LINEAR FINANCE (LINA) still in uptrending channel -LONG-

2021년 12월 30일

Lina is trending in channel with higher highs and higher lows on daily timeframe.
Few days ago we could see fake break down and immediatelly after that sharp increase on volume. Binance is supporting LINA and giving away 120 000usd to traders with highest volume on pair LINA/USDT (spot, margin) till 4.1.2021 and not only from Binance Lina got support also from Kucoin, which is great step for promoting project.

I expect Lina to respect the channel and move according to technical analysis. Unfortunatelly trading is risky and if we got daily close candle bellow strong support i will look for another opportunity and consider this chart as a broken structure and will be leaving trade and also investment for mid term on LINA. Everything depends on Bitcoin of course but there are some major news for Lina ecosystem in 2022 amongs them is Polkadot integration, adding more pair on their DEX, Linear UI/UX enhacements and exchange functionalities but also an L2 solution so our users can take advantage of ZKRollup technology.

You can find more info about LINA
twitter.com/LinearFinance

website
linear.finance/

Medium and 2022 plans
medium.com/linear-finance/linear-x-kucoin-ama-recap-27-12-2021-dd9231d90ab7

Buy action - 0.043-0.04 usd
Targets - 0.063-0.065 usdt and 0.085-0.095 usdt
Stoploss - bellow 0.02983 usdt