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Hi everyone:
Also paying attention to LINK as we have similar bullish reversal price action on the LTF.
After price dropped down from the bearish sell off, we see a descending structure forming, correcting the price within.
Its a good indication that we have double bottoms, bullish reversal impulse to break out of the descending price action.
This give us a good confluence that the bearish momentum may be exhausted, and we can expect some short term up move.
Now that the LTF price has a clear impulse up, wait for a continuation correction to form and complete, before jumping in on the buy to recent highs.
thank you