I'm all for the success of this project, and all the inherent wealth that would bring to some of you hardcore hodlers. But, as someone who wants to flip a small stack for short term profits before moving on to the next thing, I would like to ask where does everyone see this thing going? The 61.8 retracement has been hit three times now with returns of 50%, 40%, and 25% respectively. But these lower highs tho??
So the question is where do you see the next pivot point being below this current support?
Future of Link
I wouldn't trust TA on Link to be honest. It's the most wanted and manipulated token in crypto and whales are painting pictures all over the charts. Not to mention one good piece of news and it will rocket off again regardless of any TA.
Just know Web 3 is in a week and a half and Chainlink is showing in the main hall there.
complete nulinker fag
lol couldnt be more wrong. I sold at about 3 dollars and just no longer care about the hype that surrounds it. My money does me no good tied up in a depreciating asset, and fortunately Im not too stupid to realize that $2.xx Is less than $3.xx. So take your half-baked omlette brained school yard insults elsewhere and let the people who are actually providing valuable feedback have the floor.
SWING LINKERS GET THE ROPE!
2 YEARS! DO YOU HEAR ME? 2 YEARS!
ALL YOU HAD TO DO WAS LISTEN! AND NOW THAT YOURE PRICED OUT YOU NEED TO DESPERATELY INCREASE YOUR STACK BY RISKING IT SWING TRADING!
ALL SWING TRADERS, REMEMBER THESE 3 THINGS:
1. 2 YEARS!
2. PRICED OUT!
AND FINALLY,
3. SWINGLINKERS ALWAYS, ALWAYS! GET THE ROPE!
Short term? Before the big success in years to come? You'll probably only see what you are looking for if they really Bog it.
If you don't think we'll slowly AION / TOMO / REQ bleed back down to 20 cents you are delusional.
Buy UND.
Idont understand this logic.
On the one hand what you're saying is the infallible link cannot fail. Therefore, anyone could buy now, as it will surely meet and exceed all possible expectations.
Yet, your next point is that its too late?
And finally, you believe that anyone who wishes to capitalize on the momentum behind it is doomed to fail.
You make no sense. by your own admission, if I buy link right now to spite you with a plan to swing it at some indeterminate time in the future, then I will have single handedly tanked your project.
Im not interested in your hopes for the project. Im interested in valid thoughtful feedback. Discourage yourself from engaging with people until you understand how civility operates within the framework of basic communication.
if web3 is shit it is going to dump hard
well despite user s warning about the usefulness of TA on the matter, my outlook is currently bearish. I thinking that if we dont spike up soon then that 61.8 retracement is gonna break and invalidate the current uptrend. My question was how low does everyone think it will go before the next leg up...provided there is one
you're telling me a swing is gonna hold? Do you tell an alcoholic today is different just have one drink?
DR;NS
If web3 is a nothing burger, it will dip to $1.70 but wont go far under that, maybe $1.60. It looks to be following BTC's pattern last year from a TA perspective. I think the downtrend is over though personally, it's just an accumulation phase before the next news cycle.
There is a lot of people that want you to think we are going lower, they want you to sell, they want to buy your Link, and they want to price you out of ever being able to buy back the same ammount of Link though. When this downtrend/accumulation phase ends and we go into an uptrend again, the change in trend will come suddenly and violently and rek a lot of people not holding.
Checked
that's a false equivalence, which is precisely the same premise that provided. You're both inept on the subject.
1.50-1.60 was my next target if it breaks. I wanted to see if anyone could confer my thoughts on the matter, but like the other user said TA isn't entirely reliable. However, the projects acquiring greater and greater momentum are becoming more reliable. Too many people, here of all places, are underestimating the amount of retail traders flooding to the market.
only nulinkers think web3 is going to be anything good, it's the same speech he has done over and over again.
>that's a false equivalence
No, one time a swinger always a swinger, and swinger will hang from ropes
>TA
>Altcoin
>USD
Thanks for the useless thread user
Looks like BTC in early 2018. going down to 1$
they're the majority now and they are going to dump.
LMAO look at this pseud acting smart in this shit thread
Who even gave you internet access? Don't disappoint them by contributing to the overwhelming amount of stupidity found here. Use it as a tool to educate yourself, then come back and elucidate us with whatever objective knowledge you've gained.
Don’t forget margin trading people who fudding obviously trying to sort just like bobo with btc. The more people want it to go down chance are it’ll do the opposite
just buy
btc is dropping and once that happens people buy into the alts with the best fundamentals
also web3 is coming and even though its going to be a nothing burger its getting hyped up and there will be a moon there
Swinglinkers get the rope
If you reveal your were a Swinger in Croatia, you will be hung and your LINK will be lost forever
I really wouldn't trust TA on ANY crypto desu, and it should be treated with very heavily skepticism even with stocks. Look at AMRN as an example. 6 weeks ago TA on it said that shit was going to the moon, and instead not only lost the entire pump it had but then some. Crypto on the other hand is just too new, and wayy too manipulated. As with stocks the same goes for crypto, look for projects you believe in based on actual fundamentals of the project, not some meme libes.
>muh speshul and unique meme token
fuckin cringe dude, total delusion
actually the long term chart read for AMRN (IN MY OPINION) says that the retracement is down near 9.50.
They know its going to get FDA approval. I think they wanna scoop some shares while they can. Gonna be looking for any Form 4s filed in the near term while I wait for a better entry.
