Chainlink buying opportunity below fair value LINK/BTC
Chainlink ($LINK) has corrected quite a bit relative to Bitcoin. It's down approximately 50% since the pivot high in May and now trading in its "fair value" range.
The first demand zone below fair value starts around 0.000450 BTC. The yellow-shaded area is where supply and demand was in balance for a short period of time followed by a surge in buying.
If and when price gets close to this demand zone for the first time it will be a good opportunity for me to exchange Bitcoin for Chainlink.
The first demand zone below fair value starts around 0.000450 BTC. The yellow-shaded area is where supply and demand was in balance for a short period of time followed by a surge in buying.
If and when price gets close to this demand zone for the first time it will be a good opportunity for me to exchange Bitcoin for Chainlink.
Comment:
Price reached our demand zone and moved higher.