/biz/ - Business & Finance

go fuck yoursel shill jannies take care of this trash

>>50709345
I'm seeing a token not needed

This again

>>50709345
>expert in TA
kek

Tonight

>>50709345
Fake and gay

>>50709951
You know nothing about TA.

>>50709407
Interesting. Others noticed too?

I just need one more crash to low $6 but it's looking less and less likely with every day that passes.

>>50709345
holy fuck just let it go

>>50709966
I think 7 is the floor, but you might get one last big leg down to 6 or 5. 1500 seems to be the floor for eth, but again you might get down to 1200, or even sub 1000, but the odds are getting more slim at this point, in my opinion.

>>50709961
stop talking about it ffs. keep to yourself anon

>>50709966
The previous dump took us to $6. wykoff shows each dump is lower volume. Sellers are getting demoralized. We also have sellers up to $8.5 buying back in. This could be the final call before a move toward $10. Wykoff says we hit teens. Bear will happen again but not until Wykoff plays out.

>>50710268
>>50710737
Wow, people are strangely hostile to Wyckoff accumulation charts. I wonder how you people feel about stochastic RSI.

>>50710757
personally I love wackoff but I feel fantastic about stochastic RSI

>>50710757
go fuck yourself

>Wackoff

>>50710807
why are you so infuriated by TA

>>50710865
Because he's a brainlet

>>50709966
It's downhill from here, might as well wait for $3. It will take years though, slowly crabbing downwards is a fundamental property of the tokenomics

Can someone give me a qrd on wykoff. Yes Ive read about it etc but I need someone who really understands it to distill it. How do you know which phase were on? Seems its highly subjective and you could fit it to charts in several ways

>>50711137
I don't think I'm a TA pro but I will comment. I was reading the last thread on this. It's even more interesting because the last OP referenced a newer variation of the Wyckoff accumulation as the rising gradient wyckoff.

TA is semi subjective due to the nature of the market, but there are general schematics (like in the top right) of OP's picture. There are rules which confirm the event is occuring or is confirmed. They are allocated based off relative trading volume and matched up to the schematics.

Phase A starts when the preliminary support (ps) is broken, this has a sharp selling climax (sc) and a quick rebound to an automatic rally (ar). A secondary test (st) will try to go back down to the sc, but will fail to do so.
You can generally identify Wyckoff at the start of Phase B where a big rally occurs and then fails, but rebounds (secondary test). The "trading range" is drawn based off those lines. You can see OP mapped these events that conforms to the schematic.

Phase B generally concludes when volume diminishes because the buyers and sellers are demoralized, which conforms again. Then Phase C will start to see higher volume again.
Phase C often tries to retest the lowest "ST" to really clear out any of the last weak hands, but because so few weak hands remain the price rebounds again quickly. Then everyone turns bullish because they see there aren't any sellers left and only buyers remain.

What's interesting here, is the OP in the last thread mentioned this is a different type of Wyckoff known as a rising gradient which is far more bullish than the standard wyckoffs because there is much more buying pressure. It means a spring might not even happen.

tl;dr - TA is based on pattern matching and following a set of general rules. Just like a horse has four legs, a tail, eats hay and neigh's. Or how OP's mom weighs more than 500lb's and has a penis.

>>50711600
The weekly RSI never went under 30 but the pumps have been shitty in exchange.
ETH dumped more and then recovered more.
What makes you think this would be more bullish?

The only difference is that LINK stopped crashing earlier while the rest was crashing with enough buy orders, but it still needs a push to go higher.
The news catalyst needs to be good.
Everything depends on the SmartCon...

>>50711137
Seems like something which only works in hindsight.
It's best to look at it as a range which has been left unbroken by the last ETH and BTC dumps.
The support seems strong enough to absorb high selling pressure and the selling pressure is weakening.

In that case exiting the range on the top would be bullish and mean there is no one left to sell and the buying pressure is too high for the lower price.
Market manipulators may try to do a fake out and make people think it will go to the other side to make them sell before which would be called the spring.

The apparition of Wyckoff patterns should be a direct ticket to jail for exchange trading platforms.

>>50711646
I'm not sure what you're getting at, the chart is showing what the chart is showing. There are a hundred different metrics you can measure against but it looks pretty clear to me that there aren't many sellers. The pumps being shitty looks to be pretty in line with the trading range for the Wyckoff channel.
You could join in and be one of the "late sellers" if we ever do get a spring.

