I haven’t seen this much confluence stack in one place for LINK in a long time. The $20–$19 zone is absolutely packed with technical factors, making it a critical level to hold for bullish continuation.
🧩 Confluence at $20–$19
Golden Pocket: $20.19 (0.618) → $19.59 (0.666)
🟢 Long Setup
Structure Outlook
With this stacked confluence, it looks like wave 4 has completed and LINK could be ready for its next leg up. The $20 zone is make-or-break, and as long as it holds, the case for bullish continuation remains strong.
Indicators used
➡️ Available for free. You can find it on my profile under “Scripts” and apply it directly to your charts for extra confluence when planning your trades.
_________________________________
💬 If you found this helpful, drop a like and comment!
🧩 Confluence at $20–$19
Golden Pocket: $20.19 (0.618) → $19.59 (0.666)
- Yearly VWAP: $18.87
- 21 Weekly EMA/SMA: $19.68 / $18.39
- Yearly Open: $20.02
- 0.666 Fib Speed Fan: aligned with $20 zone
- 1.0 Trend-Based Fib Extension: at $20 → completion of wave 4
- Pitchfork Buy Zone: 0.702–0.75 levels right at $20
- Midpoint of 1-Year Trading Range
- Anchored VWAP (from $30.94 high, 287 days): $19.55
- Daily Level: $19.66
- Weekly Level: $19.28
- Monthly Level: $19.27
- Yearly Level: $19.51
🟢 Long Setup
- We’ve already seen a bounce from $20, confirming demand at this zone.
- Plan: Buy now and add on retracements if price dips back toward $20/$19.
- Stop-Loss: Below 21 SMA weekly at $18.39
- TP1 → $30 psychological resistance & prior key high
- TP2 → $34.57 (0.618 Fib retracement)
- This setup offers an R:R of 1:7+ with a possible yield of +70% if played toward TP2.
Structure Outlook
With this stacked confluence, it looks like wave 4 has completed and LINK could be ready for its next leg up. The $20 zone is make-or-break, and as long as it holds, the case for bullish continuation remains strong.
Indicators used
- DriftLine — Pivot Open Zones [SiDec] → For identifying key yearly/monthly/weekly/daily opens that act as major S/R reference points
- Multi Timeframe 8x MA Support Resistance Zones [SiDec] → to identify support and resistance zones such as the Weekly 21 EMA/SMA.
➡️ Available for free. You can find it on my profile under “Scripts” and apply it directly to your charts for extra confluence when planning your trades.
_________________________________
💬 If you found this helpful, drop a like and comment!
🏆 Mastering Fibonacci for precision trading
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
🏆 Mastering Fibonacci for precision trading
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.