parissap

LINA below middle line of parallel channel

BINANCE:LINAUSDT   LINA / TetherUS
#LINA/USDT
$LINA is trading inside long term ascending parallel channel, now it is below middle line of this channel that is the same with resistance zone, which rejected the price, so it is possible that price drop to support zone around $0.044 and $0.041, then head up to break out from middle line that will be a long term descending resistance there , so price can increase to touch resistance zone between $0.094 and $0.106.

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.