$LINK Thesis
Seeing LINK and a number of alts moving on a Sunday always gets my attention. Whether it's meaningful or not, I'll let the market answer that question over the coming sessions.
My current thesis is that price could extend into the 8.61–8.65 region before finding resistance. If that scenario plays out, I'll be watching for a rejection and a move back toward 7.28.
The 7.28 area remains my preferred zone to start building long positions again. Until then, I'm not interested in chasing the current move.
That's my roadmap for the week. Now it's up to the market to deliver.
NFA. DYOR.
Seeing LINK and a number of alts moving on a Sunday always gets my attention. Whether it's meaningful or not, I'll let the market answer that question over the coming sessions.
My current thesis is that price could extend into the 8.61–8.65 region before finding resistance. If that scenario plays out, I'll be watching for a rejection and a move back toward 7.28.
The 7.28 area remains my preferred zone to start building long positions again. Until then, I'm not interested in chasing the current move.
That's my roadmap for the week. Now it's up to the market to deliver.
NFA. DYOR.