Two patterns support the idea that Lumia is heading to $1.5 ish. The declined channel and the (expected) rounded bottom, are two patterns that leads Lumia to its target. For the rounded bottom, if Lumia breaks the 1.21 it is a clear sign this pattern is activated.
Based on the previous Bull Run, following the same calculation and logic ... this Bitcoin 3 M candle may close at $ 96,275: 28993 - 13880 = 15113 ... (*2 = 30226)+28993 = 59219 this is October 2020 similarly 2024= 71285 - 58790 = 12495 ... (*2 = 24990) + 71285 = 96275
When wicks are removed, the descending channel becomes more clear and sense. The time frame (tf) is 4H. I except to reach the upper of this channel and if it breaks it, it will reach to its target which is around $ 1.5 ish.
A possible rounded bottom is forming. The decline of Lumia so far indicates this pattern.
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.
If the decline scenario triggered, the Lumia may form (W) pattern .. it final leg may reach to $4 ..
few 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...
Lumia .. 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 ......
A cup and handle is still in place ... if the pattern activated .. DAR will fly to the sky ...
forming a (W) followed by a rounded bottom ... if triggered (the neck of the rounded bottom) ... the target is black bar that indicated on the chart ... Mote that: the time frame is 15 min
Lumia ... may form a rounded bottom ... aiming to $4 ... the fractal I took is from SEI (its daily basis) .. applied to Lumia 15 min time frame ..
DAR is forming an inverted head and shoulders pattern, suggesting a potential bullish reversal with a target of $2.4. Currently, on the right shoulder, NYSE:DAR is also forming a triangle, which could signal a breakout soon, confirming heading upward.
ORN is forming a bull flag ... note that this a daily chart ... the "pole" was created early this year ... I expect a great performance for ORN
NYSE:DAR is forming inverted head and shoulders .. the big one is the black one, and the small one is in red .. the dotted line in the yellow circle is still undergoing .. once the small is competed ==> it is the spark for the large one to start ... based on the Horizontal rising channel, the price is expected to reach the neck line == $0.32 (+/-) around...
the DAR-BTC pair .. is done correction ... The direction is changing now ... and the RSI shows a tremendous buying power ... Targets are shown there ...
I expect BTC will consolidate in the green box .. till Uptober (October) and then it will explode to the upper part of the channel (+- $105 k) ..
I found this fractal which I believe it is applicable for DAR .. I got this fractal from ORN price action.
C98 is trying to break the substantial current resistance and heading to next resistance level which is $1.2 Keep in mind that: In a bull run, resistances are there to be broken.