Long

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

Updated

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.

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The first red arrow on the BTC price chart should be green

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Side note: 34k sats would be if this pump follows the same trend in percentage gain. 30k sats is more likely, however.

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Here’s a clearer version without the Fibonacci levels shown

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15550 low nearly reached. Inflection point is in the past at this point, this is where I'd scale in.

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15526 low paired with a btc reversal at 11k. LINK should start seeing some life now

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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

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Buy back target reached, running tight stop loss

see_are_em

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