Get started
Daniel-kay

Approaching lower channel trend-line touched 5 times

LINA / TetherUS (BINANCE:LINAUSDT)  
Daniel-kay  
BINANCE:LINAUSDT   LINA / TetherUS
Trend Lines Support and Resistance Parallel Channel
2
0
trendline supportandresistance parallelchannel
Watching closely for:

  • signs of reversal with closures above 0.02172 area for a long position towards the other side of the channel.

  • signs of trend-line break-down and re-test for a short position heading towards new lows (0.0150, 0.01).

Always consider Bitcoin sentiment.
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.