/biz/ - Business & Finance

>>54723432
the "eth whales" are sergey's eth wallets creating the illusion that therr is interest in his shitcoin he'll unload for eth once linketh 2x's

>>54723447
He already unloaded for 100x against eth

>>54723432
even i'm tired with chainlink but how fukcing new are you to not understand what accumulation is retard?
the point is literally to wait out hoi polloi as they switch in and out of projects

>>54723432
the problem tho is that this level of manipulation makes all analysis both technical and fundamental impossible
so we got nothing to do but sit stare at the chart and wait till something happens
as you have noticed several anons here have gone completely insane from this range bound price action

but the biggest hint was in the immidiate aftermath of the ftx collapse: where they sold all their customers linkies on defi protocols and bots slurped it all up a about 4 usd a piece so fast this drop didnt even make it into the exchanges and isnt in the graphs so you had to have been there live to see it
whoever did that is not a retard to even set it up and didnt do it expecting no return
when this range breaks its gonna be a sight to behold

>>54724570
Technical analysis? Its fine. All you need to know right now is pic related. Its in a classic rectangle. No other TA necessary. Whatever direction it goes will be the next trend and will also forecast the magnitude of it. If $10 breaks it will be a strong up movement.
Manipulation is all part of it.

>>54724684
that chart jsut proves what i said, it was a giant fake out out of the triangle
also no shit the direction is whatever way it breaks this 11 month accumulation rectangle
the problem is that the movements in the rectangle and the wider market give absolutely no hint on when this might happen and the longer the rectangle persists the more risky it becomes to short the top range of it

>>54724684
tho to be fair upon closer inspection the stoch rsi, macd and rsi on the link/btc chart are stating to look like a bottom was in and recovery is underway
gonna have to wait to see how this plays out

>>54723432

That's what I do, I will put like 10k into some coin, then when it goes up 25% or something like that, I just dump and take an eth profit.

if the coin is higher risk like some eth shit coin, I just put in half a eth or 1 eth and do the same... however if it pumps really fast, ill take that 2x or 3x

gg

>>54724684
>Whatever direction it goes will be the next trend
amazing analysis

>>54723432
Chainlink = cuckold cult
Staking = sissy chasitty cage
Sergey = findom master

The cucks will cope and seethe but deep down they know it's the truth.

>>54724570
>but the biggest hint was in the immidiate aftermath of the ftx collapse: where they sold all their customers linkies on defi protocols and bots slurped it all up a about 4 usd a piece so fast this drop didnt even make it into the exchanges and isnt in the graphs so you had to have been there live to see it
Seriously? That’s insane

>>54727091
Yep, can confirm some serious fuckery was happening. There were threads here as soon as FTX started imploding and by some miraculous coincidence whoever had control over FTX’s funds started market dumping their LINK straight away.

>*clap*
TOKEN
>*clap*
NOT
>*clap*
NEEDED

>>54724719
> it was a giant fake out out of the triangle
Go home anon, you're drunk.

>>54723432

>>54727659
sounds like you're a cuckold making up shit

>>54728888
checked
cuckolds just keep making shit up all day to try and trick newfrens into buying their heavy ass bags

>>54727091
i member watching it all go down, can confirm what anon said. What ever came of that, i'm pretty sure it was an insider grabbing crumbs from the shipwreck but it got memoryholed

>>54724570
>several anons here have gone completely insane from this range bound price action
I don't understand these people. I watch Link every day too, but never have any issue. Obviously I'd rather we went up sooner, but I'll wait as long as it takes. What's wrong with these idiots? Doing nothing doesn't involve any effort, unlike many other things. Go for a walk or read a book or something. Assholes.

>>54729600
>Doing nothing doesn't involve any effort, unlike many other things
thats the funny thing. these idiots have the nerve to think they are owed to become millionaires just sitting in their ass waiting. they could actually do plenty to educate other people about chainlink or just work for something else but nah - they decide to act like little bitches

>>54723447
>the FUD is that whale(s) are accumulating

>>54728888
checked but you're still a mentally deranged broke loser
>>54728905
samefagging loser