Why is LINK performing so shit against the market with everything coming up? We lost another rank, now 24 in market cap and actually far behind 23... We were close to the top 20 a couple weeks ago, there's no bottom against ETH or BTC it seems

>>50711713
Probably due to demoralization, late sellers dumping in a trading range is quite healthy. You can always sell into eth or btc if you don't believe in your investment.

>>50711687
I agree the market makers are trying to make you capitulate. The more late sellers and weak hands that dump into the trading range means more accumulation for them and more profit.

any retard looking at the chart can tell link is about to pump. all the defi 1.0 are primed. imagine selling here.

>>50709345
>targeting teens
fucking kill me i spent all my money in the world on this coin at $38

>>50711777
checked wagmi

>>50711777
checked and confirmed.

>>50711827
A common theme among many who bought crypto near the distribution, not unique to link. I can see many good bull cases. A shift back into the teens will of course create a further case for a rise back into the $20+, $30+ and $50+ ranges. Targets are set, then the next cases are evaluated.

>>50711893
Just realised what my ID says.
BeautyLoo.
Stinky linkies are the most beautiful of all.

>>50711749
I already capitulated last year at a much higher price.
Wasn't such a bad idea in hindsight.

Is it safe to put my whole stack in and open a leverage long now?

>>50712269
Lol

>>50712269
If you set your liquidation price very low, sure. Don't forget 3AC thought leverage was a brilliant idea and they have far more market experience. Leverage is the drug that tends to wipe out the market.

>>50712279
How low would be super safe? 2 dollar? I lost a huge amount from the bullshit last few months and need to get some of my stack back. Should I risk my whole stack? It would change my life if I can double my remaining stack,

>>50712838
hmm, prior low was 5.30 at 17.5K BTC. maybe 3's just to be safe.

>>50712896
Link the original post. This was posted on the GME subreddit you gaslighting Bulgar

>>50713105
It's been removed but here is a screenshot

>>50713144
>That obvious shoop artifact at Chainlink
You actually thought this was real when you saved it from /biz/? HAHAHAHAHA
Imagine being this desperate to make fun of Linkies that you fall for a repurposed GME baggies meme

>>50712896
>>50713144
>He didn't even realize his first screenshot doesn't contain the word Chainlink after the heart while the second screenshot does
Lmfao. You're an embarrassment.

>>50711777
checked and blessed

>>50709345
doesn’t wykoff have like a model for breaking down and upward and they all look the same?

>>50712896
>>50713144
>Quietly abandons thread
That's right fag.

>>50713188
>>50713167
>>50713481
Stinky linky coping hard. They also posted on the shiba inu sub.

>>50713491
>c-cope linkie, i-it wasn't GME it was actually the Shiba Inu sub!
Fucking pathetic. Never post that dumb image again you cretin

>>50713491
You got found out for the retarded newfag you are. Go and commit sudoku, retard.

>>50713555
>>50713754
The shib post was different. Linkies are coping so hard. Just admit you're bagholders

>>50709345
>Any other expert in TA seeing the same thing I'm seeing here!?
No. For a Wykoff Accumulation there has to be some form of accumulation. Link is dead to new crypto holders, nobody is accumulating other than oldfag Linkies who can't let go.

>>50714255
Explain why Chainlink is not mentioned in the first screenshot, but is mentioned in the second screenshot, with obvious shop marks. Just admit that your epic "gotcha' was not an actual LINK post and move on retard.

Imagine trying to predict Link price based on a fucking graph, right before Smartcon, staking, ccip, enterprise abstraction layer etc

>>50715210
TA and FA are interwoven because the ones painting the chart play into these events

>>50710744
sellers don't get 'demoralized'

>>50709345
why do you keep spamming this same h
thread over and over?

>>50711777
Checked

>>50716224
>why do you keep spamming this same thread over and over?
This is the 2nd time he has posted it. What are you on about?

Lately I'm beginning to understand why noLinkers are so agitated all the time. Every time they see LINK mentioned (be it FUD, shitpost or positively) and the thread is bumped, they see it as a separate instance. Of course you are going to be butthurt and fed up when you perceive LINK as being mentioned a factor 10 more than it actually is. This is a prime example. In yesterday's thread there was an anon who claimed Linkies have been calling Wyckoff distribution endlessly for months, while the archives prove otherwise. Really odd.

>>50715210
I think OP is saying we'll be in the teens before Smartcoin, which would be nice. $15 Link with a good Smartcon could push us back to ATH during this shitty market.

