ChainLink / TetherUS

LINKUSDT Potential Buying Area

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The prices of the overall crypto market have been continuously going up for 3 weeks since the mid of July and this could be the beginning of a much needed pullback.

Based on historical data, during a pullback, LINKUSDT tends to drop to somewhere between the 0.618 and 0.5 Fib range before continuing up. This will be somewhere between 20.4 to 22 USDT. Of course, it is also possible for the price to drop to the my Yellow Pitchfork level. Depending on how quick the price falls, the range should be around 19 to 19.5 USDT.

It could be a good idea to scatter buy orders around these prices if you wish to accumulate more LINK.

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