Lend
LEND / BTC - Next LINKBINANCE:LENDBTC
LEND Chart.. if you follow me you know I don't write a bunch.
1. Good Fundementals
2. Perfect Pattern.
3. Will be Next LINK.. Buy&Hold
NOT Financial advise!
LENDUSDT AnalysisAt this moment, there are 2 SELL signal present and I'm BEARISH .
So, I don't think this is a good time to buy yet.
If you want to buy again, we have 3 different options.
1- You can wait for EngineeringRobo's BUY signals to be present,
2- You can wait for candles to open-close above resistance level (0.82) for 1D to buy,
3- You can buy when candles touching the support line (0.31)
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
LEND.BTC (Y20.P4.E4).Macro.Bullish short termHi All,
This is in line with my other chart for LEND.USDT post, link provided below.
Most ALTs are doing some bottom like formations before we see many braking out to the macro level, BTC dominance soon to drop significantly, as I and many forecast it to be as the bull market gets momentum at these early stages.
LEND is one of those who has a nice trend and good returns.
Keeping it short, I see this bullish for the next two weeks with some bullish macro reversal formation to take place.
Here is my thoughts on LEND.BTC pairing for the short term.
Note the following:
> the structure at the macro ( wedge structure) level and with 2 short term targets, as per chart, orange or pink formation;
> staying above the main sloping support trend line; If it breaks this, then its a change in trend, hence get out of this ALT; currently unlikely.
> elliot 12345, and looks like the ABC correction is complete;
Please give me a like or tick for this post.
Cheers,
S.SAri
8 HRLY chart, I still see upward pressure;
PREVIOUS LEND.USDT Post
Lower Prices Looming For LENDUSD Since our initial analysis on LEND projecting a 20,0005 upside potential...
...price so far is following our rounded bottom formation with MACD showing increasing negative momentum.
We continue to watch for support at the horizontal level (blue line) over the coming weeks.
Do you trade LEND? Or just accumulate for the longer term? We're still undecided about adding LEND token to the SparksterSignals platform (link below). Insight from active traders is most welcome.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
LEND buying opportunityPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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AAVE double top formation played out nicely with a perfect touch of the neckline
- Blue zone is heavy support with three clear touches
- Blue zone coïncides with the golden pocket on the FIB extention
- MACD bullish crossover in the making
I would wait for a retest of the blue zone and accumulate between 4200 & 4400 sats to get a nice average cost.
I will set my stop loss right below the golden pocket (4000 sats), which is rather conservative.
Targets are:
TP1: 5400 sats (25%)
TP2: 6200 sats (just below the .272 FIB & resistance level)
TP3: 7100 sats (just below the resistance level
How do you feel on this pair?
Aave poised to make new highs. LENDUSDDon't lend it, profit from it. Similar pattern here to what we've seen on Link as well actually. This one is poised to make new recent highs, I believe. Fractals never lie. Fib Goals are in gold, invalidation in red. NFA.
Aave 20,000% Gain Coming Again?Over the past year LENDUSD (Aave) has risen 20,000%.
Right now we see a retracement which may find support on the previous ATH of 0.36 (blue horizontal).
MACD is also trending down on the Weekly time-frame.
Now may not be the best risk/reward moment for longer-term trading or investment in Aave, however given the epic performance over the past year, this is one to watch.
A consolidation phase will produce several strong entry opportunities in coming weeks, possibly months, before LEND gets going on its next leg up.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
Will DEFI Continue to Correct?DEFI has been a huge part of the crypto market as of late. So it is important to keep an eye on the index for this group. Today we will be looking at the DEFI ticker and see what we can find out. Let’s hop onto the chart!
So since the market topped, we have watched the DEFI downtrend take place. There are some signs of a reversal here, but we need to see a higher low be put in on the price and the RSI to be sure of a reversal. Right now, we are seeing a failure on the trend line, but we could see the 61.8% retracement act as a support. If we fail here, we will likely go down to the 78.6% retracement and put in a lower low. This would likely create a second bullish divergence and we would feel comfortable taking a long position if this occurs. Overall, it looks like the trend will continue for now.
