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LINK going long against the trend — who dares to follow?
$LINK /USDT - LONG
Trading Plan:
Entry: 7.587 – 7.623
SL: 7.374
TP1: 7.778
TP2: 7.894
TP3: 8.067
Why pay attention to this structure?
84% high-confidence LONG signal, bullish on 4H level. RSI 15M at 40.77, oversold bounce window open. 1H ATR only 0.073, volatility compressed, suitable for small stop-loss to break out. Entry at 7.605, TP1 7.778, TP2 7.894, stop loss 7.374. Why now? Daily is bearish, but 4H EMA golden cross is imminent, short-term rebound opportunity is clear.
Discussion:
Will TP2 be hit first or a fake pullback? Where did you place your order?