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54892396 No.54892396 [Reply] [Original]

>>54874196

If $6.40 holds over the next 48 hours we should be on our way to $9.40

>> No.54892456

I watched LINK go from 6.66 to 7.77 so many times and I STILL am not doing anything about it since I know the moment I actually try to long/short it I'll just get liquidated with a breakout

>> No.54892476

>>54892396
Yeah, cute. Better place your limits, as 9 won't be held for long.

>> No.54893580

>>54892476
Are you saying resistance won’t hold and it finally breaks out or it won’t hold above $9 and will dump?

>> No.54893664

>>54893580
who cares that anon is a fucking retard

>> No.54893674

I wish it were so op. Link has a habit of dumping through any line of support that gets drawn.

>> No.54893979

>>54892396
you are fucking retarded
kill yourself

>> No.54894195

>>54892396
at this point its hard to see how some macro event isnt going to fuck up any memes lines you draw on any tokens chart, in either direction
this banking crisis isnt going to resolve itself sideways

>> No.54894293

>>54892396
try $3.50

>> No.54894799

And there is $6.40 as predicted

>> No.54894828
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54894828

>>54894799
Forgot image

>> No.54894929
File: 31 KB, 641x530, 1666495295359166.jpg [View same] [iqdb] [saucenao] [google]
54894929

...

>> No.54894948
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54894948

>>54892396
Im starting to feel sorry for stinkies.
>JUST KIDDING FUCK YOU STINKIE LINKIES

>> No.54895000
File: 281 KB, 2189x1243, imScared.png [View same] [iqdb] [saucenao] [google]
54895000

double bottom inside the descending wedge nearly complete at the same time as bond market is predicting something bigly happening soonlier than laterer.
>ruh roh raggie

>> No.54895257
File: 157 KB, 912x777, linkbtc 2305.jpg [View same] [iqdb] [saucenao] [google]
54895257

>>54895000
i have posted the same chart here before, seems kinda crazy to think it would collapse into nothingness with where the indicators are, could still mean btc itself shitting the bed hard tho
qrd on the bond market suggestion

>> No.54895268 [DELETED] 

>>54892396
Suddenly OP is quiet kek. Never post chart or predictions. Next stop, LINK at $4.9.

>> No.54895299

>>54895268
His predictions have been true so far?

>> No.54895301
File: 57 KB, 620x376, kek baggies.jpg [View same] [iqdb] [saucenao] [google]
54895301

>>54892396

>> No.54895311

>>54895268
are you retarded?

>> No.54895330
File: 4 KB, 255x217, crudeOilFuturesBackwardationImpendingDemandDestruction.png [View same] [iqdb] [saucenao] [google]
54895330

>>54895257
crude oil futures extreme backwardation + OPEC cutting supply implies incoming demand destruction

>> No.54895347

>>54895268
Anon, I...

>> No.54895412
File: 5 KB, 273x225, 2023.05.08_yieldcurve.png [View same] [iqdb] [saucenao] [google]
54895412

>>54895257
>qrd on bond market
insurance for US treasury defaulting on its debt keeps making new ATHs
Last Friday, 1 month bonds went up by 120 bps and settled at +95ish
The yield curve became completely inverted like a steep slide, with the 1 month yield settling at significantly higher than the 2 month yield.

>> No.54895426

>>54892396
Kek If BTC goes to $25k this shittoken will be trading at a $4 handle.

Easiest short in my life.

>> No.54895434

>>54895268
What is there for me to say? It bounced off $6.40 exactly as predicted

>> No.54895497

>>54892396
>trying to catch a falling knife
Wait till there is evidence of a bottom, don't try to speculate where the bottom *should* be. Only consider buying after a surge of up-volume stops and reverses the price trajectory.

>> No.54895504
File: 1.10 MB, 1294x837, LME_nickel_futures_rugpull_gottem.png [View same] [iqdb] [saucenao] [google]
54895504

>>54895257
the government default is in progress
the only question is what type will it be
>Option 1: Hard default, they just don't pay lmao and the western world goes up in flames (everyone says this is guaranteed to not happen)
>Option 2: Technical default, they pay late, get the USA's credit dinged again, accelerating de-dollarization
>Option 3: Soft default, they raise the debt ceiling, print infinite $ to "pay" the bond holders, ding USA's credit in real terms

There is also the issue of the ongoing escalation into WWIII. If the war becomes fully realized the US stonk market will go minus fifty percent instantly at minimum.
Even without escalating war, the counterparty risk in all transactions shoots through the roof when banks are going bust left and right and the governments are inflating their currencies down the toilet. (you either lose your fiat in the financial institutions or it becomes worthless)

>> No.54895530

Lank is $5.51. Let that sink in.

