After few months of bearish markets, finally it's time to rise Up, lumen is one of the coins that clearly shows upward movement in early stages these days, right now it's sitting on 505 Satoshies, but, the closest take profit target would be between 805 and 950, the next target that is based on resistance level is around 1280 to 1300. don't miss this golden entry time early in the new up trend on this market. What you see in the indicators are squeeze in momentum and volume indicators while the price is rising up, this is a very good news for those who know that after squeeze, at the time of expansion, there will be big moves on the price, why is this a good news? when the market goes up during the squeeze, there is a higher probability of strong upward movement on the price.
Too many indicators makes me nervous,But I guess,you're right.At least I hope.
CAB_Member
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@ImpureRickSanchez, i know how you feel, the thing is that each one of those indicators show part of the market's energies and some of them are not there for analysis but for getting confirmation for what you may see on one or another indicator. if you drop all of these on your chart from day one, then yes, you won't be able to analyze anything, but when you drop only two or three of them (the main ones) and work with them for few months and then add another single one and follow the process by adding a new one each month, at the end of the year, what i have in front of me wouldn't take longer than few seconds to analyze for you because your eyes got used to what is there and your brain would know what to look for without you trying