LINK.USDT (Y20.P5.E3).Short and then long.
Hi All,
With LINK breaking below a key level 0.5 fib level, and Bitcoin about to surge up more from the drop this morning, I think its logical many ALTs will either hold or drop to another level, hence the LINK scenario.
To short requires some ground rules but so far, its setting up well for it.
Indicators still show downward pressure. No better place to find support with confluences on structure Wedge, double bottom and the 0.618 fib level.
This might indicate where most of the ALT season is at.
All the Best,
S.SAri
With LINK breaking below a key level 0.5 fib level, and Bitcoin about to surge up more from the drop this morning, I think its logical many ALTs will either hold or drop to another level, hence the LINK scenario.
To short requires some ground rules but so far, its setting up well for it.
Indicators still show downward pressure. No better place to find support with confluences on structure Wedge, double bottom and the 0.618 fib level.
This might indicate where most of the ALT season is at.
All the Best,
S.SAri
Nota
Nota
Looked at the short time period...seems to be a bullish divergence, including pairing.Not to short, yet.
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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