Hi there,
I want to start saying that I'm a huge fan of the Lend project and wishing them a great future. In the last couple of months, I bought and sold Lend many many times. Ranging from %5 to %30 profits, so far it hasn't put me in a bad spot at all.
After finding the bottom at 477, Lend has started its up trend and made a great trend line. However, due to the BTC's volatility, the price has fallen from the trend line and as you can see now, the support became a resistance. That one is not a problem.
The problem is 700 and 1100 satoshi areas. These numbers are key resistances for LEND, it need big volume to be able to pass them. Hoping the best for this project.
I will grab a big bag again, once the stability returns to the market.
I'm a beginner and would appreciate every input. Feel free to comment.
I want to start saying that I'm a huge fan of the Lend project and wishing them a great future. In the last couple of months, I bought and sold Lend many many times. Ranging from %5 to %30 profits, so far it hasn't put me in a bad spot at all.
After finding the bottom at 477, Lend has started its up trend and made a great trend line. However, due to the BTC's volatility, the price has fallen from the trend line and as you can see now, the support became a resistance. That one is not a problem.
The problem is 700 and 1100 satoshi areas. These numbers are key resistances for LEND, it need big volume to be able to pass them. Hoping the best for this project.
I will grab a big bag again, once the stability returns to the market.
I'm a beginner and would appreciate every input. Feel free to comment.