[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 746 KB, 2452x1182, link.png [View same] [iqdb] [saucenao] [google]
22092428 No.22092428 [Reply] [Original]

If it is true, it is going to $6 levels.

>> No.22092470

>>22092428
Can't believe $6 is FUD now

>> No.22092478

>>22092428
Well, linkies call it a meme chart, so it probably accurately describes a meme coin. Time will tell.

>> No.22092512

>>22092428
the problem with the wallstreet meme chart is that each phase could be applied anywhere if you zoom in or out enough. If you zoomed into when LINK was at the $8 range it looked exactly like this chart at the time.

>> No.22092525

>>22092428
Which retard make that chart anyways? I never saw it play out anywhere

>> No.22092564
File: 16 KB, 546x289, 00B691C7-ADDB-4271-87EF-F3CD57CC4C96.jpg [View same] [iqdb] [saucenao] [google]
22092564

>>22092428
Bullflag

>> No.22092570

>>22092428
no, you are somewhere in between hope and optimism right now.

>> No.22092577

>$6 is the bottom

wew

>> No.22092584

Literally zoom out

>> No.22092591

>>22092428
Maybe, maybe not. The problem with that dumb pic is that newfags think when they find it theyve unlocked some secret code or something. In reality actual cool offs look exactly like bubbles bursting and theres not really a way to know if a hype cycle is totally over without considering other outside factors. So, yeah maybe, maybe not. Sell if you think it is, buy if not, but that pic isn't some epic secret weapon or cheat code for the market.

>> No.22092635

>>22092512
not properly, when you zoom in $8 range it doesn't looks like that pattern, when the price reached $8, it doesn't dropped a large ammount and it came back only one or two days later.

>> No.22092677

I don't think you understand

For the price to go down, people need to sell at a price lower than it is right now.
For the price to go up, people need to sell at a price higher than it is right now. If no one is selling it, the price goes even high

Simple economics. Never selling.

>> No.22092695

>>22092635
the current chart doesn't look exactly like it either brainlet.

>> No.22092732

>>22092428
BASED

>> No.22092952

>>22092470
$6 is the dead cat bounce

>> No.22093479
File: 16 KB, 320x402, AA77217C-BB76-4FF3-A6DB-D7A27445F02D.jpg [View same] [iqdb] [saucenao] [google]
22093479

>>22092577
>>22092677
Nice digits