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Significance of the interval 0.017980-0.022345

BINANCE:LINAUSDT   LINA / TetherUS
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** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed in daily updates.

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(LINAUSDT chart)


(1W chart)
You can see that the Bollinger bands have contracted significantly.

Therefore, the question is whether the price can sustain an upward breakout above the upper Bollinger bands.

If not, you should check for support around 0.008080.


(1D chart)
It is important to see if the price can sustain the move above the 0.17980-0.022345 range.

If price holds above 0.022345, I would expect a move towards the 0.029620-0.031800 area.


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** All descriptions are for reference only and do not guarantee profit or loss in investment.

** Even if you know other people's know-how, it takes a considerable period of time to make it your own.

** This is a chart created with my know-how.

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