded with LEND since I missed it the first time, however I feel this is another opportunity.
Really its 51/49% move as its very symmertical in the approach.
What's going for LEND is the following:
> Strong uptrend up till now;
> Current structure doesn't look like the traditional reversals, more so like BTC before it broke up (Crocodile formation);
> Smaller time-frame (charts below) shows that the pressure is upwards based on the CPR levels;
> Many of the DeFi ALTS have been consolidating, re-accumulating for the next stage up (I believe).
> The 2 Day chart below shows bullish candles to the upside. Weekly chart the same.
> 4 HRLY chart > indicator looks like a squeeze happening like others, before the made a move up.
What's your opinion?
Please give me a like or tick for this post
Regards,
S.Sari
4 HRLY chart
2 Day chart
Weekly chart
Some news:
Aave Revamps LEND Token Economics: Adds Staking, Liquidity Mining
Aave is overhauling its token economics by adding liquidity mining and staking to its protocol. The change is aimed at helping LEND holders capture more of the protocol’s growth.
A few minutes later
Note
Note
Not as strong as KAVA and LINK but here is what I think will happen nextNote
what it has going for it, bullish Candlestick on the 4 hr or 8, EMA, Inverted HS, and the trend.Trade closed: target reached
Target reached. Now what?
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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