Many were bullish with LND around a month back. How quickly the tides have turned.
Based on what we see on the chart, it is now caught inside what is known as a diamond. The start is quite volatile with volume increasing then it is consolidating in a symmetrical triangle with diminishing volume. Getting the base for this, we get a downside target of under 70 centavos. Of course the ride downwards won't be one straight line.
There will be supports at 1.16, 1.04, & .90, respectively. Once those areas have been broken, then we might see some sort of a bungee jump...without a cord.