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Lendbtclong

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
LLong
by ssari
1
LEND.BTC (Y20.P3.E3.v3).Gems in the making.No.2Hi, This is a continuation of the previous post, link below. This is part of my Defi - Gems in the making series, No2. Kava is No.3, SOLBTC will be No.4, etc As you can see, I have updated my chart and target areas....I suggest keep going long. Why, I expect 3 or 4 impulse moves before another major pullback or sell off. (Until BTC hits its target, we will likely not have a sell off) However its better to keep raising your stop limits, strategically placed as we go up. With regards to the next target, I have noted the following: - The height of the formation has confluence with the fib level, extension - Using the CPR tool on the weekly R1, it too has confluence with both the height method and fib. level. However the trend line is also a strong resistance FYI, with regards to LINK, I would suggest looking at the chart and place a stop loss or sell soon. Apply the stick test on the bottom trend, If its vertical, its unlikely to be sustained. Please give me a like or tick for this post. Cheers, S.Sari PREVIOUS POST
LLong
by ssari
1
LEND.BTC (Y20.P3.E3).Price Action explainedHi All, LEND BTC pairing just went through a Parabolic curve pattern (with 4 bases) and peaked with a nice pullback to an expected fib. level.(0.5) macro level. This reminds me of 2 scenario's. The early stages of the BTC bull market which had 3 or 4 parabolic runs. OBSERVATIONS: > Daily chart: 21/34 EMA recently tested and passed with a double top. I have a fractal on the BTC that gives an insight what its likely to do, chart below. > Daily indicators show downward pressure however not a strong pressure as the MACD will likely bounce off the signal line if it comes to it. Phoeix shows the downward pressure energy with the 2 RSI crossing reflecting both the MACD and stoch. THOUGHTS: I am of the opinion that we will come out of this like the fractal below with another parabolic run to this current one. As per my initial chart, we have the 21 ema daily tested and a double top with the 2 fib levels tested, so leaving one more fib level to test before going to the upside again. Depending on the market SP500 or Gold PAUSE\go sideways, then it is likely for LEND and other ALTS to start the next their run. NOTE: SOL and LINK are probably peaked and will do what LEND has already done with some formation of consolidation. Please give me a tick or like for this effort. Regards, S.Sari PARABOLIC curve pattern\structure Daily chart: 21/34 EMA recently tested and passed BTC Fractal likely type of pattern after a parabolic run that has a double top follow through SOLBTC comparison
LLong
by ssari