Link: Waiting for Bullish Confirmation at Key Levels. ð
ð LINK is currently approaching its supportive trendline, We can also viewed it as an ascending channel because of above resistive trendline.
ðThere's a likelihood of a bounce from this supportive trendline, but I anticipate a potential breakdown of the trendline to capture liquidity down to the bullish order block (OB). Even in this scenario, I'll be waiting for bullish confirmation at both levels.
ðIf the price falls and breaks below the bullish OB, it would be considered a Change of Character (CHoCH) and a bearish sign. However, I'm not inclined to give much weight to the bearish trend unless Bitcoin starts exhibiting a bearish structure.
ðThere's a likelihood of a bounce from this supportive trendline, but I anticipate a potential breakdown of the trendline to capture liquidity down to the bullish order block (OB). Even in this scenario, I'll be waiting for bullish confirmation at both levels.
ðIf the price falls and breaks below the bullish OB, it would be considered a Change of Character (CHoCH) and a bearish sign. However, I'm not inclined to give much weight to the bearish trend unless Bitcoin starts exhibiting a bearish structure.
Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
JOIN FREEð t.me/+IaNzEzXsdiBlNDg0
ðïļOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals ð shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
JOIN FREEð t.me/+IaNzEzXsdiBlNDg0
ðïļOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals ð shorturl.at/ikpAV