/biz/ - Business & Finance

>>22668062
COPE

>>22668062
please be true. I NEED this.

>>22668062
Scooping up more when it hits $4

TA is bullshit even with historical data, why would it work with something that nobody paid for at first and is like 4 days old?

>>22668062
that is not how memelines work.
yes, it will have a minor bounce of maybe 10%
then its down again into a falling triangle

>>22668165
Because bots on exchanges know traders (normies and noobs in particular) follow these TA patterns, and can easily PnD them. It's literally shark bait for these CEX's

>>22668167
I've seen it time and time again, on various coins, in particular those on Binance. It's literally free money with the fomo behind it

Lol no, 1b total supply for a governance token

>>22668167
this, wedges usually stack downward

>>22668243
Who says long term? Kek, you do realize the short term fomo/potential behind this right?

>>22668214
you can't draw an upward line with arbitrary (!) length just because it is in a falling wedge right now.
every goddamn bubble ever bursts as a cascade of falling wedges.
falling wedge (what you drew) ==> minor pump ==> another (smaller) falling wedge ==> even smaller pump ==> repeat until you have a massive falling wedge (bearish pattern) => capitulation

study the BTC 2017/2018 bubble burst if you don't understand my description, or maybe google "market cycle" in google images.

this is how every goddamn bubble in history has resolved and it is the same here. it will not magically go to ATH just because of a bullish pattern but instead this is roughly half of an extremely bearish pattern and all you're getting is a minor pump

i'm not going to respond any further because this is extremely elemental stuff

>>22668444
meant to write:
*repeat until you have a massive falling TRIANGLE

>>22668343
we unifags believe that holding uni will earn them more uni, which means basically keeping the share of MC

>>22668062
hello bagholder

What price should I buy in?

I'm thinking 4.2-4.5

>>22668552
~3$ capitulation based on TA

>>22668243
LINK also has 1b total and it pumped to $20. Governance can vote to add protocol fees to UNI holders. You dont gnow wtf you're talking about. Fuckoff newfag

>TA on a coin that's a few days old

Get ready for the breakout lads.

This is easily going to test 6.2$ and from there onto the next target.

>>22668062
how heavy are your bags?

>>22668062
Similar meme lines bro

>>22668062
Tbh descending wedge as a bullish sign is way over estimated. Launch hype is over, it gonna dump a while longer before getting back on track.

>>22668444
Only smart anon itt

I think $15 will happen within two weeks.

why is no one mentioning the fact that people getting 400 UNI per adress for free is bearish?

>>22670032
its actually bullish, considering that everyone was given so much and it pumped to $8. means that there was so much buy pressure even though every pajeet had $2k+ it still pumped. imagine whats going to happen when most 400 wallets are gone and it goes live? :)

>>22668062
Fucking kek if true, so no.

>>22668062

>>22670707
The buy pressure existed because for the first time at launch whales didn't already have massive bags ahead of everyone else other than uniswap devs and investors as stated in the announcement. They had to rip them from the hands of every pajeet and wagecuck the old fashioned way by market buying a metric fuck ton. Now the whales are in control again and we no longer get to ride with the whales so freely until they decide if they ever even do again.

First time this has been at something other than Sell or OHMYFUCKINGGODSELL.

Is this the sign the whales have decided this is the bottom and are now scooping up weak hands?

who'd want the power to influence the exchange with the largest daily volume? scam shitcoin, going to 0 eoy.

its a ethereum token, when 2.0 comes out we are all going to make it

IM GETTING RAPED BY FEES FUCK ETHEREUM

what is this mini pump?

>>22672235
Wtf do you think it is? It's people buying the bottom. Support is in

>>22668062
I don't think it's going to 10 but if you can post your TA that would be helpful.

I think it's stabilizing somewhere around 6, the current drop is clearly related to BTC (see chart) so when BTC goes back up then this will also go back up to where it was before BTC's dips.

Keep in mind that when the coin was around 7.4 yesterday, BTC was above 11k.

It could go to 10 by the end of october, but I think this is contingent on the market/BTC and Uniswap announcing actual benefits to owning it (Like how BNB has discounts for Netflix and Visa) as opposed to the more abstract of "hold for 4 years to provide money for Uniswap and vote" thing.

>>22668105
Seethe

>>22668243
>>22668657
Also the fact that there's only like 100 million circulating supply because of hoarding/lost wallets right now and the fact Uniswap has actual stuff backing it with Eth 2 and V3 coming out soon while Link is not so much. Going to hit real high at its peak.

>>22669305
Already proven wrong by the fact it pumped when BTC pumped. Face it, this isn't your memeshitcoin that's slowly bleeding out.

>>22671334
Whales are still trying to push the price down to accumulate more. If you think there isn't any buy pressure you're retarded and if you're selling with that in mind you're retarded.

>that 60 cent rally with BTC's rally

Crazy stuff, people want this shit to succeed.

>>22672464
alright nigger you convinced me im buying back

I Will Buy back at 2.2$

>>22672642
It's pretty obvious that the saturday pump was tied to BTC going over 11k and the dump was because BTC fell under 11k. If BTC pumps again it'll go back above 7. Can swing your 5 dollar UNIs for a 20% profit (assuming fees are still horrendous).

a single piece of news from Andre or UNI this thing will pump hard

>>22668062
>UNI increased from the on
Anons, this guy just might be right. Maybe they're really pumping this so they can only dump it later and make some quick money with this UNI stuff.

