We see Link making a new ATH, and BTC fighting the zone with the 200 EMA. Regarding the LINKBTC pair, an ascending channel was formed trying to break the upper zone of the channel. Although Link made a new ATH, it is still very far from the ATH with respect to BTC which was approximately 0.00168. What we could see again Link go to look for 0.00085 or even 0.001. But to be vigilant because being in an ATH against the dollar, there could be a correction.

In conclusion, if you are inside, trade with a stop loss, if you are going to enter, wait for the correction or enter when the high part of the channel breaks.

Good trading!

#Drummis

EDIT:

As we evaluated it, the movement occurred and the upper part of the channel acted as resistance. Link will find an important support at USD 23, we will see how it acts, since that will make us go to look or not for the low part of the channel that would coincide with the 23% of the Fibonacci level.