/biz/ - Business & Finance

>>23149760
why that point in particular? why not later or sooner?

>>23149760
just in time for arbitrum as well

>>23149804
idk thats just what the chart is telling me

>>23149760
>sats

>>23149824
you're retarded

>>23149822

>>23149760
High levels of Cope detected.

Sorry, THEY always win. They not losing the market bro.

>>23149871
Buckle.

>>23149984
Up.

>>23149871
>USD

Hey OP, how many times have you redrawn that parabola since the blow off top?

>>23149760
>curved line on log chart
looks like the denial is settling in...

>>23149760
unless that equates to $500 per link I'll just keep holding (still only selling 1k linkies if we get to that point)

>>23150223
it's about $500 or so

>>23149760
Btc hasn’t even broken out of its previous ATH and you think that this is a confirmed bull market? The bull is going to last at least a year not half a year.

>>23150179
not once did he redraw it. Btw you are probably the one that going to enjoy being the fuck meat for the black gangs most

>>23149760
THE BULL RUN STARTS TODAY!

>>23150321
must be a sign then

>>23150440
He has redrawn multiple times. He keeps flattening the parabola because he is too much of a smooth brain to understand that you don’t draw curved lines on a log chart. Here is the actual “parabola” which on log should be drawn as a straight line. Today movement is just pushing up against the trend. If you chart the daily we may have broken through, but there are multiple wicks above the line so we need to close today over 90k SATs and continue up for confirmation

>>23149760
Let me tell you this now.
Let's go to the archives, pull out data from 2018-2019, pull out those curves from that timeline.
Return me those, then compare it to your curve.
Still playing TA chad? I don't think so

>>23150571
Thanks just bought 100k

>>23150440
the incel muttposter
vs
>>23150571
the Chart Chad
I personally expect to see $22 in 2022, but we'll see.

>>23150571
enjoy becoming the fuck toy

>>23149760
if this is true ill have 100 bitcoin at the end of this cycle

I bought my first link this morning. Should I buy more??

>>23150815
you bought 1 LINK ?

I'm gonna be frank here, I'm never selling in my life. I don't give a shit how many times the lines get redrawn, the news about gold and silver price feeds using Chainlink should be a huge dogwhistle for you retards. We've officially hit the point where cold, hard assets are using chainlink, and it's only a matter of time before the right person asks themselves the question: "Why couldn't NASDAQ use this?"

tl;dr never fucking selling.

>>23150822
Not 1 lol, I meant I bought some for the first tim. Not a lot, just $50 worth because people keep talking about. Now I'm wondering if I should buy even more.

>>23149760
>just keep moving the line
lmffffao

>>23150823
>mfw people still don’t understand the magnitude of what we’re dealing with here
Either that or the FUD is ironic, as are the replies. I don’t know who’s trolling who at this point

>>23149760
Every single curve LINK has been plotted against has fallen through. Over a year ago I remember seeing the same charts. They never hold for more than a week. Come back to this thread in a month's time and you'll see how autistic these "TA" threads are.

>>23150179
I’ve seen about 20 since it’s drop from $20 kek

>>23149760
>drawing curved lines on a log scale
>”bull market” ends randomly in the middle of 2021

I just realized that there were practically ZERO chainlink threads in the past month. Talk about accumulation phase right?

>>23149760
my body is ready

>>23150843
They’ll be a bit cheaper on Tuesday. Today wasn’t the best time to buy

>>23149871
>>23150175
>currency

>>23151037
Oh well, it was only $50. If it stays $10 or less in the near future I'll probably buy more. And hopefully it fuckin skyrockets in the next few years kek

>>23149871
er, multiply the sat value by 100,000. $1000 was not just a meme

>mfw only 30 links but will still make it

>>23150920
FUD has always been ironic. Remember Shadow Link?

>>23150440
>>23150719
You got BTFO

>>23150427
This

>>23151014
kek

>>23150719
There is nothing bearish about my chart and I haven’t sold a single link. I just think we could retrace more before the next spike. With the second move up today we will likely close above the trend, but we could still dip back and ride the previous short term resistance line as support down to the long term support trend

>>23150971

Expect they literally haven't though.

except we're in a bear market so that top you've drawn out is actually the top it was just a few days ago

>>23151196
For how much time have you had them?

>>23149984
You're pretty gay. Predicting a one year wait to revisit the ATH in sats is pretty epicurean. Absolutely piss poor returns given that BTC could fall to the price to produce it.

>>23149760
why there should be a bull market after that pattern?

>>23150440
super cope
it gets redrawn every day

>>23150571
>parabola
this is the one Week chart.. and there's no Wick that has ever broken the upper line of that channel

>>23154488
Yes I know it’s a 1 week log chart which is why I said we were just testing resistance. My second point was that if you look at the daily we may have broken through. Pic related. It’s not log as I think linear is better for shorter timeframes. As you can see there have been several wicks through, so I was saying we need to close above on the daily

>>23154649
>It’s not log as I think linear is better for shorter timeframes
why?

>>23149760
We flyin high bros

>>23154649
ugh the daily looks pretty bad senpai

>>23150212
I came to say this. Who the fuck draws something like this on a log scale chart? Someone who doesn't understand what a log scale is. Would I trust price predictions from someone who doesn't understand what a log scale is? No.

t. Og linklet
Dr;ns

But still OP... Get your shit together.

>>23150823
They're already talking about using crypto for the instant settlement of stock trading. I'm not going to tell you which one though. You obviously don't research enough

>>23149760

"Buckle up fellow geeks!"

"I'm a crypto technical analyst."

>>23154649
This chart is actually interesting.

>>23156213

>>23156038
BTC went parabolic on a log scale back in 2017. In this market it's a weak case, but back then shit actually happened and we all knew how retarded it was.

>>23149824
You sound like a gypsy fortune teller to me desu

>>23156355

I was just gonna say this, but yeah it’s a rare occurrence and pretty much only happens during mania / blowoff top

I agree. Scams pump the hardest.

>>23150823
https://www.nasdaq.com/articles/chainlink-to-start-supplying-data-for-crypto.coms-defi-wallet-2020-09-14

>>23156493
i also come from mumbai to say this

>>23149760
why do you use a chart showing the value of link based on a dying shitcoin? Yea link will pro go up in Sats but bitcoin will be at 3k so we're still losing money....

>>23157737
>BTC at $3,000
>LINK at ₿0.1

>>23155831
Because anything needing log on a shorter time frame is accelerating too quickly for it to matter. It will collapse before its even worth charting

>>23157862
so log on 1w+ charts?

>>23157862
>needing log on a shorter time frame
Good thing that LINK doesn't.

>>23157892
It’s not about candle size as you can stretch or contract the time scale on the bottom. If you are looking at year+ timescale like Link the parabola is sustainable. The current retrace has been over just a 6 week period which I consider a short timescale

>>23157914
I agree on charter the long term trend for link on log. My point was if you are drawing support/resistance channel for just this 6 week bull flag retrace you are better off not using log scale for the shorter timeframe

who wants to bet 10,000 dollars that chainlink will still be below 20 dollars by this time next year. god you people are stupid.
The bet will be made using smart contracts.

>>23154374
>pretty epicurean
uh, what?

>>23158073
>you are better off not using log scale for the shorter timeframe
why? If you use a log chart yu use a log chart also on the shorter time frame..