XLMUSD is preparing for another bullrun. After the last impulse wave failing to break the 0.618 level (for the second time), it is clear where Lumen has it's resistance. It will be oscillating at the 0.236 level waiting for another try to break that ceiling. If in the next run it achieves to break the resistance, the next objective will be around .50Not a financial advice.
Note
It might take a couple days before the next run, not a certain pattern at the moment (on the 4hr view).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.