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.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在
使用条款阅读更多信息。