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22692173 No.22692173 [Reply] [Original]

The last time LINK/USDT weekly Stoch RSI was that low was in March at $2

Let that sink in

>> No.22692213

>>22692173
jayker

>> No.22693007

>>22692173

Thanks for pointing it out. to me it's just one of many indicators that we are at or close to the bottom. Stoch RSI is great for seeing inflection points in price and at long timescales its "signal to noise" ratio is a lot higher and it behaves like a dependably regular sinusoidal oscillation. RSI proper is extremely oversold on 4hr and below, and at 1d and 1w it's at 30 and is also lower than it's been since March. Even if it's not oversold at those timeframes by my standards (20 or less), it's oversold in the relative range that LINK usually inhabits. MFI, which is also an interesting one that's like RSI weighted by volume, is also forming a major inflection point at longer timeframes and its shown the bottom of every major dip even between march and now. On top of all that, I've had orders set at $9 for weeks that finally got filled, as I've expected a retest of the past bottom and $9 has always been the only major support/resistance level between 5 and 20. It's a good thing we're back here to solidify this as an important liquidity zone. Other anons have also been posting charts showing LINK hitting various moving averages, etc., so I'm optimistic.

Remember that the same type of investor who gets rekt buying LINK at 20 after a straight month of endless green dildos is the same one who gets rekt shorting and selling LINK when it look like this after a month of downward devil dicks. It's just as irrational to believe a coin can pump forever as to believe it can also go down forever.

>> No.22693053

>>22693007
>>22692173

because LINK was hit so hard in particular by the dump leading up to today, there's only so much further a larger market panic can push it down. It's really oversold right now.

>> No.22693072

>>22693007
stfu pajeet

>> No.22693077

>>22692173
yea
link is going to x10 through a year long bear market thats ahead of us

>> No.22693080

>>22692173
why does the deepfake ai make his teeth so fucked up?

>> No.22693159

>>22692173
kek. Nice gif. Saved

>> No.22693312

I'm confused
should I go all in with LINK right now? I mean for the long term

>> No.22693385

>>22693007
t. emotionally invested

>> No.22693514

>>22693007
i have no idea what this means but im buying linkies rn i hope that what it means thnx smart anon

>> No.22693572

>>22693007
Thanks just sold 100k

>> No.22693610

>>22693053
>>22692213
>>22692173
IMPLYING RSI CAN'T BOTTOM DOWN, STAY THERE FOR X AMOUNT OF TIME, WHILE PRICE STILL COTINUES TO FALL.


THE
DENIAL
STAGE

>> No.22693638
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22693638

>>22693572
Thanks just bought 100k