Lend experienced the biggest growth with the explosion of DeFi bomb, surfing on a parabolic curve toward incredible targets. But there is a down for every up, and that down seems to be just a few steps ahead of LEND. Expecting a huge correction, in terms of time, price or even both for LENDBTC. Possibiliy till the red curve.
Which I choose the second option (die) here. And wait for ZECBTC to do it after testing range low again. If ZEC surprises me with an early breakout of range high, then will look for a long at the retest.
Not at the best entry yet. But 164-192 is where the reward is worth the risk. Targeting top of the range and 450-500 after breakout. Who knows maybe a new ATH.
Actually, there is no safe bet, but we have an entry zone at 24-28 and a safer one above 48. Targets are 38 - 48 - 58 - 68 - 78. ;)
The index itself is in a range while tokens like lend are extremely bullish for weeks. But there is a time for everything... As the DeFi index is approaching the top of its range, and RSI also reaching its bear trend while apparently having a bit of bearish divergence too, we can expect the next move to be another test of bottom of the range. A breakout afterwards...
After some of the major altcoins pumped, BNB seems to be ready to follow. It is above previous tops, so we can expect $21 and maybe $27.
After a long consolidation that appeared to be wyckoff distribution, UTAD event was unsuccessful, price didn't enter back into range after breakout, and bounced. And here we are... 1790 seems to be getting weaker at each test, forming a descending triangle pattern. Along with this three drive pattern, It sounds more bearish. I expect the rising channel to break,...
After a 400% move, of course it's not bad to have a 50% correction. Vet will possibly hit the breakout level which can be a buy zone.
XLM seems to be broken out on both BTC and USD pairs. Prepare for the possible retest...
POA is one of good coins out there from both Technical and Fundamental aspects. You can buy it at current prices or support zone for either short-term or mid-term trading.
Monetha is accumulating since mid 2018! But its trend angle is changing. And its almost moving horizontally since 2019. Currently this falling channel looks important. Trade after breakout. Here is a long-term view (experimental):
We are almost half the way and MANA is the 13th in my list of recently analysed Binance pairs. Another altcoin that I see a big move possibility for it in near future.
The specified support zone is best buy zone but with risk management you can start buying from current levels.