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
Lending
LEND.BTC (Y20.P4.E1).Stalking gems in the making.no.2Hi,
This is a continuation from a series of posts about LEND, links are provided below.
OBSERVATIONS:
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> Trend line as per chart has confluence with the 12 hrly 21\34 EMA ribbon;
> Trend is intact with higher highs and higher lows on the 12 hrly;
> Indicators tell me that its likely we found support here and hence looking for a bottom turnaround on the KDJ and Phoeix;
> This could be the ABC correction and hence a consolidation pattern is likely to take place;
> BTC is ranging for support and likely slowly move up once its confirmed once again 11600 being defended - refer to my BTC post and its update;
THOUGHTS:
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> We can have an ascending triangle of some sort with ABCDE Elliot move, as per ascending horizontal triangles or a symmetrical one;
or we have a 123 impulse which is less likely because like LINK it takes time to get the momentum going;
> Looking for a bullish candle in the smaller timeframes, x2 candles will do it; eg 4 hrly;
Please give me a like or tick for this post.
Regards,
S.Sari
12 HRLY chart
4 HRLY chart
LEND against the USD\T
PREVIOUS POST
LEND.USDT (Y20.P3.E1).Ready for another big moveHi 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
We are in an unprecedented fiscal experimentEconomic downturns are usually accompanied (and perhaps prolonged) by a tightening of private credit, as you can see on this chart of S&P 500 performance vs commercial and industrial loans from all commercial banks. Lending significantly lags stock market performance, but a downturn in lending generally confirms a recession, and an upturn in lending generally confirms a new bull market.
This time, however, is different-- at least in terms of the initial response. The rapid downturn in stocks was met with a huge spike in new private lending, encouraged by massive Fed liquidity, and the recovery of stocks was as sharp as the initial selloff. Now, however, lending has turned back downward, and it's possible that over the next year we could see the same tightening of credit that usually accompanies a recession. The Fed can increase bank reserves, but it can't increase borrowers' collateral or their appetite for risk in a difficult economic environment.
Does this downturn in private lending, like the previous ones, confirm that we're in a recession and that stocks will slide from here? Will the next upturn in private lending signal that we're back in a bull market? Only time will tell, but the results of this experiment will have huge ramifications for both policymakers and investors for decades to come.
Hat tip to @TayFx for help constructing this chart. Also check out his cool charts of SPX vs. M2 money supply and Fed balance sheet:
Z1P $7 LIKELY...(ASX:Z1P) Zip Co Limited offers point-of-sale credit and payment solutions to customers and providing a variety of integrated Retail Finance solutions to merchants across numerous industries, both online and in-store.
x2 Scenarios 1 Long, 1 Short
1.) Bull Flag/Broken Descending Channel Aim for $6.80
- Broken Descending Channel
- Bounce off .382 Fib Retracement
- MACD Cross & Spread 4HR
- RSI Neutral (Trending Up)
- Bullish Market Structure Created
- Long Term Uptrend respected
- 2.7:1 Risk Reward
2.) 'Potential Descending Triangle', Break Support, Fill the GAP
- Head & Shoulders Completes creating change in Market Structure (LINE Bar Style)
- OPEN GAP between $3.75 - $4.75
- Looking for a bounce once OPEN GAP fills
I am interested to see what happens to Price once EOFY Reports start to surface.
These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!
Crypto Trading idea 1 - RCNBTCLooks like an simple trade to me. Great strength and overall backed by the trend where crypto lending products are pumping. The structure is very bullish and we could see Ripio follow Aave which has just had a strong pop. Despite the massive volatility it has held very well and it is creeping up. These trends usually end with a strong rally and don't just die down.
This is at least a 2:1 trade and the target could actually be much higher. I don't think it will top soon, but this could be a good first target.
From now on all my ideas will be recorded and stored here on TV. After missing another trade today by my own stupidity (not shorting the SPX at a level I had marked), it is time for me to take advantage of the Tradingview 'immutable blogchain'. I will try to write down and put out only the best ideas so that I can have a clean view of what is best and also be accountable to myself. Many times I have ideas I really like and never execute, so this could be a great way for me to do what I say (both as a reminder, having a better view and accountability). It will be a great way to get more people to get clean ideas which I haven't been sharing so far.
