Mock Up Price Action for LINKUSDT | Near-Mid Term (12HR) - Watching and waiting for opportunities to enter short
Personal Approach & Base Chart Setup - Stacked Parallel Channels for Grid of Confluence Points - High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles - Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements - Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade - I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Additional Remarks LINK is one of my favorite top pick long term investment holdings. That being said, the market is due a correction pullback moment and LINK is no exception. Thinking the pullback will be around 8 to 9 dollars to retest previous resistance and establish support. This will be the last opportunity to buy in at discount prices before the bull cycle.
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