LINKUSDT Local OB/ Daily S/R Resistance Low Volume|Trend
Evening Traders,
Today’s analysis – LINKUSDT – trading above a key trade location where holding its support will show a sign of strength,
Points to consider,
- Price Action Impulsive
- Local Ob Support
(.382 Fibonacci Confluence)
- Daily S/R Objective
- Low Volume
LINKUSDT’s immediate price action is trading at an order block that has technical confluence with the .382 Fibonacci, allowing for a bullish bias.
The Daily S/R is current objecrtive, exceeding this level will increase the probability of a trend continuation,
The current volume profile is below average, an influx will be indicative of a true move from a trade location.
Overall, in my opinion, LINKUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work,
And remember.
“You will never find fulfillment trading the markets if you don’t learn to appreciate and be satisfied with what you already have.” ― Yvan Byeajee
Today’s analysis – LINKUSDT – trading above a key trade location where holding its support will show a sign of strength,
Points to consider,
- Price Action Impulsive
- Local Ob Support
(.382 Fibonacci Confluence)
- Daily S/R Objective
- Low Volume
LINKUSDT’s immediate price action is trading at an order block that has technical confluence with the .382 Fibonacci, allowing for a bullish bias.
The Daily S/R is current objecrtive, exceeding this level will increase the probability of a trend continuation,
The current volume profile is below average, an influx will be indicative of a true move from a trade location.
Overall, in my opinion, LINKUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps!
Thank you for following my work,
And remember.
“You will never find fulfillment trading the markets if you don’t learn to appreciate and be satisfied with what you already have.” ― Yvan Byeajee
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