crypto_gambler_

can linear finance make another touch to the daily resistance?

crypto_gambler_ Updated   
KUCOIN:LINAUSDT   Linear / Tether
Broke out from a long-term downtrend... successfully rejected from the daily resistance twice.

RSi is above 50 and in the oversold zone...

I am interested to see if it can make another attempt to break the daily resistance.

the trade plan here:


wait for the breakout of the daily resistance, and rejection from the strong supply zone of 0.02$. SR flip of daily resistance at 0.0175. and then we long.
Comment:
Still no entry... price hit the resistance and got rejected once again. lets look for long around 0.013 - 0.012
Comment:
Still waiting for the price to settle over 0.0174

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.