$LINA/USDT 1D (#BinanceFutures) Falling broadening wedge
Updated
Linear Finance seems to be done with the downtrend and preparing for a parabolic recovery!
More information about that DeFi, BSC and Polkadot governance token on linear.finance
Current Price= 0.03451
Buy Entry = 0.03313 - 0.02957
Take Profit= 0.04179 | 0.05226 | 0.06552
Stop Loss= 0.02437
Risk/Reward= 1:1.5 | 1:3 | 1:4.9
Expected Profit= +33.30% | +66.70% | +109.00%
Possible Loss= -22.26%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 2 months
More information about that DeFi, BSC and Polkadot governance token on linear.finance
Current Price= 0.03451
Buy Entry = 0.03313 - 0.02957
Take Profit= 0.04179 | 0.05226 | 0.06552
Stop Loss= 0.02437
Risk/Reward= 1:1.5 | 1:3 | 1:4.9
Expected Profit= +33.30% | +66.70% | +109.00%
Possible Loss= -22.26%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 2 months
Trade closed: target reached
TP1 would have been reached with up to +25.36% since calledNice timing for Linear, unfortunately entry was too low to be filled before the pump.
We hope some of you managed to enter manually anyway, you could take some partial profit here.
If not, then better wait for a possible pull-back, demand zone could be retested later next month!
Trade closed: target reached
TP3 would have been reached with up to +102.36%Linear never stopped increasing and regained 100EMA, following the parabola, seems like we won't get our entry.
If you were in manually we recommend to take profit here, at least partially!
Trade active
First entry filledAs crazy as it may sound, Linear retraced back to demand zone and we finally entered.
Trade closed: target reached
TP2 reached with +66.70% (1x) and +3RAfter going for all targets without us then pulling back, #Linear is finally giving us great profit!
Both 50MA & 100EMA are regained, looks legit for bullish continuation, SL adjusted to 1st entry (0.03313$) anyway.
Let's extend the gain-time and move last target higher (0.07690$)
Trade closed: target reached
TP3 reached with +145.30% (1x) and +6.53RLinear finally made it, we did well increasing the last target, what a bullish beast!
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