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LINAUSDT

Long-term OpportunityHi traders, From the chart, you can see two downtrends. The first is major and the second is minor. Currently, the price tries to break out the minor trend. If it is successful, the next target would be the major downtrend. For the major downtrend, it is in that trend for about 60 days. To break out them, it needs huge volume on the area indicated with vertical yellow rectangle in the chart. After all happens, we can talk the next target. On the other hand, I would expect a new ATH. Its previous ATH is 1$ and its current price is 0.08$. That means nearly 12.5x profit if you wait for re-test and take a position. For margin traders, It would be ideal to take a positions after re-tests and take profit just before the resistances. Finally, the reason I believe this can be successful at breaking out the trend lines is that there is RSI positive divergence as you can see from two dip. Stay safe and wealthy ^^.
Long
by bahadirkisbet
1
LINA - $0.3653LINA is currently trading just under the trendline resistance of $0.1020 and above the support zone of $0.0950. If LINA can stay above this support zone and break this trendline resistance, we could start seeing a move towards $0.1109, $0.1207, $0.1277 and $0.1352. If it can stay above the 0.6618 fib at $0.1352 and flip that zone to support, we could start seeing a much higher move towards $0.1459, $0.1595, $0.1988, $0.2624, $0.3260 and $0.3653. Good places to long LINA would be at $0.0950 and $0.0833 with a stop loss below $0.0688.
Long
by cryptomathemagician
1