ETHLend (LENDETH) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, ETHLend began a wave one advance on December 14, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 7 this year, and the red wave two (blue sub-waves a-b-c) correction ended on February 6. If this wave count is correct, ETHLend should be heading next towards the January 7 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Here is an ETHLend Project review published on January 20 by Keys to Freedom Crypto Diggy.
(Sources: https://ethlend.io/en/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "ETHLend will takeout the January 7 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "ETHLend will drop below the December 14, 2017 low".
If you think ETHLend is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "ETHLend will stay in a trading range between the December 14, 2017 low and the January 7 peak until March 11".
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