After the sharp rise last year lumens have formed a giant consolidation symmetrical triangle marked by orange, and has been riding a medium term uptrend marked in blue. Movement out of this triangle should be considerable. Fibonacci retracement levels have been in play.
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.