see_are_em

LINK/BTC 1D: Trend Analysis - 34k sats?

Long
see_are_em Updated   
BINANCE:LINKBTC   ChainLink / Bitcoin
Just an idea, not financial advice.

Pumps decrease by 6%
Dumps decrease by 7%
Oracle presentation on the 25th, 24th will involve hype. Volume getting low, and inverse correlation to BTC/USD.

Comment:
The first red arrow on the BTC price chart should be green
Comment:
Side note: 34k sats would be if this pump follows the same trend in percentage gain. 30k sats is more likely, however.
Comment:

Here’s a clearer version without the Fibonacci levels shown
Comment:
15550 low nearly reached. Inflection point is in the past at this point, this is where I'd scale in.
Comment:
15526 low paired with a btc reversal at 11k. LINK should start seeing some life now
Comment:
Also, if you're trying to read the chart easier, I recommend adjusting the vertical scale, I had to squeeze it to fit.
Trade closed: target reached
Comment:
Buy back target reached, running tight stop loss
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.