LEND.BTC (Y20.P4.E4).Macro.Bullish short term

Тема в разделе "English", создана пользователем Trading Ideas, 27 сен 2020.

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    LEND.BTC (Y20.P4.E4).Macro.Bullish short term
    Aave / Bitcoin BINANCE:LENDBTC
    ssari
    s217gEjD_mid.png
    Hi 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;
    idea-image-placeholder.svg

    PREVIOUS LEND.USDT Post
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