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LINAUSDT trade ideas

LINA/USDT longFundamentals: Buy when the market is red, sell when the market is green You have probably heard heard the rumblings of a "DeFi summer" on the horizon and if the current ETH/BTC bleed holds at this support its worth getting in early on some DeFi goodness. I love bidding on undervalued/underknown projects in current hype areas and LINA fits the bill perfectly. A recently launched stable coin farm is the perfect project launch in this environment of fear around the price of BTC where market participants are looking for safe income streams in uncertain times. LINA is heavily undervalued compared to its peers and has a finished project launched which are all great signs for discovery and a subsequent green chadding. Technicals: Although there have been lower lows (which some may say is a bullish falling wedge) I'm happy to see a relatively flat bottom and dropping volume which is a good sign for a far below fair price entry. Dropping price with low volume is bullish in the sense that there is no real big sell off and just accumulation. Either way, when combined with the fundamentals, its going to be explosive moonride when volume enters the picture. Entry - 0.06 - 0.075 TP - 0.132 , 0.2 SL - 0.05 R - 7
LLong
by zoopzoopboopboop
Long-term OpportunityHi traders, From the chart, you can see two downtrends. The first is major and the second is minor. Currently, the price tries to break out the minor trend. If it is successful, the next target would be the major downtrend. For the major downtrend, it is in that trend for about 60 days. To break out them, it needs huge volume on the area indicated with vertical yellow rectangle in the chart. After all happens, we can talk the next target. On the other hand, I would expect a new ATH. Its previous ATH is 1$ and its current price is 0.08$. That means nearly 12.5x profit if you wait for re-test and take a position. For margin traders, It would be ideal to take a positions after re-tests and take profit just before the resistances. Finally, the reason I believe this can be successful at breaking out the trend lines is that there is RSI positive divergence as you can see from two dip. Stay safe and wealthy ^^.
LLong
by bahadirkisbet
1
LINAUSDT Double BottomPotential Daily Double Bottom with bullish divergence on MACD Histogramm and RSI. If the MACD starts loosing negative momentum and Stochastic starts crossing and starting to pivot too, (which it will achieve with a daily candle close above 0.8) it would make the argument for a long entry, after confirmation of the reversal, even stronger. I added this ONE to my watchlist after skipping thru the crypto charts acouple days ago and today its lookin even better. I visited the Website of LINA a couple Times and they seem very legit and they are in the portfolio of various big investors. if LINA can hold this cricitcal level and confirm the bullish div. this token could go much higher.
LLong
by luyestefan
2