LINK/USDT 1H: Accumulation in Discount Zone – Targeting $22 NextLINK/USDT 1H:Analysis
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Confidence Level: 8/10
Current Market Structure:
Price consolidating at $18.89, positioned between the Fair Value Gap (FVG) at $20.00 and Previous Day Low (PDL) at $18.40.
RSI at 45, showing hidden bullish divergence, indicating potential upside.
Market Makers accumulating in the discount zone, preparing for a liquidity move higher.
Trade Setup:
Position: Long
Entry Zone: $18.80 - $18.90 (current equilibrium).
Targets:
T1: $20.00 (FVG fill).
T2: $22.00 (premium zone).
Stop Loss: Below $18.40 (key invalidation level).
Risk Score:
7/10 – Favorable risk-to-reward, but PDL must hold for confirmation.
Market Maker Intent:
Accumulation pattern visible in the discount zone, signaling potential upside.
Liquidity above $20.00 likely being targeted.
Strong support at $18.40 suggests a low-risk entry for longs.
Key Levels:
Resistance: $20.00, $22.00.
Support: $18.40, $17.50.
Fair Value Gap: $19.80 - $20.20.
Recommendation:
Long positions favorable with tight stops below $18.40.
Watch for confirmation at PDL—a strong bounce increases probability of upside.
Manage risk carefully and wait for price action above $19.50 for added confidence.
Confidence Level:
8/10 – Market Makers accumulating, but PDL must hold for bullish confirmation.
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