Short term LINKUSDT idea
After weeks and months of consolidation, LINK has taken out lows in the form of a deviation (marked by the quick rejection of lower levels.
Having left topside liquidity, it's likely LINK has a bullish near-future ahead of it.
It has completely filled the Daily Fair Value Gap and has shown signs of reversal at a key level.
Taking out the previous high (that formed with the large FVG), could be a great sign of strength before taking out the weekly highs at $9.4+.
To enter the trade, I will look for an entry on the 15m timeframe, inside the 4h Fair Value Gap (paired with a strong OB).
Having left topside liquidity, it's likely LINK has a bullish near-future ahead of it.
It has completely filled the Daily Fair Value Gap and has shown signs of reversal at a key level.
Taking out the previous high (that formed with the large FVG), could be a great sign of strength before taking out the weekly highs at $9.4+.
To enter the trade, I will look for an entry on the 15m timeframe, inside the 4h Fair Value Gap (paired with a strong OB).
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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.