>>50709345
I don't care about this chart
but the downtrend has been broken on all timeframes

>>50716589
Shut the fuck up faggot, linkies HAVE been spamming this board for at least the past year about muh wyckoff. And no, I'm not going to sift through the archives for hours to prove it. I fucking saw it and you're wrong. Kill yourself.

>inb4 LE JOO LE BULGARIAN LE PAID FUDDER XDDDDDDD

>>50716941
Also the first time since the first half of 2020 (after the covid crash) where LINK has been crabbing without huge moves up or down for several months in a row. Looks like we finally bottomed out after the 2020 run. Jesus christ that took long.

>>50716832
Link will not test ATH’s this year. Good chance in 2023 though. ATH in 2024

>>50717306
>Literally seething
I'm going to post about the Wyckoff tomorrow just to annoy you kek.

>>50717306
Prove it. Where are the archived threads?

>>50717600
I don't give a fuck if you keep spamming this board, but don't fucking lie about how linkies have behaved in the past. What happened to the big arbitrum cope from last year where MUH FLIP OF A SWITCH was going to make Chainlink moon? Are you going to deny that too, or just blame it on Bulgarians and Jewish trannies?

>>50717795
I'm not going to prove it, go fuck yourself. I know what I saw. If some retard flat earther asks me to prove that the earth is round, I'm not going to spend hours in a debate with such a person. If an anti vaxxer tells me that everyone who got vaccinated is going to die in 2 more weeks, I'm not going to waste my time on them. Get it?

>>50717831
>I can't substantiate my head canon with actual proof
I figured. Thanks.

>>50717872
If you haven't noticed, all of the actual working good archives are down. All the archives that are up right now are fucking shit and don't even work. Try searching "Wyckoff" on any archive and getting a result for 2021. If they can't even find one word, then it means they're not working.

>>50717798
>Still seething
I will buy more Chainlink tomorrow, too, because that also annoys you. What else can I do to annoy you? Please, make another seethe-filled post.

>>50717930
Bluffing or incompetent? I'll let the lurking anons decide.

>>50718339

It's so pointless to TA for well known shitcoins, they won't fucking do anything unless king shitcoin does anyway, they could print the biggest bullflag of all but will instantly dump 15% if bitcoin farts in the wrong direction

>>50718339
>>50718391
Warosu wasn't working in my browser. Search "Wyckoff" Feb 2021-august 2021 OP posts only. Of course it won't fucking show results for "Wyckoff link" because no one uses that exact wording. This fucking website is a broken piece of shit, and I'm leaving this thread now. Not going to argue about this with you when you're clearly being intellectually dishonest.

>>50716589
This is cope of the highest order. I remember those Wyckoff link threads last year.

>>50719012
You got btfo and you're an absolute cunt. Fuck off and kill yourself. Don't talk about intellectual dishonesty when you've made no effort to back up your stupid outlandish claims. Fucking die.

>>50709345
Ahhh I see you’re a wack-off expert too

>waiting for sub $5 LINK

>>50711777
trips of truth WAGMI

>>50719012
Thanks for the laughs anon.
>>50719028
What is there to cope with? I'm here everyday and it's a faulty claim that Linkies have been shouting Wyckoff since last year. Why? Because if anything, LINK was in a Wyckoff distribution pattern which is BEARISH. If you check the archives, you see it's mostly people shorting and laughing how the Wyckoff distribution is going to wreck LINK (it did).

So not only is he wrong, it was the exact opposite of his claim. This Wyckoff accumulation pattern didn't start till after the crash of may this year, and hasn't become visible until a few weeks ago. Cope, seethe, dilate.

>>50719188
This is cope, the only reason that guy didn't completely embarrass himself was because the archives are all incomplete barely functioning pieces of shit. If wakarimasan was up, it would prove that anon's point.

>>50719012
>>50717930
>>50717831
>>50717798
>>50717306

>>50719406
they are truly losing their mind.

>accumulation
Meanwhile in reality Sergey announced that he's dumping another 50 million tokens in the next few months, lmao

>>50709345
Oh perfect so we still have a long time in the single digits, I'll buy shit with an actual ROI in the meantime and then flip the profits into link in 3 months.

>>50709345
BTC is in the later stages of accumulation. Dunno about stinky.

>>50719575
outperformed btc for 3 months straight

>>50711893
"if the price goes up, it can go up higher"
wow u are a truly sophisticated analyst

>>50719012
>has 1 browser