LINK into an OB

٢ ديسمبر ٢٠٢٢

LINK is currently into a 15min OB I identified weeks ago. RSI and OBV show signs of bearish DIV but I think that we can't rule out the possibility that BTC goes up to 17.9-18K before dumping again. If this happens LINK might take the green path, if BTC stops around 17.5-17.6K then yellow path is more likely.
LINK is currently ranging between those two dashed lines, it has been ranging since beginning of June so to pump on HTF I'd expect a sweep below the lower liquidity line and then a spring effect.

Please be aware that I just speculate on the possible path, not the timing.

Use SL when margin trading!
Good luck!