/biz/ - Business & Finance

>>55417223
fatfuck is about to dump another batch of tokens

>>55417223
>But why?
sergey painting the chart for you link retards so he can dump on you again.

>>55417223
The team literally told you they’re going to dump all over your head and yet here you are with the magic charts

>>55417277
Based, Checked divine 7s. We are all actually going to make it, bros. All of us.

>>55417223
Someone posted a different longer version of the wackoff accumulation range over the last 1-2 year? I don’t know the first fucking thing about charting or trading and it was one of the sexiest things I’ve ever seen.

>ta on a shit token
Alts move with bitcoin

>>55417409
Kek fuddie

>>55417244
checked and fpbp
subhuman nastyslob has more shit to dump in his toilet

>muh wackoff
kek

great thread guys real organic but let's just pack it up and head on back to twitter where all the good posters are

>>55417453
Whether this is sarcasm or not, it's actually true. All the great alpha is on twitter nowadays. /biz only serves as a kind of word processor, so anons can write lengthy pieces and post them to twitter as a screengrab, rather than pay for a blue checkmark there. /biz is crawling with assholes who think they're funny and are anything but.

>>55417715
>/biz/ doesn't like my blown out shot token anymore
Sour grapes.

>>55417731
>/biz/ doesn't like my blown out shot token anymore
I don't even know what that means, anon. Is it edgy fake hatred of Chainlink, like everything else in this place? Either way, I don't care. I have loads of Link, all staked, and I buy more whenever i can reasonably afford to. Sorry if this makes you uncomfortable.

>>55417731
Forgot to add; you;re one of the unfunny assholes I was referring to.

>>55417223
I’ve been reading your drivel for months now Wackofffags. Literally nothing is happening.

>>55417780
>>55417848
Have fun at the dance sweety!

>>55417223
>Chainlink is painting the most textbook Wyckoff Accumulation pattern I've ever seen

Delete this thread.

>>55417223
Zoom out. Lower lows it's still bearish.

>>55417888
triple 8's - blessed link thread

The Klogner waves definitely seem to be ready to rattle apart in that chart

>>55417223
>Whackoff accoomulation
Where have I heard that before?

>>55417715
>this is your alpha

I've literally never seen a Wyckoff Pattern ever reach the 5th phase. I guess it's possible but I've never seen it.

>>55417223
Jackoff you say?

>>55417223
>Someone is creating this pattern on purpose. But why?

The team isn't retarded. They will run up/TWAP the price up again and let retail buy so they can unload their holdings for more funding. Go look at the chart. The price tends to go up as the team is selling. They have a massive treasury and can easily have 3rd parties do it for them.

>>55417223
I'm wacking off!!!!!!

>>55417223
i always hate it when people cut of the date or the price on their posted charts
so guessing here thats September to hit SOS and nov/dec for break out of range phase E

as to why this pattern it says so in the name its for accumulation
this allows either a very capital rich market player or a player with near total market control to accumulated the most of the asset at the best pricing
letting your buying slowly run up the price and then crash it down so you can accumulate more and longer before anyone catches on
and then the spring is crucial drop out of a long range and see if there is any capitulation potential left
the drop to 5 in a single event and no subsequent panic selling means that the holders left are all schizo tier now that dr;ns while this attack costed a lot in aave fees
this means that the manipulating entity can now no longer crash the market and acquire more links at a profit hence the manipulation down is no longer feasible
the climb up can still be slowed for a while but no new low will be seen
unless of course the tardfi markets do another 2008 then all charting goes out the window

now once you understand the true meaning of the wackoff chart it becomes beautiful, i just never thought there were entities with this level of control of crypto already
in any case when it breaks the resistance this board will explode in fud seething so in a sense link will be the thing that killed biz maybe permanently if the fudders are indeed real anons that lost their stacks on celsius et al
or maybe after the suppression is done the need for paying fuddies goes away and without money this posters are no longer here to shit up the board
fun times ahead in either case

>>55417223
Sir gay dumping on you fags is not accumulation

>>55417223
The problem is that (possibly) being in the middle of the bottoming process in dollar terms is not good enough. LINK has been in a steep downtrend relative to ETH and BTC for almost three years, and there is no evidence of that downtrend reversing any time soon. Indeed, the performance discrepancy is widening.

I would draw an analogy to Intel in the chip sector. If you just look at the INTC chart in isolation, it looks quite bullish -- a textbook reversal off the bottom. However, if you look at it relative to the BAKA or QQQ, its underperformance is only accelerating.

In the big picture, both LINK and INTC still = dead money.

>6.6$ is the bottom, phase d next
>6.4$ is the bottom, phase d next
>4.7$ is the bottom, i-it was a spring phase d next
Wyckoff posters are clueless

>>55420306
>relative to the BAKA or QQQ
Why is S-M-H corrected to "BAKA"?