Published: 05 Jul 2018 › Updated: 05 Jul 2018
ETHlend Trade Idea
As you can see in the chart Lend has slowly been accumulated and is back at its previous support. From here Lend is likely to rise once MA crosses that we can clearly see in Chart. There have been some high volume on Lend recently so I expect a 20-30% increase in coming days. Besides on daily chart a good triangle is being formed as Bollinger Bands gets squeezed.
The only concern here is a bit higher RSI that can put a sell pressure on current price.
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