[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 934 KB, 3354x1245, Link.jpg [View same] [iqdb] [saucenao] [google]
13300974 No.13300974 [Reply] [Original]

Most of you have seen that LINK has had a strong upward supporting trend line since the middle of the summer. There has also been strong support/resistance at the 10K level for a few months. With this recent breakdown, LINK is retesting both of these and broke down from both of them yesterday. On the daily, it's wicking back up and if it can close above them, LINK may be able to rally again. This is a pretty critical moment. If price cannot recover we will be in freefall.

Some anons have posted about the recent downward movement in the chart of Bitcoin's dominance and how it relates to alts rallying. I'm not sure yet what to think but I'm inclined to believe that decreasing BTC dominance would necessarily entail increases in alt satoshi prices. Hang tight for now.

>> No.13300989

Lingc ith a thcam

>> No.13300999

Lingc ith bathed

>> No.13301051

>>13300989
>>13300999

Based and faggotpilled

>> No.13301096

omfg i told you stupid faggots that this was a shitcoin and that the trend reversed when the USDT pairs were introduced

>> No.13301137

>>13301096

cool

>> No.13301183

>>13301096
now we are stuck at ~50cents/what ever it is in sats at the moment

>> No.13301328

>>13301096
>>13301183

The USD charts also show LINK travelling in an upward channel since January. I don't know what you mean by the trend reversing because it clearly isn't. In the bigger picture this drop from 60c to 50c is still in line with the USD chart trend as long as LINK holds the 50c level.

>> No.13301597
File: 7 KB, 123x311, linkmoonbeforebtcpamp.jpg [View same] [iqdb] [saucenao] [google]
13301597

>>13300974
Why did LINK pump like this 15 minutes before BTC did on April 1?

>> No.13301737
File: 6 KB, 250x250, clownsirgey.jpg [View same] [iqdb] [saucenao] [google]
13301737

>>13301597
april fools!
*HONK*

>> No.13301777

>>13300974
I noticed that too OP, well probably bounce off the trend line, if not we are going WAY down, which means a perfect time for accumulation if you still believe in LINK.

>> No.13301791
File: 103 KB, 500x389, gabbo.jpg [View same] [iqdb] [saucenao] [google]
13301791

>>13301737
Huh-huh-huh-hi-ho!!!

>> No.13302566

>>13301777
checked