LYN's recent movement is quite interesting. Last week, it was heavily sold off, but in the past three days, it has been continuously rebounding, with the short-term rhythm clearly accelerating. Looking at the 15-minute and 1-hour candlestick charts, the trend is quite healthy, especially on the 1-hour chart where a double bottom pattern has already formed. It is now in a critical period of accelerated upward movement.
From a technical perspective, the upside potential is quite substantial—target directly at 0.1. If you want to enter, you can decisively build a position around 0.083, with a stop-loss set below 0.075 (to prevent extreme shakeouts like black swan events).
As for exit strategies, you can take profits in stages: the first at 0.087 for part of the position, the second at 0.09354, and the third at 0.1. If it breaks upward through these levels, the remaining holdings can continue to be held in hopes of higher gains. The balance point between risk and reward is right here.
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DeFiAlchemist
· 01-18 07:58
the double bottom formation you're mapping here... *adjusts alchemical instruments* ...this is where the transmutation of value gets interesting. LYN's risk-adjusted trajectory suggests the market's attempting to engineer equilibrium after that brutal liquidation cascade.
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SchrödingersNode
· 01-18 07:51
The double bottom pattern, huh? It feels like just another classic technical analysis term. The key is whether it can really break through and go higher.
Looking at LYN, it is indeed rebounding, but is the 0.1 target a bit too idealistic...
What can I say, the logic of taking profits in stages still makes sense, just worried that the night is long and dreams are many.
The pace is fast, but I'm just afraid it might go too fast and then turn back.
Can a stop loss at 0.075 really block the black swan, bro?
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WhaleWatcher
· 01-18 07:44
Double bottoms are indeed a bit, hmm, just worried about being pushed back down again.
LYN's recent movement is quite interesting. Last week, it was heavily sold off, but in the past three days, it has been continuously rebounding, with the short-term rhythm clearly accelerating. Looking at the 15-minute and 1-hour candlestick charts, the trend is quite healthy, especially on the 1-hour chart where a double bottom pattern has already formed. It is now in a critical period of accelerated upward movement.
From a technical perspective, the upside potential is quite substantial—target directly at 0.1. If you want to enter, you can decisively build a position around 0.083, with a stop-loss set below 0.075 (to prevent extreme shakeouts like black swan events).
As for exit strategies, you can take profits in stages: the first at 0.087 for part of the position, the second at 0.09354, and the third at 0.1. If it breaks upward through these levels, the remaining holdings can continue to be held in hopes of higher gains. The balance point between risk and reward is right here.