LINKUSDT Daily S/R| Local OB| Price Actin| Trend
Evening Traders,
Today’s analysis – LINKUSDT – trading at a key level where a respect can lead to a bounce,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Local OB Resistance
- RSI Extended
- Low Volume
LINKUSDT’s immediate price action is trading towards a key Daily S/R level, holding this level allows for a bullish bias into the Local OB.
The RSI is currently overextended, a reversion to its mean is probable from region, epicially with price action finding support.
The current volume profile is below average, an influx is highly imminent on the next expansion.
Overall, in my opinion, LINKUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Sheer will and determination is no substitute for something that actually works.” – Jason Klatt
Today’s analysis – LINKUSDT – trading at a key level where a respect can lead to a bounce,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Local OB Resistance
- RSI Extended
- Low Volume
LINKUSDT’s immediate price action is trading towards a key Daily S/R level, holding this level allows for a bullish bias into the Local OB.
The RSI is currently overextended, a reversion to its mean is probable from region, epicially with price action finding support.
The current volume profile is below average, an influx is highly imminent on the next expansion.
Overall, in my opinion, LINKUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Sheer will and determination is no substitute for something that actually works.” – Jason Klatt