✳️ Linear Finance Repeating Pattern | Strong Oscillations
Here Linear (LINABTC) can be seen growing for more than a year, since May 2022; higher highs and higher lows.
Before 2023 all the action consisted of a bullish wave followed by a long-term correction. As 2023 started, the pattern completely changed and we have multiple waves with strong oscillations.
A lower trendline (in blue here) has been working as the base of these oscillations and has been activated, this can lead to a new bullish wave.
This type of setup can be traded with a tight stop-loss.
You can see my projection depicted on the chart, based on past history, it is logical to assume that the next price swing is up.
Namaste.
Before 2023 all the action consisted of a bullish wave followed by a long-term correction. As 2023 started, the pattern completely changed and we have multiple waves with strong oscillations.
A lower trendline (in blue here) has been working as the base of these oscillations and has been activated, this can lead to a new bullish wave.
This type of setup can be traded with a tight stop-loss.
You can see my projection depicted on the chart, based on past history, it is logical to assume that the next price swing is up.
Namaste.
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🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
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