This LINK/USDT 4-hour chart highlights a potential buy setup at a key demand zone:
The highlighted OB zone reflects strong historical support, making this a high-reward trade with manageable risk. Confirmation from volume and candlestick patterns is recommended before entering the trade.
- Entry: $20.955, anticipating a bounce from the current price action.
- Stop-Loss: Placed at $19.766, below the order block (OB) for risk mitigation.
- Take-Profit: Targeting the $23.456 level for potential gains.
The highlighted OB zone reflects strong historical support, making this a high-reward trade with manageable risk. Confirmation from volume and candlestick patterns is recommended before entering the trade.
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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.