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/biz/ - Business & Finance

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File: 41 KB, 811x522, chainlink.png [View same] [iqdb] [saucenao] [google]
19412930 No.19412930 [Reply] [Original]

Will ChainLink go back to the $2 ballpark?

>> No.19412957

Not before the next pump to $6 then slow bleed to $2

>> No.19412973
File: 48 KB, 800x568, FAGGOT.png [View same] [iqdb] [saucenao] [google]
19412973

>>19412930
Hey OP. Nice TA! But here's my take on it

>> No.19413020
File: 259 KB, 1324x1076, 1590005902386.png [View same] [iqdb] [saucenao] [google]
19413020

>>19412930
Yep, it's essentially guaranteed to go sub $2. It is in classic Wyckoff distribution now :)
Patience always pays off in any market

>> No.19413051

>>19413020
They look nothing alike you retard lol

>> No.19413080

>>19413051
>They look nothing alike
Maybe to a brainlet

>> No.19413086

>>19412930
Why didn’t you buy when it was $2??

>> No.19413099

>>19412930
you mean $20
if link hits 2 before 20, I'll eat my dick

>> No.19413116

>>19412930
I wish a motherfucker would. I need moar

>> No.19413117

>>19413086
I bought under $1 and sold above $4. If you're still holding LINK right now, you're doing it wrong. Sell now and buy back when it goes under $2 again. It will go back under $2 this year guaranteed.

>> No.19413121
File: 168 KB, 770x911, 27dc8fd3-b48a-4495-bdb0-b0645b0083c6.jpg [View same] [iqdb] [saucenao] [google]
19413121

Staking confirmed for this year. No way LINK is ever gonna go below $3 for more than a week.

>> No.19413147

>>19413121
Wrong. It's gonna dump sub $2 again this year. Cope.

>> No.19413171

>>19413117
Sir I live in the U.S you will not get me to sell my linkies because im trying to get long term cap gains, talk to me end of next year when my basis is cleared.

>> No.19413205

>>19413147

Wrong. Cope.

>> No.19413248

>>19413205
Seethe

>> No.19413253

>>19413248
Cope

>> No.19413379

>>19412930
Judging by the super low momentum compared to the previous bars and the flatter slope it looks like a consolidation followed by a move to the upside by the same amount preceding the consolidation, so as >>19412957 said, around $6. But given it's a lower high it should definitely be approached with caution. If I had to pick one, I'd say given the momentum drop, going short is the safest bet and if prices break 4.0 which will be a key psychological resistance (and you can actually see that level acting as resistance last year end of May and this yeah April-May), consider entering a long position on a low momentum pullback once things stabilize above the level.