Just starting to look into some of my favorite Alts after that 0x run. Lumens will be first on that list ;-)
Background : Please refer to the upper arrow, signaling a good break of the 618 for buyers. Since that time, as expected, we are experience wave-like volatility as the market struggles to make a definitive decision. Do not be mistaken, lower targets exist and are unrealized. This strong area of confluence, is most certainly, the ideal buy zone.
However, for the past six months we have had some good support near the 3k sat range. And this could also be an area likely to see some market reaction.
Alarms have been set. Chart will be updated upon further data.
Chart is for Entertainment only...
Longmoney
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Notice the Vegas Wave and price action. Yes, a 50... But I most certainly would rather miss this trade and play a longer term swing as we await BTC.
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Lumens has broken my first barrier. I will be adjusting for lower TF's now :
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Quick market update. No alarms on Lumens. Resistance zone ahead :