/biz/ - Business & Finance

[Anonymous No.19097466]

It is not mathematically possible for LINK to hit $4 on the current chart

Get comfy nicobros, we are going back to sub $3 by end of May

[Anonymous No.19097619]

nb;gf

[Anonymous No.19097870]

>>19097466
Nico, I believe that youare wrong in this assumption. I hereby challenge you to a chart battle.

[Anonymous No.19097941]

Now, let me state my case. For chainlink to be at $4 that's a 4.65% increase in price from here, that is an indisputable fact. Just look at the chart.

[Anonymous No.19098043]

Here it is! Now, do not be deceived. Our opposition, this individual smug anime girl "Nico" would have you believe that this is a bearish chart. Indeed, it would seem like it is possible to be fooled that the subject in question has not yet found a clear direction. This would be the daily chart she is refering to. The most BASIC of charts.

[Anonymous No.19098058]

>>19098043
It's obviously about to dump hard lmao

[Anonymous No.19098097]

so our question: can LINK increase in price by 4.65%? If the answer is a firm no, then we have our conditions for Nico winning this case. But, if we can show that it is mathematically possible for LINK to reach $4, we have won. But I will go one step further. I will PROVE that we will definitely reach $4.Now, for my first piece of evidence- the fibonacci retracement. From the top to the bottom of the move, where did LINK recently visit in relation to this? None other than the 0.618 fib retracement itself. And what happened? It bounced right off of it, and has CONTINUED to do so.

[Anonymous No.19098196]

now if we zoom in a little to the 12H, to get a clearer view... Ms. Nico, do you see these lines on this chart? Do you know what these lines are? They are the EMAs- exponential moving averages. That's right. I made them nice and big for you so you don't miss them with your big eyes. The grey one is the 100, red is 200, and blue- 300. So 50, 100 and 150 on the daily chart we just saw. Is this not correct? And what has the accused linkie just done but bounce RIGHT OFF OF THEM?

[Anonymous No.19098277]

Now what is the significence of this? Well it is my opinion, Ms. Nico, that what we are seeing right here is a fractal. Pay attention to what has just happened. It dumped, made a triangle at the bottom, and quickly recovered, now slowing. And as I have pointed out to you, we just bounced off of the 50EMA. Where have we seen this before?

[Anonymous No.19098306]

>>19098196
targets please?

sitting on a 10x long since 3,7$....

[Anonymous No.19098329]

>>19097466
Fuck off nico, you don't even know anything about investing. You're just some character out of a loli anime show, all you're known for is going "nicoo niii" and over all just being unpleasant, fuck you nico.

[Anonymous No.19098441]

>>19098306
I'm glad you asked. Now for the most shunning piece of evidence yet. Aha! This fractal was found in no other place than... the epic dump from 62 cents to 18 cents of November- December 2018. Ohhhh I'm sure Nico remembers that one VERY well. And yet who were the winners here? The people who sold the bottom? Oh no, quite the opposite. Now I don't want to throw out accusations here, but it is quite possible that NICO is one of those people who sold the very bottom, and is now jealous of those who bought and want them to suffer as she once did... But nevermind that. It's all here. The dump. The triangle at the bottom, the slow climb. Even the two wicks before the dump look similar to what we have now. What happened next? As I'm sure the jury knows, we certainly did not dump. It is my opinion that we are currently in a similar situation to such a position.

[Anonymous No.19098492]

>>19097870
Absolutely epic!

[Anonymous No.19098542]

>>19098441
Notice the bounce of the grey 50 day EMA after the pump. And what was that other thing, that historically causes a pump after rejecting? I'm sure you are all wondering. My fellow citizens, after breaking out of this pattern, it not only bounced on the 50 day EMA, but none other than the infamous 0.618 fibonacci retracement of the entire move upwards! This is where we are now in relation, is it not?!

[Anonymous No.19098572]

>>19098441
1. Having a look at MA's and Fib levels does not really count as "charting", thus this not being a "chart battle"
2. Are you unironically "charting" LINK/USD instead of LINK/BTC?
KEK, NGMI.

[Anonymous No.19098584]

>>19098329
>you don't even know anything about investing
project much linkie?

[Anonymous No.19098605]

>>19098572
here is a simplified explanation

[Anonymous No.19098655]

>>19098605

[Anonymous No.19098784]

>>19098605
I thus give a final conclusion to my opening statement? Can we disprove the OPposition's claim that LINK can not mathematically reach $4? Yes. Furthermore! Can we prove that LINK will actually reach above and beyond $4? Absolutely. The move up from "You are here?", taken from the highest point we could possibly be- 37%! So a conservative estimate. Let's say because LINK had a market cap 1/10th of the size of what it is today so it was more liquid- even so, the next time it bounced off the 50 it still pumped 17%. This is more than the 4.5% increase in price required to reach $4. So Nico, you are wrong. Afterwards will be an epic dump to finally retest the 200EMA before ending the accumulation. You will think you were right all along, this will be where the linkers finally give in. But no. The epic dump will be your final opportunity to buy chainlink below $4 and the golden bull run shall officially commence. From the breakout to the peak, last time we observed a price increase of 996%. At the current 200 EMA level, if we retest it successfully, an increase of such magnitude would catapult LINK to somewhere in the realm of $28 USD.

I rest my case.

[Anonymous No.19098880]

based wrightposter

[Anonymous No.19098898]

>>19098880
that's wright. $1000 EOY fren

[Anonymous No.19098904]

>>19098784
Absolutely based.

[Anonymous No.19098906]

>>19098898
I love you

[Anonymous No.19098920]

>>19098784

[Anonymous No.19098945]

i had 40k link in late 2018

i wanted to move out of my parents house so badly that i just threw it all away on bitcoin dice

ended up getting on neetbucks instead

which ended up bailing me out in life rather than the linkies

which i was able to live in a little apartment for all 2019 and 2020 so far

[Anonymous No.19098949]

>>19098784

[Anonymous No.19098988]

>>19098906
That's a man

[Anonymous No.19099287]

>>19098584
well Nico? You are awfully silent.