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[LINKBTC] Entering buy zone

Historically, LINKBTC comes right back to the bottom of this pitchfork on corrections and it is entering this zone right now.

  • Nearing the 200-day MA which historically hugs the bottom of the correction (pitchfork)
  • Fib. 0.786 around the same level and a move to this level wouldn't be unprecedented
  • RSI is already @ 30 and for the price to go lower it would have to step foot on lower levels where it has never been before (anyway, possible)


A good buy zone represented with the violet box which goes from approx. 0.00077 and 0.00053. Distribute buys thoughtfully.

This is my research and not intended as financial advice.
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, ( Appetizing, this is! )
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snapshot
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Imo this depends mostly on a low volatility for Bitcoin. If Bitcoin goes crazy up or down this scenario will mostly be invalidated pretty quickly. Anyway it's an idea to keep in mind.

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