Everyone is looking at the bullish $LINK , while on the 1H timeframe a completely different picture is forming right now.
The price continues to make lower highs and lower lows.
But the most interesting part is that this local short is going against the bullish daily and weekly charts and $BTC.
So I don’t want to sell at the bottom.
I need the 11.65–11.90 zone.
If $LINK returns there and gets a strong rejection, then the sellers can take control again.
Targets: 11.131 → 11.038 → 10.05.
But above 12.02, this entire idea falls apart.
Sometimes the best short doesn’t start with a drop, but with a beautiful baiting of buyers at the top. 🧐
The price continues to make lower highs and lower lows.
But the most interesting part is that this local short is going against the bullish daily and weekly charts and $BTC.
So I don’t want to sell at the bottom.
I need the 11.65–11.90 zone.
If $LINK returns there and gets a strong rejection, then the sellers can take control again.
Targets: 11.131 → 11.038 → 10.05.
But above 12.02, this entire idea falls apart.
Sometimes the best short doesn’t start with a drop, but with a beautiful baiting of buyers at the top. 🧐