


TheChriswvm
Good morning traders. Link ist still in a huge upward moving. My take is 13.50 was already a huge level was getting broken now it should be time for a correction or at least a little break. After we looking forward to the 20 level. At that time BTC is almost at 37k take also care about this movement. I draw my levels below. Trade safe and take care.
After a clean rejection on the High we will have a ver good momentum to the down side. My MA shows me 161.800 in a longer run. If you are going also into a short take care of your Risk and never buy red candles wait for a small pullback.
Simple analyse without indicators. At the moment we looking for price downfall to fib level 23.80 (Drawn Orderblock). Looking on the 4h I wait for a confirmation like an Engulfing or a similar pattern for going long to the drawn fib levels step by step.
What comes up needs also to go down after. We are looking at the resistance for possible short term shorts on the 1H Chart.
We will wait for the new 1h candle if we don't break structure we are looking for a long. Use proper risk management,
I took a short trade. At the moment I still expect more downside. Watching with one eye the dxy and with the other my setup.
We will wait for confirmation after breaking the structure. My personal tendency after DXY rising will be more downside.
There is an Orderblock and liquidity at the drawn line. Lets wait how It plays out otherwise continuation to the upside around 13500. Good luck.
After Closing of the 1h I see a huge downside on the pair.