2 POSSIBLE SCENAROS FOR THE CORRECTION TO START! LINK/USDT

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Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.

2 POSSIBLE SCENARIOS FOR THE CORRECTION TO START

As we can see price is Price is sitting around the upper bound of the channel acting as an over-bought area

So, we will be looking for a correction movement for LINK/USDT,

For the bears to kick in from a short term we need a break below the first minor low.

Or a new swing low to be formed around the trendline then a break, then a movement lower would be expected, till the rising trendline from H4 time frame

Where we will be looking for the next impulse wave as well.


If you like this kind of analysis don't forget to like and follow

And as usual follow your trading plan and manage your risk.

Be patient and good luck!
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Chart PatternsSupport and ResistanceTrend Analysis

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