/biz/ - Business & Finance

>>19979922
> Biggest FUD campaign I’ve seen since Link
> Target: $2.00+

fudder

>>19979953
I meant in the next week, but if you think higher I surely wont argue ;)

Sell signal

>>19980048
Thanks. Myself and all the biggest wallets (that are still buying) will gladly scoop

>>19979922
Literally can't break resistance. It's gonna dump with everything going on in the world

>>19980071
That’s literally how bull pennants work

Based retard TA. Seriously what the fuck is your chart dude

>>19979922
you've got exactly 7 daily bars
did it ever occur to you to just go to a lower timeframe
this is retard tier TA

>>19980215
>distribution

>>19979999
checked
theos megale in tu ymas eurel

>>19980203
Kek

You do realize that shilling a coin here only makes you seem uncertain and is a bigger sell signal than fud

So we’re selling at $2 ok

>>19980203
It’s not on trading view and has been around for like six days so, want to show me better

>>19980217
Four hour and eight hour time frame on an app doesn’t work for me

The exchange it’s listed on isn’t super flexible

>>19980326
>>19980215
Just not sure how you deduce anything from pic in op

>>19980476
It’s a bull pennant on the daily, what else do you need?

I called this a few days ago when it was forming, pic related. I posted then too and said to cap

What more are you looking for friend?

>>19980476
>>19980515

It’s been wicking and forming predictably ever since the first wicks. You don’t need months of chart to predict that

>>19980233
Thanks for the check
I’ll check yours back

>>19980515
Just want a fucking moon. I appreciate you op.

>>19980771
Stay patient

If we don’t get a bearish engulfing on today’s daily, I think we are golden. BTC’s instability has me a little nervous but I don’t trust big weekend moves. It’s held up well regardless. I think once we get new volume (aka a new exchange) we are going up no matter what

>>19980855
Checked, sounds reasonable, volume currently is kill

>>19980973
Yeah, we’ll see. Bull pennants are supposed to not break resistance til the end. It’s never a for sure thing, just statistically strong

Fingers crossed and good luck

>>19980973
>>19981132
Pic related :)

I went balls deep so I’m also a little nervous but I’m confident in what’s going on

>>19981132
>>19981161
Thanks for the info, anon. Me and many others appreciate you not speaking in absolutes. We all know this action is likely to break up, but there are no guarantees in life.

>>19979922
Hahahahahah the lines. My sides fuck hahahah

>daily chart, not even 1/5th filled in
>ta on said chart
>"bull pennant" on a shitcoin based on ~4 of data
>chainlink comparisons
>fake partnerships
>backed by overvalued used cars that depreciate value on a monthly basis
you dmg fucks are a different breed. i know you're going to deflect by saying that this is just part of some elaborate fud campaign to get you to drop your bags, but this shit's going nowhere fast.

>>19981352
it's incredible how quickly they became deluded bagholders

>>19981352
>Backed by shitty car loans
Yeah adding new asset classes is really fucking hard. Do you have to remind yourself to breathe?

>>19981161
Yeah I would be surprised if binance rumor doesn’t come true. DMG has been leading in volume on idex and uni, no way CZ doesn’t want a piece of that right? And the wallet movements?
What evidence do we have of binance having a dmg wallet

>>19979953
>Biggest FUD campaign since LINK
Yeah, naw bud. Before the sale there were like 6 shill threads up at all times. After the sale there are maybe 4 shill threads. Muh FUD!

> shitcoin dumps hard
> Charts say it's bullish

Not vibing your TA but fundamentally DMG gives me goosebumps at how big it could be. This is true moonshot stuff biz, I pity the anons who miss out

>>19981404
I was about to say, this anon clearly was not early for LINK. The two are pretty incomparable

>>19981395
It was posted previously and I saw it, I just don’t have it saved or anything. It may pop up again if you ask about it in a larger dmg thread

High risk high reward

>>19981241
Of course of course, I genuinely do try and help on here

If/when we do break up, I’ll be sure to be rubbing it in all the fudders faces

>>19981379
My average buy in is ~.3

>>19981439
>>19981407
>>19981352

TA makes sense regardless of how many bars you have it in front of it dummies. First time?

