LINK has broken the channel and the 55EMA at the same time.
It's now officially bearish.
LINK bearish
nexo fud revenge pump is on the way you fucking baby handed cuck
sloppy job simeon.
I posted in the bear thread yesterday that it's still in consolidation and the next 8 hours will tell
Link broke that channel and went down.
meme lines don't beat meme magic
LINK is going to $0.07
I'm on the bull side. And if it moons today after all this fud shit is gonna be fucking legendary.
This day will live in infamy.
LINK always double tops
first top isn't finished
There is good bull pressure, the MA is constantly being tested and the last candle was a bullish hammer.
You could be right.
Your memelines are not that great, you could just redraw the traingle and it will most likely be better looking.
sub $1 EOY. you laugh, but it's true. only FUND can save you now.
I wanna be just for the keks.
Ain't fucking selling. I wanna see that fuck getting hunted by the whole industry, while he gets liquidated at the same time.
Meme lines don't work, dipshit
Before we broke 5$, we hovered around it for long time, retested it 3-4 times, before the kethcup finally conceded.
2-3 weeks tops, and we will break 10$.
It has to. It's a matter of time until the news flows down from Zig Forums to big money, someone catches wind of this catastrophe and realizes the opportunity available in fishing for the liquidation of this short.
That's what I'm waiting for. It's gonna start when the americans wake up. It is already looking pretty bullish on the 30m chart.
Soon enough cointelegraph and other outlets are going to start reporting.
Ok, Simeon
Okay then here's my longterm LINK prediction, you can screenshot this because my elliot waves on LINK have always been right.
I do concede low timeframes aren't always right.
Retrace target short-term: $7.1, $6.01 and extreme case 5.6
Long term target: $17.9, $25.87, $33.45 and extreme case $38.32
timescales needed
>and extreme case $38.32
seems like a very conservative case estimate.. if Chainlink reaches the same marketcap that Ripple had at the peak of the last bullrun, it would be valued at +300$ per token.
I personally believe that the crypto marketcap on a longer timeframe only will go up (scarcity, maturation of the space, and inflation in fiat).
It doesn't seems outlandish that the total crypto marketcap will break ath in this current bullrun (peak 6-9 month from here), and if Link remains in top 10, it would be valued of more than 100$ per token.
You can’t predict the timeframes, but if you’re a long term swing trader you can set your LINK buy orders at those retrace levels and it will get filled
Thanks just sold 100k
That’s just first elliot wave close estimate. Once it’s finished, the whole region becomes the primary wave for the next one. There will be a retrace on that level and then another massive bounce.
> I personally believe that the crypto marketcap on a longer timeframe only will go up
That’s why elliot waves work best for bull market and chainlink as a whole.
Doesn't look good but a magic pump to new ATH would be fucking poetic
If you’re a normie hodler who wants to get into LINK, buy at those red levels ($7.55 and below) and you’d be good for the next few years. There has been absolutely no long term bearish trend on long timeframes for LINK whatsoever, so do not sell it.
Bump anymore inputs?
A retrace from 8 to 5 would take some major economic disaster, top wallets have only been adding to their stack, not selling.
Another thread full of low IQ TA faggots who mysteriously disappear when things don't pan out anywhere near like what they predicted, they just make another stupid chart and post it the next week.
If you were born a woman, you would have been a palm reading fag-hag.
checked and based
meme line trannies on suicide watch
I use palm reading to molest women
Can you do TA on RLC? Maybe on a different thread. Thanks user
Zoom out and look at the chart, how can you imagine it going anywhere but down? Even if it pumps to 10 dollars short term, 5 dollars is still the next stop, of not 2.
post sell order
>of not 2.
You have to keep the fud realistic user
Sergey and Adelyn just rolled over like pussies when they saw this recent FUD...did nothing about it whatsoever.
I'm beginning to have my doubts about them now, and what their true commitment is to long term Link viability.
We may have just seen the all time high and never reaching it again as the Chinese are slowly dumping their Link as the price dwindles.
I'm audi 5-thowsey until they get their shit together. Peace.