$LINA/USDT 2h (#Bybit) Ascending channel on resistance

6 apr 2023

Linear faked-out and got rejected forming an evening star with a shooting star on local top, a retracement down would make sense.

⚡️⚡️ #LINA/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.2X)
Amount: 4.9%

Current Price:
0.01703

Entry Zone:
0.01719 - 0.01835

Take-Profit Targets:
1) 0.01508
2) 0.01305
3) 0.01103

Stop Targets:
1) 0.02002

Published By: @Zblaba

LINA #LINAUSDT #Linear #DeFi

Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +48.4% | +85.0% | +121.4%%
Possible Loss= -40.5%
Estimated Gaintime= 5-10 days

linear.finance

6 apr 2023

Trade attivo

Entry filled

13 apr 2023

Trade chiuso: obiettivo raggiunto

🎯TP1 reached with +1.2R

Linear got rejected as expected and retraced down almost hitting 2nd target!
Lower targets are still in play, SL adjusted above entry in any case.

19 apr 2023

Trade chiuso: obiettivo raggiunto

🎯LLINA/USDT 4h (#Bybit) TP2 reached with +2.1R

Linear continued with the retracement down, losing 100EMA support and hitting 2nd target.
Last target is in play, Stop edited below entry now to secure the trade!

26 apr 2023

Trade chiuso: obiettivo raggiunto

🎯TP3 was hit with +3.0R

LINA made it to final target before bouncing back, such a good trade it was!