Link buy zones

Link recently made a large retracement after the recent bitcoin dip, but is it done?

There are a number of long setups you could take here but it might be worth setting some stink bids down lower to try and catch a better entry.

You’ll notice that the price tapped the 0.5 fib level and was quickly bought up, however there is a lot of liquidity around the 0.618 – 0.65 fib level.

If link makes another leg down, which is entirely possible, it will pay to have buy orders sitting in the zones outlined on the chart.

Happy trading.