LUMIAUSDT trade ideas
LUMIABINANCE:LUMIAUSDT BYBIT:LUMIAUSDT.P
#LUMIA is showing a bullish breakout from the falling wedge on the 4-hour chart, pushing towards key resistance levels. With momentum building up, this could lead to further upward movement if the trend sustains. Watch for a potential test of $1.5 in the near term.📈 $LUMIA #LUMIAUSDT
Lumia - Descending Channel although this channel is valid, it is a weird channel .. half of it goes with the lower part and the other half goes with the upper part of the channel . Despite that, and depending on the breaking point, its target may range between 1.24 and 1.68. The strength of the volume is crucial to confirm the breakout.
Lumia - Hit and Run Patternfew minutes ago I published an idea support the decline of Lumia for a short term .. I just noticed that Lumia is forming a very serious pattern .. the Hit and Run pattern ... This pattern has 4 targets .. the first quartile length of the black bar .. the half of it, the 3/4, and the final target at the end of the column (bar). Amazingly, the final target meets with our previous (short) Lumia analysis that I published few minutes ago ...
Lumia - for a short term: 2 PatternsLumia .. has two patterns that support to break down ... 1) is the parallel channel target (the black dotted column .. 2) the impulsive downward wave and its triangle (blue and burble) .. the targets match with the local bottom Lumia formed # 1.10 ..
If this scenario occurs ... then Lumia may a form (W) shape that will get Lumia up to more than 4 dollars ... (I will publish another idea if we reach there)
