[ 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: 142 KB, 1315x628, 9C371F2B-BA00-432A-B05A-4EE5A9ECA0C1.jpg [View same] [iqdb] [saucenao] [google]
17420871 No.17420871 [Reply] [Original]

The attached chart paints a very grim picture for chainlink holders. As you can see, I have both the Ichimoku Clouds along with the Donchian Channels on the chart. Underneath, I am using the Klinger Oscillator, the Fisher Transform, and the Coppock Curve. You can see that the candles have broken through the bottom of the Donchian channel. While this alone would be bad, the candle also appears to be dropping below the bottom of the Ichimoku clouds. This is an extremely bearish signal. This is exactly what happened right before Bitcoin dropped from over $19,000 to under $4,000. Not only that, but take a look at the Fisher Channel while all of this is happening. You can see it has been bouncing up and down while forming lower highs and lower lows, all while the Coppock curve appears to be bottoming out below zero. This is showing a growing disinterest in chainlink in the market as holders continue to have to drop their selling price to get out of chainlink as quickly as possible. Meanwhile, you can see the Klinger oscillator just had a massive spike down on the 17th. I have found through my years of trading that the Klinger Oscillator typically has a delayed effect, and I believe this dip we are experiencing right now was predicted by the Klinger Oscillator.

>> No.17420910

>>17420871
Link isn't needed anymore because NuLink already solved the oracle problem. The market is finally starting to react to the news.

>> No.17420970

>>17420871
Thanks, but I only ever buy link. Let me know when

>> No.17421015

>>17420871
What’s your portfolio size?

>> No.17421029

>>17420871
I'll buy 10,000 linkies at $3.00

>> No.17421147

>>17420871
I stopped buying when LINK went above $2 a few months ago. I now have $3k in the bank doing nothing. I will make sure to DCA into the bottom, thanks fren.

Selling? Haha no why would I do that? We have been buying bottoms since nov 2017. You do know that's the only way to get rich off of LINK, right anon?

>> No.17421188
File: 292 KB, 334x506, 1561117567024.png [View same] [iqdb] [saucenao] [google]
17421188

>>17420871
DR;NS

>> No.17421192

>>17420871
short term, sure why not. Make sure to make a 1000x

>> No.17421203
File: 91 KB, 1920x1080, deluded_linkies.jpg [View same] [iqdb] [saucenao] [google]
17421203

No no, LONG LINK. I want to see them suffer...

>> No.17421212

>>17420910
what the fuck is NuLink?

>> No.17421247

>>17421015
I started out with about 10,000 link back in 2017 but have been actively trading to get my stack up to 87,000 link

>> No.17421263

>>17421212
It solves the oracle problem

>> No.17421267

>>17421212
>he doesn't know
it solves the oracle problem

>> No.17421305

>>17421212
nulink 100k eoy