LEND - Following one of my buys through a possible alt season

4 thg 5, 2018

Many traders I know seem to be very bullish this time of the year, calling alt season left and right. And while I did make some nice profits for the past weeks simply through flipping alt bags on exchanges, I am considering if we have now reached a small reset for the indicators or if alt season was just a massive bull flag. For now, I am going with the first option. Lend has been doing a bit better than other alts in recent days, growing slowly but surely as opposed to 40% pumps followed by stronger retracements. Many coins seem to be completely overbought in the RSI, Stoch and MACD, but I think LEND still has a decent room to grow for now. The MACD screams "let me go up" but the larger spike still hasn't appened yet. I am optimistically following LEND with my take profit targets being unchanged since sub 700 SATS.