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Technical analysis by origami_capital33 about Symbol LINK: Buy recommendation (1/1/2025)

https://sahmeto.com/message/3125475
origami_capital33
origami_capital33
Rank: 89
3.5
Buy،Technical،origami_capital33

Greetings traders! Today, we’re diving into the Chainlink/USDT pair Market Context Break of Structure (BOS): A shift in market dynamics around key levels indicates bearish liquidity grabs, leading to an accumulation phase. Fair Value Gap (FVG): Price is retracing into an FVG zone near $20.42-$20.53, a potential entry for smart money looking for discounted prices. Order Block (OB): The bearish OB near $23.50-$24.00 could act as a strong resistance for partials or reversals.Strategy for Partial TPs: TP1 @ $21.50 TP2 @ $22.50 TP3 @ $24.00 TP6 @ $25.71Stop-Loss: Below $19.63, just beyond the swing low and FVG invalidation point.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$24
Stop Loss Price
$19.63
Price at Publish Time:
$3,257
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