Just a quick note to say that it looks like a nice spot for a short-term trade.
Lumens is just above the 20 DMA.
MACD is just above the supporting trend line of the recent rally in yellow.
RSI is entering oversold.
Keep a careful eye on where the support and resistance are taking place to control risk and lock in any gains (not very specific, but I did say this...
Looking at the 4-hour chart there could be a little further left to run up to about $9,200-$9,400 (yellow line) since we passed both the 50 and 200 EMAs.
As far as the downtrend channel everyone is talking about, it might have shifted (pink lines) to have a less disastrous fall (while it might be nice to buy some BTC at $2,000 or less... probably not going to...
