You're then user who sold at 50 sats aren't you?
BTC DUMPING, LINK MOONING
Many do.
You font need to own much. Jfc learn how this works. They dump into a liquidity gap. Then sell more at restance.
Thrn they buy the dip, let it rally and sell again into liquidity gap and repeat with bigger bag each time.
You wont need more than 5-10m link to do this and bring price to the floor. For a btc whale they can accumulate that easily without the price rising then get to work. This market is so easy to manipulate on small liquidity alts.
If ehales were entertaining they would be doing the above because there is no reason not to with how easy it is and the larger their bank roll the easier it is to do it.
All the while neets would sell none the wiser.
The volume of buys above 8k sats is huge, do if a whale did enter it would be extremely easy to dump it snd keep it at 6k then make the huge bagholders sell
It is the chosen one, look at the charts it is obvious. It isn't a meme, Smartcontracts and worldwide adoption never get off the ground without Link. You also need to consider who really owns Link? Who always makes the money, Banks. Who owns Swift, Banks.
Please can anons post long term btc charts? Have we broken the support so there is no floor?
What should linkies do? Tether up or be patient?
Divergence is the rsi at the bottom being lower while the price is higher. It shows underlying weakness and lost momentum.
Its like driving a car into a wall. Eventually the rngine will just blow if it doesnt somehow break through the wall.
In exceptional circumstances the car can blow through the wall(price smashes through divergence).
However in all my years i have never see. Such strong divergence as link on the 4hr chart.
Im a trader who doesnt hold anything but got interested in link. I wanted to buy but it is much safee to see if the div causes reversal, or wait for bulls to go hyper and smash past the div to confirm strength. Here is a no buy zone for R:R ratio
USDC or TUSD
order book is pretty thin man, maybe 6 months ago, but manipulating and accumulating now wouldn't be particularly easy. We saw that with the couple of 1mm walls yesterday
uk.tradingview.com
Don't worry, there is a floor.
Big Dogg said whales have been accumulating. I am assuming they accumulated earlier and are already in profit. I see no reason for link to keep pumping
Thin books make it easer user