LUMIA Main trend -91% Low/high zones 01/18/2025

18 mag

Logarithm. Time frame 3 days. Fresh cryptocurrency. This main trend of this cryptocurrency itself (the entire history of trades) acts as a secondary trend in meaning.

The legend of the utility-imitation of this cryptocurrency is the tokenization of assets. A very good idea for the future hype of this kind, especially if they will continue to hype the "American" HBAR.

The chart shows the zones (support/resistance horizontal and dynamic) of maximums and minimums for work.

Now, after breaking the logic of the descending wedge (all the price drop), the price went into sideways consolidation. The channel step and local levels are shown. If they draw an inverted head and shoulders with the price in the channel canvas (part is already there), then there will be an exit to % of its base up, just to one of the following designated resistance zones. If the market as a whole is negative, then from this consolidation there may be another wave of decline. The zones are shown in the idea.


The asset itself was dumped after a local listing pump by -91%, these are not the minimum values ​​for assets of such liquidity. But, sometimes if the market as a whole looks bullish, then the trend of the wrapper is reversed, this is an acceptable decline, but not minimal. Consider this in your money management and work tactics.

26 giu

Nota

26 06 2025 the price was lowered again to the support of the horizontal channel on this "fresh cryptocurrency". A -91% decrease for cryptocurrencies of such liquidity is very little. 94-96%, as a rule, is where the price comes to on most similar cryptocurrencies, with rare exceptions. Although, if the wedge breaks through, there will be a movement back to the resistance of the horizontal channel and the median of the descending channel (red dotted line). But, this will still be a summer consolidation zone.

The biggest trump card in this cryptocurrency is a successful imitation legend - tokenization of assets.

It is rational for traders to work from zones and on a breakthrough.

If you do not have a trader's approach, then collect in parts with free money, but from a smaller amount to a larger one.

26 giu

Nota