$LINK 👀 👇
The coin is currently trading at the golden Fibonacci zone of 0.618 and retesting an important area at 9.5. With positive divergence on the lower timeframes, a bounce from here is highly likely. So I entered a long position here.
🟢 Entry zone: 9.720 – 9.580
🎯 TP1: 10.140
🎯 TP2: 10.500
🎯 TP3: 11.100
🎯 TP4: 12.150
🛑 Stop loss: 4-hour candle close below 9.200
We stick to the stop loss. If a 4-hour candle closes below it, I’ll exit and consider the analysis wrong.
The coin is currently trading at the golden Fibonacci zone of 0.618 and retesting an important area at 9.5. With positive divergence on the lower timeframes, a bounce from here is highly likely. So I entered a long position here.
🟢 Entry zone: 9.720 – 9.580
🎯 TP1: 10.140
🎯 TP2: 10.500
🎯 TP3: 11.100
🎯 TP4: 12.150
🛑 Stop loss: 4-hour candle close below 9.200
We stick to the stop loss. If a 4-hour candle closes below it, I’ll exit and consider the analysis wrong.
