LINK/USDT 1H: Analysis
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Current Market Structure:
Key Levels:
Smart Money Analysis:
Risk Score:
Recommendation:
Confidence Level:
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Current Market Structure:
- Bearish trend intact, with price forming lower lows and lower highs, currently at $19.06.
- RSI at 39.07 showing potential hidden bullish divergence, but still below neutral (50).
Key Levels:
- Resistance: $20.00 (psychological barrier).
- Support: $18.50 (previous reaction low).
- Premium Zone: $26.00-$27.00.
- Discount Zone: $15.00-$16.00.
Smart Money Analysis:
- Market Makers likely accumulating at current levels, but no clear reversal yet.
- Volume profile thinning, indicating potential for an impulse move soon.
- Structural shift required before considering aggressive long positions.
Risk Score:
- 6/10 – Medium risk as market structure remains weak.
Recommendation:
- Wait for confirmation. Current setup lacks confidence (below 7/10) for a full trade recommendation.
- Look for bullish reversal candles above $19.50 before considering longs.
- Patience is key—rushing in before confirmation could lead to unnecessary risk.
Confidence Level:
- 6/10 – Signs of accumulation, but structure remains bearish.
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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.
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.