I believe LINK is entering a strong oversold territory and due a strong bounce here or at the .236 fib level.
Previous fractals have shown a tendency to re-test the last fib before putting in a new wave taking the previous highs.
If this repeats, it means that the number of the beast is a great number to load up on LINK.
If LINK gets anywhere to $7 to below $6.67 I will definitely get interested, a equivalent range in BTC suggests .000667-.00063 this is where I believe a lot of bulls will step in.
This, if BTC does not bounce here (which I do not expect) but if it does, LINK might pump hard !
Will update soon, Follow and like if you're pleased with this content.
Have a good one !
Trade active
LINK has bounced on Bitcoin stabilising at $10300 range but we're not out of the woods just yet.
I have started accumulating LINK with zero leverage, will definitely add to my position if LINK closes the daily above .000837 or $8.81
If we drop again, I will stick to my previous target.
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