ITSCRYPTO1

LINKUSDT - BEARISH SETUP

Short
BINANCE:LINKUSDT   ChainLink / TetherUS
I am expecting one final leg down on LINKUSDT before looking for buys, on the daily timeframe since prices recent bearish impulse the market then provided us with a correction to form a new lower high and i expect market to make the continuation to the downside and hunt the liquidity of buyers who have already longed the market. Going down on the 4hr timeframe we can see price is currently breaking below the counter trendline and 4hr support. IF the 4hr candle closes below this zone and forms a new lower low, on the retest is where we will be looking for a short position. -0.272 FIB is our downside target we will then close the short and be looking for longs at around $17