That's not a head and shoulders, right?

Literally every person who makes serious money in crypto with correct short and medium term calls (not longterm investing, of course it's gonna go up over 6+ months), does so by perfecting their TA and combining it with an understanding of the market psychology and good research. It's just on here that fucking teenagers refuse to put in some effort and join the big boys and would rather jump from one PnD to the next, while scoffing at anything resembling trading/investment competence.

>LINK bagholders have emotional attachment to USD

Really makes you think.

also
>implying you're buying anything except a ticket to the poorhouse with your 1 billion-coin LINK

>>implying you're buying anything except a ticket to the poorhouse with your 1 billion-coin LINK
So ominous, wow.

1 billion coins. No blockchain. No company. No tech. Nothing. not even a github. Just an empty ERC token.

Bitbean has 2 billion coins, only twice more than chainlink. You believe bitbean is worth 25 cents a coin, correct? I mean, it has an actual codebase and a reason to exist.

>1 billion coins.
They will only be released as the network grows.
And as the network grows, so does the value of LINK. Exponentially.

Lol, then why has technical analysis never been shown to be predictive in a falsifiable way to be better than chance? TA is written like horoscopes so you almost always think it's pretty right.

It'd be so easy to prove. Make your predictions every day in a way we'll be perfectly confident you're right or wrong about (XMR to under $50 by the end of the day- SELL). We'll then be able to see how often those predictions come true, and importantly, how often you're beating a strategy of just holding.

>they'll only be released when the developer decides

So, in other words, a single-man "dev team" holds 550 million chainlink and decides when to give them to his friends?

>And as the network grows, so does the value of LINK. Exponentially.

Lmao you know who said this? Byteball scammer developers.

Okay sweetie let me know how that goes.

>No company. No tech. Nothing. not even a github. Just an empty ERC token.
Ohhhhh boy.

Allow me to enlighten you, user.

- beastly use case
>(mainstream fucking smart contracts)

- rock-solid fundamentals
>(peer-reviewed white paper featuring Ari Juels)

- practically finished working product
>(v1.0 of network done)

- major partnerships and endorsements
>(SWIFT, Cornell, Gartner, WEF, ...)

- massive marketing event coming up at SIBOS
>(invited by SWIFT as the ONLY external crypto dev to do a demo)

- sky-high interest from some of the biggest players in global economics
>SWIFT, WEF, Capgemini, Gartner all underlining the importance of smart contracts and mentioning Chainlink/Smartcontract.com by name

Sources for this last bullet point:

WEF: www3.weforum.org/docs/WEF_GAC15_Technological_Tipping_Points_report_2015.pdf#page=24
World economic forum talking about smart contracts and crypto as a technological tipping point, specifically mentioning Chainlink/Smartcontract.com by name

Capgemini: capgemini.com/consulting/wp-content/uploads/sites/30/2017/07/smart-contracts.pdf
Massive consultancy and IT firm Capgemini devoting an entire report to the importance of smart contracts, specifically mentioning Chainlink/Smartcontract.com and Sergey Nazarov by name as the only providers of a smart contract solution that can use external data

SWIFT: swift.com/node/39911
SWIFT itself saying how "Distributed Ledger Technology (DLT) and Smart Contracts (SC) promise to transform automation in the financial industry, and are generating huge interest amongst financial institutions and technology providers."

Gartner: (see pic)

tl;dr not only are the very biggest global economic players tripping over themselves to adopt blockchain tech, they are specifically lusting after smart contracts, AND mentioning Chainlink/Smartcontract.com specifically.

SWIFT has nothing to do with LINK. Sibos had nothing to do with LINK. Thanks for playing.

>SWIFT has nothing to do with LINK. Sibos had nothing to do with LINK.

sibos.com/conference/conference-programme/bridging-dlt-and-swift-messaging-smartcontractcom-innotribe-industry

I hope you realize this weaksauce fud of yours has the opposite effect on people.

coindesk.com/unanimous-swift-blockchain-success-sets-stage-sibos/

Huh, looks like your shitty little pump and dump isn't included in the real news about sibos. Amazing.

> (OP)
>#1 rule in charting is that the pattern is meaningless until it confirms
>in this case a candle close under 7492 would be the confirmation and target would be around 6000

What time of day is considered a candle being closed?

That article is about SWIFT's DLT project.

SWIFT itself outlines two main pillars for the future development of finance:
1) DLT
2) Smart contracts

As you can see in your article, pillar 1) (DLT) is well underway.
As for pillar 2) (smart contracts), the ONLY thing SWIFT has lined up so far is Chainlink.

Source: swift.com/node/39911
>"Distributed Ledger Technology (DLT) and Smart Contracts (SC) promise to transform automation in the financial industry, and are generating huge interest amongst financial institutions and technology providers."

oh man none of that mentions your shitty little pump and dump wow it's almost as if chainlink is a scam using the name SWIFT and sibos and pretending to be this distributed blockchain technology that swift already has ready.

lol

fuck chainlink

It mentions smart contracts as one of the two main pillars of future finance.
And the Chainlink relationship is literally the only SWIFT project that involves smart contracts.

>pretending to be this distributed blockchain technology that swift already has ready.
Chainlink isn't a "distributed blockchain technology", it's a technology that connects to that.
In the case of SWIFT, Chainlink connects to its DLT: Hyperledger Fabric.

Then why is your shitcoin dropping in value per hour

It's still at 44 cents.
Just a couple of cents shy of the ATH.

It's been holding strong at this level for almost two weeks, which is pretty damn amazing for a coin this young, and in the middle of the bitcoin moon shitstorm.

Mhmmmm
>SWIFT partnership!!
>all swift press releases mention their own independent technology and zero partnership with this stuttering pothead's 1 billion coin scam

This is the next OMG/DGB

...when the next candle shows up on the chart
I dont know what time scale OP is using. those could be 30 min candles for all I know.

>mention their own independent technology
... which Chainlink is explicitly meant to attach to.

alright bagholder-senpai. just HODL :^)

looks like the ltcbtc paterrn just longer

>muh TA is a meme
TA is a good guide, even if it's not possible to predict markets, many traders use these meme lines to make their moves, therefore it becomes a self-fulfilling prophesy, that's what many of you tards have to learn. But for the record, I use the word guide, because the patterns won't occur 100% of the times

Knees and toes, knees and toes; eyes ears and mouth now fuck off with your useless technical analysis