Bears intercept the initiative: what’s happening with $LINK ?
While local buyers try to buy up the dips, the higher timeframe is starting to split at the seams.
📉 Trading setup:
Entry Zone: 11.40 – 11.55 (building a short position when testing the resistance zone and the premium range on lower timeframes).
TP: 10.80 (liquidity sweep from key support zones of the higher timeframe).
SL: Above 11.70 (a close above this level will break the local short scenario).
🧠 Don’t try to catch falling knives against the impulse of the lower timeframes. Wait for the resistance zone test and take the move according to the local trend.
💬 Do you trade local pullbacks, or are you waiting for the price to return to global levels? Share your thoughts in the comments!
🚀 Перейти к торговле 👇
#Chainlink #cryptotrading #TechnicalAnalysis
While local buyers try to buy up the dips, the higher timeframe is starting to split at the seams.
📉 Trading setup:
Entry Zone: 11.40 – 11.55 (building a short position when testing the resistance zone and the premium range on lower timeframes).
TP: 10.80 (liquidity sweep from key support zones of the higher timeframe).
SL: Above 11.70 (a close above this level will break the local short scenario).
🧠 Don’t try to catch falling knives against the impulse of the lower timeframes. Wait for the resistance zone test and take the move according to the local trend.
💬 Do you trade local pullbacks, or are you waiting for the price to return to global levels? Share your thoughts in the comments!
🚀 Перейти к торговле 👇
#Chainlink #cryptotrading #TechnicalAnalysis
