$LUMIA 👈 Click here to see Real Chart, bottom tag is not same chart
The risk here is only 6.42% for a potential 1:2 reward. LUMIA ran up 67% in 24 hours, then barely pushed past its old high at 0.13539 before reversing hard. Price is now back near that old high. I think it will head down to the 0.11932 inducement level that has been untouched since it formed. Entry at 0.13689, stop at 0.14568.
🔴 Short
Entry zone 0.13689 | Stop loss 0.14568 | Take profit 0.11932
The risk here is only 6.42% for a potential 1:2 reward. LUMIA ran up 67% in 24 hours, then barely pushed past its old high at 0.13539 before reversing hard. Price is now back near that old high. I think it will head down to the 0.11932 inducement level that has been untouched since it formed. Entry at 0.13689, stop at 0.14568.
🔴 Short
Entry zone 0.13689 | Stop loss 0.14568 | Take profit 0.11932