It looks like everyone’s long on almost every coin right now, which makes me think a retracement could be on the way this weekend.
On the chart, LINEAUSDT.P is forming a triangle pattern that might soon break to the downside. The higher timeframe bias is also bearish, which lines up nicely with this setup.
If the pattern plays out, we could see another move lower. Let’s see how the market reacts — this could get interesting!
On the chart, LINEAUSDT.P is forming a triangle pattern that might soon break to the downside. The higher timeframe bias is also bearish, which lines up nicely with this setup.
If the pattern plays out, we could see another move lower. Let’s see how the market reacts — this could get interesting!
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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.