[ 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: 1.07 MB, 1266x1012, pepe analyzes.png [View same] [iqdb] [saucenao] [google]
14449130 No.14449130 [Reply] [Original]

Last time Link was overbought like this, which it is now on the daily AND weekly time frame, it slowly corrected down around 50%. I think July is not going to be a frenly month for linkies. Any TA bros can confirm?

>> No.14449159
File: 54 KB, 640x480, 1561508888128.jpg [View same] [iqdb] [saucenao] [google]
14449159

>>14449130

>doing TA on crypto

>> No.14449171

>>14449130

inb4 FUD

this is TA, if link does not respect TA then its chart will look like a classic pump and dump chart and may scare even normies away, just thinking out loud here

>> No.14449252

>>14449130
TA doesn't work on a market which it's in adoption take off stage anon. You can do all the meme lines you want and look at all the indicators, and one left field announcement will come and rek you.

>> No.14449268

>>14449130
it has already corrected from 5$

>> No.14449295

LINK does the opposite of the rest of crypto. This means it will moon in a bear market but dump in a bull market.

>> No.14449342

>>14449268

it didn't count if you look at the charts we remain in overbought territory even on a weekly basis which is why I thought I'd bring it up since it's one thing to be over bought on the daily although when it's the daily and weekly there may be a real correction coming