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crossedfingers1
Aug 12, 2021 8:45 AM

LINA: S/R flip Long

Linear Finance / Tether USDHTX

Description

If / when LIna flips this resistance, it's another 40-50% until the next significant level.

Lina is my synthetic exchange of choice. Fees are much much lower as it runs on BSC and it's fast and easy to use.

Comment

LTF view shows a nice retest and bounce off of support. Back above trendline as well

Comment

Lina taking it's time, but a lot of updates in the works for the coming weeks/months so I expect strong moves coming.

Comment

hung on to the TL by a thread and now looking for a breakout.

Comment

Lina screwed by a mini BTC dip. Let's see if we can close the day above tl

Comment

LINA barely held on to support, but it did hold. Not bouncing with much strength right now. The basic fundamentals of the project are still strong, but I'd imagine the staking rewards are what are suppressing price. Would like to see price get back above blue box soon to feel more bullish short term.

Comment

Never reached target on this one. In EW perspective, I do believe wave 1 is now complete and we are in wave 2. If market is still bullish we should hold this blue box and eventually bounce out. There is danger of BTC dropping a bit more, which would potentially rule that out. Will wait and see.

Comments
crossedfingers1
The daily looks great:

Pratheesh_m
how long it will take to reach target?
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