A real Croat wouldn't waste time here. Youre either Bosnian or...
serbian
>He doesn't know about the Yacht party
Fuck off
You're right. I dont. There are so many things on this Earth that demand my attention. Therefore, I find it incredibly beneficial to reach out and communicate with others so that I may educate myself and keep informed.
As a fellow traveler on this wonderful planet, you can remain haughty or you can share why this "Yacht party" is of any consequence.
Troll or don't troll. The choice is always yours
LINK is a cult, all you need to know, if you want to win you need to follow the rules. If you show up and you swung you will hang
lol definitely sounds like a cult
It is a lot of things. A Jow Forums cult. Already a living legend. A seriously great opportunity, if they deliver. And maybe the future of mankind.
vidimo se na Hvaru
Like all the other nu-linkers you will forget about it, become drunken with smug when it hits the target, show up to the yacht party because you seem to be a dirty Croat anyway, and will brag about how you swung your LINK. Then the supply will be reduced and your corpse is going to float down the Adriatic sea
You are a Marine, so I will ignore that you are a Croat
t. triggered turkroach
Fuckin CRINGE
>Turkroach
Croatia is rightful Serbian clay
Maybe so... best start a war over it? Oh wait... you already had that.
Im not. I just dated one for 5 years. And at full risk of showing my true power level I've been holding Link for over a year. Not because the promise of Sergay's balls in my face, but simply because I went full autsimo and thought "wow! a project that shares the same name as the protagonist from my all time favorite video game series???? Must.Be.A.Sign."
But that doesn't always work out (Po.et) does it. You might need to reevaluate your reason for contributing, because it only seems to be for the purpose of being condescending. Which is fine I guess but Id rather have a valid discussion of possible price action.
Yeah, now. If you're trying to claim you thought this at the end of June/first week of July, you are completely full of shit.
LINK hit 61.8 fib retracement perfectly.
Four options for August; retest of 38.2 and rejection, corrective C to something around a dollar, crabbing around or explosion. It is pointless to discuss about current price action, because it literally doesn't really matter where you buy in the long term.
coins don't succeed without cults.
Yea, I never made that claim.
I'm stating now for anyone who is thinking that this is the bottom, to be aware that 12.50 and then 9.50 are very real possibilities.
lmao, the main stage! oh wow!
>centralized ERC token
>future
Pick one.
user, you're not going to get good info from these buffoons. I bought at $0.19, and have swung macro moves for huge margins for the last year. They all think this thing is the next ETH and that price will go up in a straight line, and that it even doesn't have a stopping point. Again, they aren't investors. Most of them are teens and college students (I know, I've lurked in their pathetic discords to gauge sentiment) trying to strike it rich and eat up fantasies.
>fortunately Im not too stupid to realize that $2.xx Is less than $3.xx
>fortunately im not too stupid to buy high and sell low
Jow Forums
Come to the yacht party fren
We will have whores and whiskey
And for later a rope for you
Whole lotta dumb niggers doing bad TA and quoting swing targets in USD not sats. Euros are such retarded faggots.
Meme lines only work in a vacuum, and even then only because all the other dead money is following the same bad system. Make sure to jackoff while doing it, supposedly feels better.
the best way to swing it is not in a consolidation phase but just wait for the next BIG pump (might have happen in a month or 3...) if you want to make real good money and add 50-60% to your stack. just wait until it goes balistic and normies are buying it up.
Very delusional.
>He thinks the swing linkers will hang from a rope meme is a meme
Again, delusional.
Just show up fren
I've had plenty of fun and profit already from dumping on you fellas from time to time, so I'll refrain from the party, thank you. I feel there would be some hostility in the air. After all, I could just afford my own yacht and whores myself.
link anons still have the mentality that this shit is at ground floor. reality is it's not, and it can depreciate heavily. so you swinging from $3.00 and not buying at $2.00 to them makes you seem like a retard. to anyone else who has a brain and still realizes this shit can drop like a rock, you're pulling a pretty smart move.
I see it going up from here. The time to trade has gone. Wait for the next run and position accordingly.
The fud are getting better, the discord trannies is out to play.
Dr;ns
So it will either go up or down
wow
brilliant, a work of genius
>duping on you
>antropomorphing a market
wut? you are dumping on a market you brainlet at a risk of being left behind if you time it wrong, just like all those swing linkers who thought mainnet swinging was a good plan and all those swingies who did it during the google blog post. In addition to the risk of being left behind, you risk of having your stack taken out of circulation by stopping to breath when you dangle from the true rope
Just swing your Link and come to Croatia when the time is right
again, you're still buying into biz narratives. you're not realizing that there is no such thing as "being left behind". It's especially not possible when I have over 6x my initial investment sloshing around thanks to my swings. I could lose 100% on my average swing stack and still have 4x my initial. you're failing to realize that what you own is not a guaranteed "make it" investment, regardless of whatever fantasies you dream up together in your discord chats.
>I have play money and I don't care if I lose my stack
>yolo
Go to the casino
next stop, just shy of 8 DOLL HAIRS. CAP EM
His last speech was not the same. Something has changed
>timing the market
ETH/BTC went 5x in one day in 2017. LINK can do the same thing easily.
Sorry fagget DRNS
Why do people brag so much about LINK doing... what... 20x from ATL to ATH?
That's worse than most coins on CMC.