We saw a resistance on 0.4 level in the bigger timeframe (PIC BELOW) which now seems to have broken out again. Above the 0.4 level there is a consolidation forming, good for us because we can look to buy the break out from this formation.
I do not have a price target for this pair, because we all know it's crypto and no one knows how high it can go. I personally was holding Lumens for quite a long time now. I will increase my position if the price breaks out from this consolidation and will hold until I see either bearish technical signs for this pair or bearish fundamentals for the market overall. Either way, will keep the updates on this post.
I do not have a price target for this pair, because we all know it's crypto and no one knows how high it can go. I personally was holding Lumens for quite a long time now. I will increase my position if the price breaks out from this consolidation and will hold until I see either bearish technical signs for this pair or bearish fundamentals for the market overall. Either way, will keep the updates on this post.
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