LINA/USDT Breakout descending channel, Bullish Momentum for LINA
💎 LINA has recently demonstrated significant market dynamics, breaking out of a descending channel pattern, indicating bullish momentum.
💎 There's potential for the price to transition upwards and continue its movement. However, before continuing upwards, the price may undergo a retesting phase at the trendline or demand area, particularly when facing resistance.
💎 If LINA successfully breaks out above the resistance, its probability could pave the way for further upward movement, possibly reaching our target area at the strong resistance level.
💎 Conversely, if LINA fails to bounce during the retesting phase at the trendline or demand area, or if it breaks below this area, it could signal a bearish scenario, possibly indicating a false breakout. In such a case, the price may reverse downwards, potentially leading to further declines.
💎 There's potential for the price to transition upwards and continue its movement. However, before continuing upwards, the price may undergo a retesting phase at the trendline or demand area, particularly when facing resistance.
💎 If LINA successfully breaks out above the resistance, its probability could pave the way for further upward movement, possibly reaching our target area at the strong resistance level.
💎 Conversely, if LINA fails to bounce during the retesting phase at the trendline or demand area, or if it breaks below this area, it could signal a bearish scenario, possibly indicating a false breakout. In such a case, the price may reverse downwards, potentially leading to further declines.
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Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.