đ $LINK
LONG SETUP đ
LINK flushed to $12.079, then built a steady recovery, reclaimed its falling 99 MA, and is now holding above all three moving averages on the 1H after a strong push up to the $13.49 area. Iâm watching for a long on a pullback into the MA support zone, not chasing the current candle. đ
Entry: $13.15 - $13.30
TP1: $13.50
TP2: $13.75
TP3: $14.00
SL: $12.85
đș Why LINK is on watch:
Price ($13.354) is trading above the 7 MA ($13.368 just overhead, with price hugging it), the 25 MA ($13.173) and the 99 MA ($12.955), with the MAs fanning out in bullish order and the 99 MA now flat after the long slide from $14.324 The structure shows higher lows since the $12.079 bottom, and the breakout above the 99 MA around $12.95 to $13.00 turned that former resistance into support The latest candle is a small red pullback after a strong green push to about $13.49, with price consolidating just under the 7 MA, which looks like a healthy pause rather than a reversal The $13.15 to $13.30 area (25 MA / 7 MA) is the first support, with the 99 MA near $12.955 below it. A 1H close above $13.50 would confirm buyers are in control, while a close under $12.85 invalidates the setup.
Not financial advice. DYOR.
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LONG SETUP đ
LINK flushed to $12.079, then built a steady recovery, reclaimed its falling 99 MA, and is now holding above all three moving averages on the 1H after a strong push up to the $13.49 area. Iâm watching for a long on a pullback into the MA support zone, not chasing the current candle. đ
Entry: $13.15 - $13.30
TP1: $13.50
TP2: $13.75
TP3: $14.00
SL: $12.85
đș Why LINK is on watch:
Price ($13.354) is trading above the 7 MA ($13.368 just overhead, with price hugging it), the 25 MA ($13.173) and the 99 MA ($12.955), with the MAs fanning out in bullish order and the 99 MA now flat after the long slide from $14.324 The structure shows higher lows since the $12.079 bottom, and the breakout above the 99 MA around $12.95 to $13.00 turned that former resistance into support The latest candle is a small red pullback after a strong green push to about $13.49, with price consolidating just under the 7 MA, which looks like a healthy pause rather than a reversal The $13.15 to $13.30 area (25 MA / 7 MA) is the first support, with the 99 MA near $12.955 below it. A 1H close above $13.50 would confirm buyers are in control, while a close under $12.85 invalidates the setup.
Not financial advice. DYOR.
đ Follow CoinDispatch for more daily trade setups and market updates!