While LemonCoin (LEMON) made its last transaction at 0,002070 USD with a decrease of -0,000030 , the trading volume was % -100 bellow the 90-day average. It is seen that the crypto currency, which has been under the influence of a strong bull market for the last year After the long-term downtrend that continues up to the 1,6 level, the crypto currency seems to try to form a base here and continue the short-medium term uptrend that it started with the effect of purchases from the same level. It closed its last closing below the 300 and 90 day moving averages and above the 30 and 10 day moving averages.
In the last 10 days, technical indicators of the crypto currency have given more than one sell signal.
The second point of resistance is at 2,5 level and The second point of support is at 1,92 level.
In the crypto currency, the Bollinger Band entered a position 311,9 percent wider than normal, while the last closing occurred 49,56 percent below the upper line of this band. On the other hand, the fact that the oscillators are in the oversold zone indicates that there may be a short-term response increase regardless of the general trend. The Stochastic indicator signaled to sell today. The Stochastic indicator was last given a Sell signal 1 days ago.
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