LINK price movement

Nathaniel Moore
Nathaniel Moore

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).

Attached: Screenshot-2019-06-14-at-21.54.04.png (263 KB, 1862x1224)

Other urls found in this thread:

investopedia.com/terms/d/doubletop.asp
investopedia.com/terms/d/deadcatbounce.asp
investopedia.com/terms/d/downtrend.asp

Lucas Bell
Lucas Bell

lowest link price we could see by end of year?

Christian Rogers
Christian Rogers

Kill yourself nolinker.

1k.

Noah Robinson
Noah Robinson

Sats. Yes.

Anthony Smith
Anthony Smith

1 day chart
kys

Alexander Russell
Alexander Russell

Cope

Parker Davis
Parker Davis

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

Isaiah Myers
Isaiah Myers

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

Jayden Scott
Jayden Scott

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

Jaxon Hill
Jaxon Hill

Guys, come quick, we have a retard here!

Colton King
Colton King

the continuation of a 3-week downtrend

Link's stuck in a downtrend going upwards!

Attached: dumping-upwards.jpg (86 KB, 853x545)

Jackson Lopez
Jackson Lopez

based stale pasta

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.

Oliver Allen
Oliver Allen

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%?

Nathan Campbell
Nathan Campbell

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

Attached: 1545132698440.jpg (128 KB, 640x811)

Joshua Mitchell
Joshua Mitchell

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

Benjamin Ortiz
Benjamin Ortiz

Die nolinker scum

Mason Brooks
Mason Brooks

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

Henry Carter
Henry Carter

Sweet Vishnu

Isaac Jenkins
Isaac Jenkins

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

Owen Cox
Owen Cox

investopedia.com/terms/d/doubletop.asp
investopedia.com/terms/d/deadcatbounce.asp
investopedia.com/terms/d/downtrend.asp

Angel Barnes
Angel Barnes

classic swing linker cope

Andrew Sanchez
Andrew Sanchez

Kill yourself Pajeet. Saged and reported.

Nathan Young
Nathan Young

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

Logan Reed
Logan Reed

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

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