THIS IS NOT A DRILL

Yeah, and what happened right after it did that in June again?

It broke out upwards after crabbing in an uptrend for a month? This is a downtrend brother

>going to retrace to pre-mainnet values
>not a drill
>2 years of gains will be erased, we are literally heading back to the bear market prices of 2018 while the rest of the market stabilizes
>LINK is over, the EMA has spoken

Limitations of the EMA:
It is unclear whether or not more emphasis should be placed on the most recent days in the time period. Many traders believe that new data better reflects the current trend of the security. At the same time, others feel that overweighting recent dates creates a bias that leads to more false alarms.

Similarly, the EMA relies wholly on historical data. Many economists believe that markets are efficient, which means that current market prices already reflect all available information. If markets are indeed efficient, using historical data should tell us nothing about the future direction of asset prices.

what I'm looking at, pls explain to non-TA fag

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Cheap LINK

What 2 years of gains? Link went up from $4 to $20 in a month

It means we could be seeing a bigger correction as the 20 EMA daily support isn't holding for the moment. The next few days will be critical

It had been going down for about two weeks, declining more than 25% from its peak on June 1st. How long is the current "downtrend" again and what percentage loss?

Blow it out you ass
30 Doĺlarinos EOM

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>The next few days will be critical
Lol.. TA is horseshit.

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Dawg are you seriously comparing that past pullback to that pimply little high on June 1 to a parabolic fucking incline like this one on the right?

>Dawg are you seriously comparing that past pullback to that pimply little high on June 1 to a parabolic fucking incline like this one on the right?

>hurr number bigger
lol just stop posting, retard

> going down to 9k is now FUD

> the next few days are critical for link
> Muh TA
> Muh nothing burger conference
> Muh glorified price checker
> muh Jason Parser
> Muh hilarious Delphi discord fud

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You are the type of panicking little bitch Portnoy was talking about, just buy it and fucking hold it, if you keep selling it will never get anywhere

I get, it you didn't take profits at 20. Just hold for what's coming, I don't doubt LINK will be worth 100 in the near future, but this isn't stairway to heaven

Nobody looks at those EMAs on binance. Mobilefag traders have default 7, 25, & 88 EMAs

Fake and gay FUD

Obviously we’re going down how can you not think that. Look at the last 2 weeks like what the fuck. Everybody is fucking gone.

>can't do arithmetic
>changes the subject

I'm not FUDDING dawg, I took profits at 20 and have a stop buy loss at what I sold at in case any of this is wrong. I will be buying a stack when it drops and helping push it back to new ATH when bulls catch their breath.

LINK is going to peak at $300 and none of your FUD can stop it

Ya it sucks looked so much like it was following the eth trend and then bang fucked for good. Is there any optimism about the project anymore or is it actually shit?

user i get your point and understand your frustration
still not selling

Chainlink is the tits. You just gotta look at things on a macro level, we are not in a roaring bull run like we were in 2017, economies are in shambles, covid wave 2, election year. We don't have to get to triple digits right now, I also don't see the gasoline being all there you know?

$369 this cycle, fren