Not making any forcasts but LEND has responded favourably against BTC. Looking at the 6 HRLY, its got confluence with the 21\34 Ema. The structure is bullish which is now held back at a specific level however on the lower time frames it is the 3rd touch. So the pressure is to the upside.
Cheers, S.Sari
Potentially a butterfly harmonic (BEARISH)
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1st Target reached
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The other scenario. 2 levels, 1.618 and 2.24
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potential structure moving forward
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Hit my target, I'm out.
Trade chiuso: obiettivo raggiunto
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Sometimes you need to be at the right place at the right time. Since I noticed the DEFI coins always did well with BTC drops, my focus was on KAVA, LINK, and LEND on this drop. KAVA wasn't doing good but LEND and LINK did respond strongly and hence my trade.