LINKUSD - ScenariosI have a first idea of how the token will go. I'm confident we will go and retest the area of the weekly high of 27,5. On the daily, we haven't closed below the previous daily high. I set up an entry point on the 50% of the fib area between the previous highest and the current high closure. This idea will be invalidated if we close below the daily high 23.821
Afterwards, I think once the bears pull down the price, we will have 2 scenarios to check:
- Green one, the price goes up to change the market structure
- Red one we go to retest the area of the 19,076.
What do you think? I'm fairly new to this and any idea, suggestion or correction will be great.