>>22672235
open up trading view and add all your favorite cryptos to a watch list. Look at BTCUSD first. Then quickly flip through every single BTC pairing. They all move synchronized to the minute when btc does anything other than crab. I noticed the mini uni pump just now too but quickly checked everything else. They all moved at the same time because the trading bots are always on top of their game.

>>22672769
>They all moved at the same time because the trading bots are always on top of their game.
How many trading bots are there really on the market?

>>22672817
a lot

>>22672817
Unless something is being fomo'ed hard and moves unnaturally like UNI did for 24 hours, then it's safe to say there are more bots than humans at any given time.

fractal

>>22672411
Missed the airdrop huh?

Cry more, nigger.

someone help my low iq self understand stop limit order

Say I want to sell everything if the price hits $5.05.

I set

>stop: $5.05
>limit: $5.00

This may not execute? under what scenario?

>>22668062
Don't care, never selling.

>>22673023

If a whale decides to market dump and drops the price by a few percent in a single trade there's a chance the candle rockets past your stop loss and it doesn't get triggered.

Looking rather bullish I have to say. $6 might be doable, although I think it will fall short.

>>22673199
what do I do if I was to be absolutely certain my trade goes through while i'm sleeping?

>>22673023
>order posted to the books as LIMIT $5.00
>order will execute up until the spread falls below $5.00
I don't use CEXs a lot. But to me, a STOP LIMIT order is just a surprise limit order to keep your shit hidden from everyone. Because if you set the $5.00 limit well before the spread approaches it, it does the same thing as the STOP LIMIT.

>>22673241
So I should put a decent gap between the limit and stop price?

So if i wanted to get out (stop) at $5.05 and a whale dumps, I should set limit like $4.70

>>22673240
I think if you set the limit low it will just run through the order book until it is filled no? But in a flash crash you get absolutely murdered.

>>22673235
Imagine what will happen if btc goes green tommorow

>>22673282
I reread your original post again. What >>22673199
is talking about is more to your point. Understand that with crypto especially, nevermind this perfect storm of a token that is Uniswap, tight tolerances with STOP LIMIT orders are prone to failure. I think what you have there is a good idea. As long as you're not selling at a loss, or you're comfortable with selling at a loss. I say that because I truly believe that even people who bought at $8, will come into profit again on this token.

>>22672951
You misunderstood- he was saying that UNI was going to 2 dollars, I was saying that UNI rallied when BTC rallied and dipped when BTC dipped, ergo a rally to 6 dollars is likely once BTC rallies.

>>22673421
A BTC rally would send UNI to $10

>>22673441
I'm being very conservative here.

I think we will see more dumps if it hits $8 again now that some price discovery has occured. $10 inevitable but longer term than many anons are assuming. There's plenty of 90 metamask wallet pajeets ready to dump if it goes up again.

>>22673441
BTC will dump again tomorrow

>>22673241
That's where the shady shit comes into play. I find it unethical that Binance can trade on their own exchange but they do. Setting stops is like playing poker with your cards facing out. Once enough leveraged longs and shorts stack up, you'll start to see freakishly long wicks and that's binance liquidating and collecting from stops.

Look at historical data for big volume stuff. Before a big trend change you'll find very unnatural wicks. Everyone telegraphed their positions to the exchange and gets wiped out before their trade went profitable.

>>22673538
No it wont, its Ruthless Monday

>>22673381
>>22673287
>>22673241
>>22673199

ok well thanks. im still a bit confused. maybe because I thought they were fool-proof going in. but I guess it's not

>>22673561
This is exactly why Uniswap and similar platforms have to suceed. Fuck Binance and CZ... so bad for this space and people have yet to wake up to it. Just chink scammers moving money into their own pockets

>>22673812
Hoping ETH 2.0 fixes the issues and makes it a more usable platform.

I hope the people who sold enjoy their ps5s

>>22670882
This.

>>22673910
Nah, they'll be too busy wagecucking to find time to actually play any games on it. PS5 trophy

>>22668062
>sold 4.75
>the literal bottom
CRINGE CRINGE CRINGE BASED CRINGE

>>22668165
Because retards think it works therefore it still does until a chink whale decides otherwise

>>22674082

prop desks use TA, biz wouldn't know anything about that

>>22673575
>Ruthless Monday
Thank god she is finally dead

>>22668062
UNI on the verge of lalalalal let me spin my crystal ball and lick my gypsy tears. FUCK YOU OP

4.75cents was the final bear trap.

Load the pump.

But I thought the ATH happened when UNI was 3 days old and I found my free gib coins?

>>22668062
>Andre holds 380k UNI coins and is going to make big changes in UNI.
how? you need 10 mil UNI to just make a proposal

>>22676100
>4.75cents

>>22676720
You can delegate your tokens....

Do not delegate to Andre. He’s hostile.

>>22676779
what does that even mean....

>>22676856
You only need 10M uni to issue a proposal, but you can delegate your tokens governance to another party.

>>22669305

Current state of my meme lines.

Let's see if they hold true.

didnt read not selling or buying
not doing anything. didt read and im not gonna

>>22677138
$20 EOW

>>22677450
I'm sure it's gonna go up from here too.

I'm just selling a little here and there and then buying back in lower as it falls through this. So far I'm up 10 UNI from when I started.

>>22670032
why would anyone bother to sell such a small amount? i got 840 for free and im not selling until its $30

Doubled my stack by swinging, swingies get the rope ;)

>>22668062
>Mfw it's outperformed XRP is the first week
>mfw XRP groids still believe it's going to $2000 EOY.
Sweet
Buttery
UNI

>>22676028
sides = burst

>>22668444
>>22668571
so this was wrong