BITTREX:XLMUSD   Lumen / US Dollar (calculated by TradingView)
Lumen, made a great run up in the past weeks/month. Touched the top of the channel, expecting to calm down for now. Why? Let's see.

It's dropped out of the bullish RSI trend, it made a negative cross on the MACD (while this is turning up for now and RSI also), volume going down, finished 3th Elliott Wave , expecting to retrace to leg 4 before we'll head upwards at the end of this year again. Not buying for now.
Is it still valid?
Stay behind.
my count shows three isn't finished

you dont think the fall from 32 cents to 13 cents constituted wave 3?
xdog whoisthelorax
@whoisthelorax, yes, but of a lesser degree. i believe this was the top of the third of the move that started at the bottom of your two
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out