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.
DAR is forming inverted head and shoulders which is a bullish pattern. In this chart I am using the CoinBase chart and it is on a logarithmic scale .. The atget of this pattern is $1.53 ..
Bitcoin shows a substantial momentum towards the Halving Event. Possibly, the adoption stage takes serious steps in the institutional level. If so, we may see BTC passing the 80 K by the halving and may reach 100 K at the end of 2024. This analysis is supported by the BTC yearly upper channel trend.
NYSE:DAR is performing well and it is heading to its ATH (== $4.8) .. now DAR is resting in the range of ($0.22 to $0.185 ) {the circle} ... in my opinion, $0.185 is still good entry ...
SET:ORN on the (Logarithmic scale) is form two patterns: 1. Pattern #1: Bump and Run (the orange color) 2. Pattern #2: Cup and holder (the dark burble color). Both patterns suggest the same target ==> $2.7 which accidently happened to be the next resistant. SET:ORN has a great potential for higher prices .. in this bull run I expect SET:ORN passes the...