LINKUSDT 1D Possible corrective pattern
2024-09-10

LINKUSDT 1D Possible corrective pattern

In the 1D time frame, all levels are magnified and corrections that occur in smaller time frames are insignificant.

Levels to take into consideration:

SL 9.80 This level is in line with the lows recently marked.

SL1 8.50 Just below the bullish trend line and already recently reached.

SL2 5.75 This would be a purchase and accumulation zone.

TP 15 in case the 0.618 of the last bearish section is corrected before looking for the purchase zone at 5.75.