>> No.54895571

>>54895504
>paying your bills is a negative credit event
based retard

>> No.54895684
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54895684

Cuckold cope thread

>> No.54895700
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54895700

>>54895268
they really aren't sending their best are they

>> No.54895781

>>54895330
>>54895412
>>54895504
that was i was expecting out of the bond market news, but doesnt that mean we are going to see a coof drop in all markets with most cryptos going -50% in a week or so
yes afterwards the printing presses will be redhot again but in the intermediate any lines drawn on the link chart will be completely overturned by a massive candle
or are you suggesting that altcoin charts fully price in and predict the fed pivot right now?

>> No.54895823

>>54895571
>paying late doesn't hurt your credit
kys

>> No.54895832

>>54895823
dont bother wasting your time on the low effort spammers they flood any thread anyways, best to just filter their ids

>> No.54895965

>>54892396
It doesn't matter, go do something else. The chart is good enough to take comfort in our long term prospects. You're seriously mental if you're watching this shit crab for a year, like patently insane. WW3 is literally edging for a reason to begin, banks are in free fall at the behest of the regime, de-dollarization is manifesting in the open, are you're holding on for Link to hit the top of this crab range for the 4th time?

Do you hate yourself or what?

>> No.54896032

>>54895823
>>54895832
The US pays its bills on time, dumbshits.

>> No.54896086
File: 175 KB, 1880x642, Untitled.png [View same] [iqdb] [saucenao] [google]
54896086

>>54895781
I don't know.
Pic related is worth noting, though.
If the sideways channel persists and it starts to look like link is going to break out of the 9.45 ceiling, we could get that c00f drop -48% and land right on the longterm support line right below the bottom of the channel.
What we do know is that when the banks housing stablecoins shit the bed, we saw bitcorn take off and then later the alts. There are 500+ banks that are insolvent, 700+ that have 50% losses on their books from rate hiking. There will be more bank failures. If they just let them fail without central planners intervening, everyone will pull everything out of tardFi and hold physical cash, PMs, stock certificates, crypto, and/or anything else they can take personal custody of. If they continue intervening and printing $ to bail out the depositors at these failing banks, then that is massively inflationary and will cause nominal USD value of all useful/necessary things to go up over time.
Either way, sitting in the USD long-term is not a viable strategy. Short-term, who knows. The feds can print infinite $ to short anything as much as they want.

>> No.54896529

uhhhhhhhhhhh... long LINK now?

>> No.54896755
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54896755

>>54896529
idk about right now.
The signal was at 13:01 to 13:07 (UTC-5)

>> No.54896941

>>54896755
What do you have set for your signal?

>> No.54897577
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54897577

>>54895781
>predict the fed pivot right now
Something really big has to happen before the fed is allowed to officially pivot without obliterating what's left of their credibility amongst the normalfags. Some big boys say it's best to be in commodities even BEFORE the big bad happens and just ride it through (Doug Casey, Arthur Hayes as shown in his Kaiseki blogpost, etc.). Some view the BTFP as the beginning of backdoor QE infinity. They are printing their way out of a complete collapse of the banking system and providing banks with free call options on US treasuries in the meanwhile. The problem is that even though the BTFP is seeing use, banks are continuing to fail - it is a bandaid solution. They could potentially just hold rates high and continue to let the regional banks get rolled up into JP Morgan (primary shareholder of the NY Fed). The longer it goes on though, the more inflation it will create.
In reality, the economy is continuing to swirl down the shitter. It is possible that this fact catches up with the stock market and something like China invading Taiwan or the US n00king Florida and saying it was China happens and provides them with the excuse to officially pivot and destroy the USD in the name of "protecting the country."
The point is that the exact way and time the pivot happens is mostly in their hands, but the effects of it will be the same no matter what (total dollar death). I personally think that if one has the capital to park in a foreign commodity-based dividend-yielding portfolio (Gold + energy) that can sustain their current lifestyle and still have a significant amount of cash and gold savings on the side (multiple years worth), then they should do that. This allows leveraging on inflation as the gold and energy companies will keep up with inflation more than any other sector by necessity, but it importantly allows dip-buying with the cash reserves if there is such a catastrophic event preceding the official pivot.

>> No.54897599

>>54892396
Interesting

>> No.54897839

So a 50 percent gain? LMAO
just put your money on a blackjack table and you can 2x your money.