[LINKBTC] Entering buy zone

23 ก.ย. 2020

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.

20 ธ.ค. 2020

บันทึก

, ( Appetizing, this is! )
<(º.º)>

13 ม.ค. 2021

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13 ม.ค. 2021

บันทึก

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.