P_S_trade

LINK. 12h. Sellers are ready to keep the range $11.80-12.00.

Короткая
BINANCE:LINKUSDT   ChainLink / TetherUS
Link history. 5 series. In the characters:
- active buyers who have continued the local price trend from the mark $7.3 since 7 October.
- sellers gaining initiative.
-price zone $11.80-12.00.

In the previous series, buyers managed to keep the range $8.7-9.2, what gave them confidence to continue growing. However, small volumes and sluggish nature of growth from 7 October call into question the price fixing above the range $11.8-12.00.

Now we expect a retest of $8.4-8.7 with the prospect of $7.8 test.We will believe in the continuation of growth to the level $13.5 only after fixing above $12.
Therefore, selling this coin in the range $11.8-12.00 is a good scenario for us. Also in this range, one can decide on an aggressive short with a short stop.

Let's see how this situation ends. Subscribe to us not to miss new episodes and trades:

P.S. The global scenario is valid.
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Комментарии

Clean channel application, in agreement with this bearish setup. Thanks for sharing!
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Yes price is likely to be rejected from this level
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yea, you're right, 12H looks kinda shitty... the 1W looks better, "IF" stimulus comes, they might push it to ~14$ and I will be waiting there...😈
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