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/biz/ - Business & Finance


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File: 263 KB, 1862x1224, Screenshot 2019-06-14 at 21.54.04.png [View same] [iqdb] [saucenao] [google]
14149688 No.14149688 [Reply] [Original]

we are currently experiencing the continuation of a 3-week downtrend following mainnet release. this has been marked by an extended stretch of lower highs and lower lows, as we continue capitulation into the support ranges.

if you want a preview of what's coming up in the next few days, look back to what happened may 22nd - june 1st. we're essentially seeing this happen again in accelerated form, likely with greater distances between top and bottom.

when "news" like yesterday's headline causes a price shock, unless it is anchored in an unanticipated shift in the fundamentals of an asset class, it is best understood as an aberrational data point in the overall scope of an ongoing trend.

depending on velocity this can cause a reset of the support ranges (e.g. we may have gone from .60-.80 to $1 short term support) but it does not represent a disruption of the trend overall (which is why we are still seeing extremely bearish patterns like the one captured in the graph).

>> No.14149715

>>14149688
lowest link price we could see by end of year?

>> No.14149725

>>14149688

Kill yourself nolinker.

>>14149715

1k.

>> No.14149735

>>14149725
Sats. Yes.

>> No.14149756

>>14149688
>1 day chart
kys

>> No.14149766

>>14149688
Cope

>> No.14149768

may drop over night (europe) but I dont think its going below 1.5 bucks

>> No.14149772

If this shit goes under a dollar again I'm not sure unironically all in

>> No.14149781

>>14149772
I'm unironically all in* fucking predictive text buttons man I don't even use em

>> No.14149816

>>14149688
Guys, come quick, we have a retard here!

>> No.14149838
File: 86 KB, 853x545, dumping upwards.jpg [View same] [iqdb] [saucenao] [google]
14149838

>>14149735
>>14149688
>the continuation of a 3-week downtrend

Link's stuck in a downtrend going upwards!

>> No.14149865

>>14149688
based stale pasta

>>14149715
>>14149725
>>14149756
>>14149766
>>14149816

fuck off tardbabies, it's ironic. this pasta was cooked up before the google news, op is just highlighting how retarded fudsters were being. trying to muster TA in an environment where cryptos double or halve overnight based on single blogposts.

>> No.14149876

Hey guys I want to have 3 million dollars after taxes. What formula do I need to determine how much money I need pre-tax to have 3 million after tax if the tax rate will be 37%?

>> No.14149877
File: 128 KB, 640x811, 1545132698440.jpg [View same] [iqdb] [saucenao] [google]
14149877

>>14149688
Based. Just sold my stack and set a buy order at 0.60c. Comfy af.

>> No.14149955

>>14149838
this doesn't refute anything i said and the date range you're using here is misleading.

>> No.14149959

>>14149688
Die nolinker scum

>> No.14149989

>>14149955

Your post wasn't even TA, just random made up technobabble. KYS.

>> No.14150053

>>14149877
Sweet Vishnu

>> No.14150099

>>14149688
Holy fuck how many times do you fags have to be told that coinmarketcap volume isn't accurate, stop using it in TA

>> No.14150854

>>14149989
https://www.investopedia.com/terms/d/doubletop.asp
https://www.investopedia.com/terms/d/deadcatbounce.asp
https://www.investopedia.com/terms/d/downtrend.asp

>> No.14150922

>>14149688
>>14149955
>>14150854
classic swing linker cope

>> No.14150959 [DELETED] 

>>14149688
Kill yourself Pajeet. Saged and reported.

>> No.14151030

>>14149876
>>14149876
Can you not guestimate? Its somewhere around 4.5-4.6M

>> No.14151083

>>14149838
So much green in this downtrend. It doesn't look good for swing linkers.

>> No.14151342

>>14150959
declaring saging, declaring reporting, and racism are all reportable offenses on this board.