Long
✳️ Linear Finance Repeating Pattern | Strong Oscillations
Here Linear (LINABTC) can be seen growing for more than a year, since May 2022; higher highs and higher lows.
Before 2023 all the action consisted of a bullish wave followed by a long-term correction. As 2023 started, the pattern completely changed and we have multiple waves with strong oscillations.
A lower trendline (in blue here) has been working as the base of these oscillations and has been activated, this can lead to a new bullish wave.
This type of setup can be traded with a tight stop-loss.
You can see my projection depicted on the chart, based on past history, it is logical to assume that the next price swing is up.
Namaste.
Before 2023 all the action consisted of a bullish wave followed by a long-term correction. As 2023 started, the pattern completely changed and we have multiple waves with strong oscillations.
A lower trendline (in blue here) has been working as the base of these oscillations and has been activated, this can lead to a new bullish wave.
This type of setup can be traded with a tight stop-loss.
You can see my projection depicted on the chart, based on past history, it is logical to assume that the next price swing is up.
Namaste.
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t.me/anandatrades/1183
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t.me/masteranandatrades/6172
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lamatrades.com (Since 2017)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.