For the past few months buying when price taps the 21 EMA has been consistently profitable (indicated by blue arrows). Ideally you would buy a 200 EMA tap (indicated by the green arrow). This is a simple way to not get caught in the Link fomo, as it is always dangerous to buy a parabolic move as we're seeing now. The red flag indicates when this trend ends as price falls below the both EMA's. Until then buying taps of these EMA's is a safe way to stack Link. I am personally waiting for price to return to these EMA's to make a long term investment in Link.
Note
Orange Line - 21 EMA Blue Line - 200 EMA
Green - 89 EMA
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.