[12hr] SNIFF...SNIFF...CAN YOU SMELL THE STINKY?
Assuming BTC does do a wonderful belly flop, which it might.....
LINK has a very decent chance of bouncing here. I think worst case we wick to 2.08 > 2.02(maybe we see a quick high 8ks BTC)
But we have retraced greater that 50% from ATH USDT, and about 42% from ATH Sats
Usually in the past we retrace about 35%-38% in Sats and around that much in USDT.
I think were heavily oversold esp with the Chainlink team selling LINK for continued development.
Honestly would not be surprised and I woke up to 2.43$ LINK by 8am EST tomorrow.
------------------------------------------------------------------------------------------------------------
Circled is 100MA support, Pink below is 200EMA. In the past we usually bounce around this area. The only time weve gone below the 100MA on the 12hr was when we wernt from 16k sats to 8k sats.
Could this be a repeat of 50% sat retracement? We are at 42% right now.
Serg talks tomorrow and greater than 50% of the time when he speaks we pump. You can't get those odds even in Vegas!
No gamble.
No future.
Worst case: 200EMA USDT support at 1.72, anything below 2.1-2.05(depending on your pain threshold, may be a sell)
Mediocre Case: Back to 2.25-2.30 by 8am ESTish
Best Case: anything but this
But be careful selling when indicators are showing over-sold across the board....
LINK has a very decent chance of bouncing here. I think worst case we wick to 2.08 > 2.02(maybe we see a quick high 8ks BTC)
But we have retraced greater that 50% from ATH USDT, and about 42% from ATH Sats
Usually in the past we retrace about 35%-38% in Sats and around that much in USDT.
I think were heavily oversold esp with the Chainlink team selling LINK for continued development.
Honestly would not be surprised and I woke up to 2.43$ LINK by 8am EST tomorrow.
------------------------------------------------------------------------------------------------------------
Circled is 100MA support, Pink below is 200EMA. In the past we usually bounce around this area. The only time weve gone below the 100MA on the 12hr was when we wernt from 16k sats to 8k sats.
Could this be a repeat of 50% sat retracement? We are at 42% right now.
Serg talks tomorrow and greater than 50% of the time when he speaks we pump. You can't get those odds even in Vegas!
No gamble.
No future.
Worst case: 200EMA USDT support at 1.72, anything below 2.1-2.05(depending on your pain threshold, may be a sell)
Mediocre Case: Back to 2.25-2.30 by 8am ESTish
Best Case: anything but this
But be careful selling when indicators are showing over-sold across the board....
Comment:
Winner winner chicken dinner.
Careful about 26k Sats deny.
This could just as easily fall from here, ive seen these type of relief pumps before only to be met by manipulators
Though seeing as the next 4hr candle didnt start tanking
We might be OK.
IN SERG WE TRUST
Careful about 26k Sats deny.
This could just as easily fall from here, ive seen these type of relief pumps before only to be met by manipulators
Though seeing as the next 4hr candle didnt start tanking
We might be OK.
IN SERG WE TRUST
Comment:
Well was I right or right?
Serg talking post mainnet 2019 = always bullish as fuck.
I think we can still pump to 31k or so......
We are doing that last time(2.13) when BTC was in this range.
So how bad could it get?
r.r.r.rr......right guys?
Serg talking post mainnet 2019 = always bullish as fuck.
I think we can still pump to 31k or so......
We are doing that last time(2.13) when BTC was in this range.
So how bad could it get?
r.r.r.rr......right guys?
Still room for 2.02 wick, but I think that would have happened already.
100MA 12hr did end below it, but this is literally the 1 chance it has to go above 2.1432
being above 100EMA is better(at 2.3081)