Happy Trading!
Aave Technical Analysis: LEND Flashing Sell Signals
Aave is on the verge of a descending wedge breakdown, emphasizing the bearish grip.
LEND/USD to seek support at the 50 EMA and the range between $0.50 and $0.45 if selling pressure mounts.
Aave currently holds the third position in decentralized finance (DeFi) as far as the total value locked is concerned. Data by DeFi Pulse shows that Aave has $1.52 billion of valued locked, following a 2.45% loss in the last 24 hours. UniSwap currently holds in the first position with over $2 billion of locked funds. It is followed closely by Maker with $1.95 billion.
Meanwhile, Aave is exchanging hands at $0.56 after running into a barrier at $0.60. Its immediate downside is protected by the 100 Exponential Moving Average in the 4-hour range. The relative Strength Index (RSI) in the same range shows that bears are taking back control over the price. The RSI made a steady recovery from the overbought on September 21 but hit a snag slightly above 60. The ongoing retreat puts emphasis on the downtrend.
If the price drops below the immediate support (100 EMA), LEND could easily spiral to the next support provided by the 50 EMA. Note that, such a move would confirm a breakdown below the ascending wedge pattern, hence the possibility of the downtrend extending to the support in the range between $0.45 and $0.50.
For now, the cryptoasset is in the hands of the bulls but buyers are not ready to give up control. Therefore, if the Aave holds above the 100 EMA and gives way for consolidation, bulls will have ample time to forge another attack on the critical level at $0.60, thereby restarting another bullish trend.
Aave Intraday Levels
Spot rate: $0.5676
Relative change: -0.004
Percentage change: -0.70%
Trend: Bearish
Volatility: Low
LEND.USDT (Y20.P4.E3).Macro.Bullish short termHi All,
Note: Another chart continuing off from the previous post, link supplied below.
Also note, log disabled on the chart.
As per the chart, another LIVERMORE cycle completed and I have scenario 1 more likely at this point than scenario 2 with a daily hidden bullish divergence.
Note how the RSI supports scenario 2 so far.
We also have BTC dominance dropping while the ALTs keep driving up.
Please give me a like or tick for this post.
Cheers,
S.SAri.
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12 HRLY chart
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LEND / BTC pairing
12 HRLY chart
DAILY Chart
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PREVIOUS POST
LENDUSDT - Hello Darkness my Old LEND?LEND was an early DeFi protocol which seemed somewhat overshadowed by YFI 's collective tokens rising to unheard of heights in a matter of months. Still, early adopters of LEND enjoyed over %1500 profit from it's listing on Binance to it's ATH.
Since then, LEND has dipped, attempted to rise again, failed, and then dipped horribly. What does the 4H chart say for the future of LEND ? In Heikin Ashi ! Because why not?
First, I have to note, I'm not sure why LEND didn't get the same level of insane pump the YFI tokens did. There almost seemed to be some form of artificial price suppression taking place at the higher levels. I haven't read into external factors to know if there's something specific causing this, but the gains just seem lackluster when compared to the DeFi boom.
Currently, the price is sitting in what was previously a very strong support level, circled in red. We can see on the chart the last time it was here it didn't linger. Now it sits.
At this moment on the Heikin Ashi we're seeing the first green tick in two days, this can change as it's 4H chart and just opening the candle and up until now it has been a clear down trend.
Price just passed below EMA 200 , Traditionally a strong pullback point for lend. Historical pullbacks below this level are circled in green.
We did just get a pull back from below this level days ago, as well as one just before that; so the bulls may be faltering and needing a serious reload to keep up with the down pressure.
MACD is bad. No two ways about it. Slight signs of moving in the direction of a cross, but it looks to be a good ways off and the deviation is significant.
