Will be one of the earliest head and shoulders calls ive ever seen if this happens. Fingers crossed
kiki456
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hahahaaha -_- that's my comment.
Lucid_Liquidity
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@kiki456, we look for these patterns in advance so we can take profit in case they start playing out you know what to do.
Lucid_Liquidity
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@kiki456, Getting so close. oh so close I bet your LINK Butthole is puckered up.
Lucid_Liquidity
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@kiki456, If I would of drew this H&S at the 20$ top I would be laughing. Oh wait I am still laughing. HAHAHAHA. 12$ here I come
Hereiamxxx
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make sense.... there are no way it will go str8 up like everyone buy and not gonna sold it...
AJFG
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Weekly RSI is over 90%. At this point, everyone knows. It's just a question of hodl or trying to pinch pennies in front of a moving train. BTC holding the R1 suggests tomorrow will try to move up to that peaky 12.1 Resistance, at the R2. If that happens, it's all she wrote, for Link. Until, of course, the next rotation. A harsher correction could happen, too, but at this point, there's so much hype around Aug 28th, it can just keep going ,with just a scratch .
TRADER470
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@AJFG so we going to $10 or what? And what’s the probability so many shorts started at around $12 but now we’re around $18
Lucid_Liquidity
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@TRADER470, Yeah this is traders shorting the top. It is evident with the huge fake out taking place on the 4 hour. All you can do is play it by these levels as they break down.
16.51
15.98
14.47
13.78
12.69
12.00
10.24
AJFG
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@Lucid_Liquidity, Agree. All those shorts that Link took out helped fuel the price. Which, ironically, causes more traders to short, because " it has to come down, right ? " .