What’s the difference between this pattern now and if it had a year of bars in front of it

Invalidate me

>>19981467
mine too but the delusion is staggering

>>19981557
That it’s not a bull pennant?

>>19981570
You’re new to investing aren’t you kek

>>19981570
couldn't be distribution mmm mmm no no

>>19981624
>>19981616

Guess we’re not going up! :///

>>19981686
hope you're hedged

>>19981624
What is distribution and how is it different from consolidation/bull pennant

>>19981779
It’s a portion of a circular market structure versus technical analysis

Just don’t panic sell if we go down. Nothing is absolute. I’m still confident

>>19981624
>>19981779
>>19981805

I’d just like an explanation, if you think you know something, I’m willing to learn. I’m laying myself out here- I think it’s a consolidation pattern

>>19981779
distribution is consolidation where the asset is sold (distributed) to latecomers before a decline in price

>>19982125
And how can you tell the difference and what makes you so certain

>>19981779
forgot picrel
>>19981840
the whole market is taking a shit after ranging for a month. why would would an unknown shitcoin moon from latecomer bids when the real play is usd?

I am myself a shiller of DMg but I think BTC could kill the party. Anyway I don’t think it will be listed before the AMA on 30th

>>19982173
Weekend moves don’t mean much

I don’t think it’s really reacted to the market as a whole. I think because it’s so new, it’s still in an accumulation stage. It didn’t exist before, is that really a mark up phase? There was the initial buyers who brought the price up, sure, but that’s still establishing a median price, it hasn’t gone a full accumulation cycle. Smart money is still buying for another leg up post consolidation

Maybe I’m wrong. I trade pretty well, believe or no. That’s what I’m thinking and willing to bag hold if need be

>>19981393
No shit it’s an easy ask. And yet they haven’t done it. You’re a fucking idiot to buy an asset token backed by one asset class that depreciates at a yearly rate. Do you really think you’re early here? You’re holding fucking nothing. The cars were overvalued against their blue book prices already. The token is currently overvalued against existing assets. Why would you buy an asset token knowing it’s not fully backed at its current value? You’re not early, you’re a fucking smooth brain inbred gambler who’s getting fleeced.

>>19981513
>Invalidate me
TA is a form of data analysis and you are doing it with six points of data over a 3.5 hour span. I don’t need to say more than that - it’s clear you’re either a discord shill or part owner at this point, and nobody reading this thread is going to buy this shit anyways.

>>19982481
The loans are the collateral, not the actual fucking cars.

>>19982736
this is the type of person buying dmg right now

>>19982481
They are short term loans. Are you capable of reading the white paper? I know there are some big words in there.

>>19982481
>>19982736
>>19982768
>>19982922

Smh if you think this is only going to be for used cars

Valuation means future value too, which can include possible later uses. “Priced in”

This project is under valued

DMG and MRDN are your moonshots for 2020 anon, yw.

3 man team

>>19982736
How do you know they’re buying loans and it’s all fake

>>19979922
Bought another 50k. Let's go.

Thinking about unironically buying 75k to add to my 25k.should I do it bros?

>>19983062
Tim Draper backed

>>19983206
Bought another 100k thanks

>>19983602
Good. And I’ll check out mrdn

Ok should I unironically double down here?

>>19983602
LARP
You would have moved the market much more

>>19983206
Just because it’s backed by a whale it don’t mean shit

>>19984868
>It don't mean shit homie
Didn't know they had WiFi in prison.

>>19984868
>>19984928
kek

where to buy?

>>19986262
https://app.defimoneymarket.com/

https://uniswap.info/token/0xed91879919b71bb6905f23af0a68d231ecf87b14

also mesa.eth and some more EX but uniswap is the best option rn.