✳️ Linear Finance Repeating Pattern | Strong Oscillations

11 ביולי 2023

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.