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Lend

LEND Will Be Huge SomedayHi there, I want to start saying that I'm a huge fan of the Lend project and wishing them a great future. In the last couple of months, I bought and sold Lend many many times. Ranging from %5 to %30 profits, so far it hasn't put me in a bad spot at all. After finding the bottom at 477, Lend has started its up trend and made a great trend line. However, due to the BTC's volatility, the price has fallen from the trend line and as you can see now, the support became a resistance. That one is not a problem. The problem is 700 and 1100 satoshi areas. These numbers are key resistances for LEND, it need big volume to be able to pass them. Hoping the best for this project. I will grab a big bag again, once the stability returns to the market. I'm a beginner and would appreciate every input. Feel free to comment.
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by bolargon
Lend, Where Is the End?There isn't any obvious support in the area that we're in. The price previously went as low as 822 so we will have to see if it reaches that price again. If it does hit the 820's and bounce back up, that would be a good indication of support. I've drawn in channel lines showing the most recent trend. We will continue to trade down until we break the upper channel. The rsi is currently in oversold territory. Anytime the rsi is oversold or overbought, a price reversal usually follows. Bitcoin has been bullish all day. When btc makes a run altcoins generally fall. That's the nature of this market and it's important to keep that in mind while making your trades. Once btc cools down we will most likely see lend recover. On our way back up, watch out for the 55 and 200 ema as they will act as resistance. If you look to the left side of the chart you will see that I've circled a few candles. Notice how the wick of each candle is significantly higher than the body. This implies that there was struggle to get above the ema's. When trading across the ema's we first want to close above it. Then we want to bounce off of it to confirm support. So that's something we will look for if we see the price trend up.
LLong
by bensonwithin
Lend UpdateThis is a quick update on BINANCE:LENDBTC as well as a potential short term profit. I've taken out the support lines to make the chart a bit more clear and to focus on the current situation. My personal buy in is around 912 with a sell target of 998 which is a 9% gain I based my target on the 78.6% fib retracement along with the fact that the orange 55 ema is heading straight to that same target. If there is an indication that the price will rise higher than the 55 ema then my second target would be near the 200 ema. However this is still a bit too early to call but I'm taking a gamble. *Disclaimer: I am not a financial advisor. These charts are my opinion.
LLong
by bensonwithin
2
LEND POSSIBLE 250% MOVE ???Hello everyone, Here's my thought on what could happen to ETHLend in the close future, especially with the BTC possible 5th wave starting. LEND will not avoid the hit but definitely has an AMAZING potential of bouncing right back up where it belongs and it could go VERY FAST. Remember risk vs reward is what you should be hunting in this crazy volatile market. RISK MANAGEMENT should be your priority. This being said, there's no hurry to get in this one. Just keep an eye on it and let the chart show you the way :) Again, this is not a guaranteed move but VERY possible. BE SMART. Thanks for sharing if you liked :) Pan / CryptoCerwin Twitter : twitter.com
LLong
by Pancarte
5