Stoch is on the uptick at least. Though not much of a signal with the other bearish signs.
BUYING IN?
This is likely a wait for it to pump a bit and short if you're unlucky enough to still be hodling and didn't short before. Big support was broken recently and if we see a breakdown the downs will be big. I'd aim for .28 or below to close the short.
If you absolutely need to take a long position, you might be able to squeak out a 13% TP around at .55 if the market can muster a bounce to .236 fib.
LEND does have a history of bouncing from these lows to .5 fib, which would be around .67 cents. If the market rebounds across the board tomorrow and sustains it for a day I could see this.
I do not have much faith in this happening. External factors don't look good.
Bottom line... I am not buying this right now. DeFi token bubble at least, may be bursting.
Young charts are tricky beasts sometimes. Best to keep them in the wild rather than get bit.
I'm a simple guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you.
Feedback, criticism and crude humor are welcome :)
LEND.USDT (Y20.P4.E2).Macro.Bullish short term
Hi All,
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 correction to take place.
Hence I have factored this into this structure.
What's going for the ALTs is potentially US dollar dropping after a short rally in the coming months.
As I said in my previous post, the markets don't display a directional bias at this point but with a likely correction phase.
Please give me a tick or like for this post.
Regards,
S.SAri
Overview of LEND
Weekly perspective: Support line being the critical level to hold
#LEND #AAVE Correction $lend Bullish Butterfly Pattern#LEND #AAVE Correction $lend Potential Bullish Butterfly Pattern
Aave Technical Analysis: LEND plummets 20% in 24 hours
Aave reacts to a bear flag, extending the lower leg to refresh support at $5.50.
LEND/USD is mainly in the bulls' hands, but a reversal is anticipated at $5.00.
The cryptocurrency market is deeply in the red following the initial declines recorded in September's first week. Recovery has not been forthcoming both for the small coins and the large coins by market capitalization. For instance, Bitcoin dived to support at $9,800, but its recovery steam keeps losing momentum before hitting $11,000. Similarly, the smart contracts giant token, Ethereum, has not risen past the critical resistance at $400.
DeFi projects like Aave are performing worse than the major coins. In the last 24 hours, LEND has lost over 20%. At the time of writing, the token is seeking support at $0.55. The losses come after Aave reacted to a bear flag pattern, as illustrated in the 4-hour range.
Flag patterns are used in technical analysis to signal the continuation of the previous trend. For example, LEND succumbed to the bearish pressure in the first week of September. The token was forced to seek support above $0.40. A recovery ensued with a bear flag pattern that eventually broke down, paving the way to continue the bearish trend.
In the meantime, technical levels highlight that Aave is not down with the downside. The ongoing declines have potential aiming for support at $0.50 and $0.40, respectively.
Consequently, if support at $5.00 holds the fort, there a chance that Aave would resume the uptrend. The notion for recovery is brought to light by the golden cross formed like the 50 Simple Moving Average (SMA) crossed above the 100 SMA. In other words, there is some buying pressure in the market, perhaps not enough to cause an immediate reversal.
LEND Intraday Levels
Spot rate: $0.57
Percentage change: -3.86
Relative change: -0.021
Trend: Bearish
Volatility: Expanding
LEND looks green. LENDUSDAt the beginning of 5th Wave Impulse here. Fibonacci levels for goals and expected time for completion. Invalidated if we drop below start of fractal. I will be watching this space carefully and modifying goals, as the market action unfolds.
Two buy opportunities on this chart for LENDBTC Mid-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0000577).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LENDBTC is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 0.0000699
TP2= @ 0.0000785
TP3= @ 0.0000874
TP4= @ 0.0000996
TP5= @ 0.0001150
SL= Break below S2
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Short-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0000628).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LENDBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 0.0000699
TP2= @ 0.0000785
TP3= @ 0.0000874
TP4= @ 0.0000996
TP5= @ 0.0001150
SL= Break below S2
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