LENDBTC Fib ExtensionBroadening wedge, large possible returns if the wedge holds for a while, risky trade. However in this market risk often = reward. Horns are present on the 45min chart which may be a sign of a bearish move to come.
LENDBTC Descending ScallopAfter going on a massive bull run LENDBTC has made a retreat, this formation of a descending scallop however shows promise for bulls. Support zone indicated in blue.
LENDBTC cup and handle formationSetting up for a cup and handle formation, resistance at 1 fib level but i feel that if this occurs this will be broken easily. Something has sparked a bull run in LENDBTC whether it be fundamentals or whales simply wanting to make money. Perfect cup formation so far.. I realise price reached dotted purple line but I dont think that affects the formation.
LENDBTC Birth of 200 DMAReturn to regression trend most likely following another pump breaching the trendline. Hopefully for holders this drop will stop at 50 DMA. I have no idea why this coin pumped so hard, let me know in comments.
Will LENDBTC continue?LENDBTC update, more upward movement possible if massive resistance is smashed through.
BNB - Looks Set To Go Down...Even With LendingEven with the new FA of Binance doing lending. It still looks more likely for Binance to go down than up based on the overall trend of the market. I would be waiting for an entry. It looked good 8 days ago but now it has taken a lot off it's prize even with a stable Bitcoin.
LENDBTC Latest Technical AnalysisWe are doing Analysis of LENDBTC on 1 Day Timeframe.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
LendingClub: Could we see lower prices?I think LendingClub has a genius business model. Giving an alternative investment for the average person and quick access to capital for the average person.
However, this company is still losing money, they have had regulatory run-ins with the SEC, and have a Debt/Equity of 2.8.
This company is taking on a massive amount of risk without much industry moat.
From a technical perspective, I see the price trying to stabilize around $3.50, but generally still in a down trend. You can see the descending trendline on my chart forcing price lower.
LendingClub has a deal with Inuit to integrate turbotax, but this good news hasn't seemed to effect price. I expect to see lower lows here.
I'm considering becoming an owner at $2 per share.
Thanks for reading.
LEND Trading AdviceBuy Price: Yellow Line
TP: Green Lines
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
Looks Good? Leave a like, share and tell me in comments if my trading advices are working for you or I am just wasting my time and effort.
Thanks for visiting.
TSLX a trustworthy BUY for longThis company is doing better YoY and looks to be a stock set to surge. Wells Fargo has been making some Americanized purchases to try to build trust. Maybe this is one of them. WFC added about 3,211% of TSLX to it's portfolio according to it's May 1st 13F filing. I would wait for a perfect entry or buy now.
SALTBTC 6h 3/4 of cup formation finalised, last chance to buy?I like to give an idea about the popular lending currency or what you may call it SALT. Hopefully their system of lending backed by collaterals etc (check out their site) will expand to more than just America and some other country I can't seem to remember.
Cool things coming their way.
Remember, bullish season everything seems to shape and go as planned. Well at least if you have SOME SORT OF TA. Right now, everything seems to work. Even buying a coin when the 24 hour change is -10%. No need for any analysis, others are doing it for you.
Buy it at super -%, wait a couple of days, maximum weeks, and bang your super +%.
Not recommending though. Learn more about the cryptocurrency your investing in. Analysis. Plan what to do if it sinks like Titanic or if warp jumps like Star Trek Discovery.
watching this channelLet's see where this one takes us in the next 2 weeks. Watch for break above 11.1k and 13.4k and support around 830
Should I invest in ETHLend CryptoCurrency?Should I buy LEND today?
*DISCLAIMER*:
I am not a financial advisor nor am I giving financial advice.
I am sharing my biased opinion based on speculation.
You should not take my opinion as financial advice.
You should always do your research before making any investment.
You should also understand the risks of investing. This is all speculative based investing.
Populous is ready for the next leg up... Load the boat.PPT is at an all time low and one of the most hated crypto assets at this time. There is alot of risk associated with this trade, however high risk, high reward. Also ADX black has already signaled that the market is coming back from a lul and is now changing its trend.