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Fomoanalysis

Understanding FOMO: A Psychological and Trading PerspectiveWhat is FOMO? FOMO, or the "Fear Of Missing Out," is a pervasive apprehension that others might be having rewarding experiences from which one is absent. This social anxiety is characterized by a desire to stay continually connected with what others are doing. It's rooted in the human instinct to be part of the tribe and not to miss out on opportunities for survival or enjoyment. The Psychology of FOMO Psychologically, FOMO is closely tied to feelings of envy and low self-esteem. It arises from situational or long-term dissatisfaction, where one’s current status feels insufficient compared to others'. Social media has exacerbated this phenomenon, providing constant insight into the highlight reels of others' lives, prompting self-comparison and the fear of not living to the fullest. FOMO in Everyday Life In everyday life, FOMO can manifest in various ways: an unwillingness to commit to social plans, constantly browsing social media, or an inability to disconnect from notifications. It can lead to overcommitment, stress, and ultimately, a paradoxical sense of disconnection and loneliness. FOMO in Trading In the trading world, FOMO takes on a more financially charged significance. It's the fear traders feel when they see a stock or asset skyrocketing and believe they must get in on the action to make quick gains. This fear is often fueled by hearing success stories of others who have profited from market movements. The Impact of FOMO on Trading Decisions FOMO can lead traders to make impulsive decisions, such as: Entering Trades Prematurely: Jumping into positions without proper analysis. Overtrading: Taking excessive trades to not miss out on perceived opportunities. Abandoning Strategy: Ignoring predefined trading plans in pursuit of quick profits. The Consequences of FOMO-Driven Trading Trading under the influence of FOMO can have several negative consequences: Increased Risk: Making larger or more frequent trades than one's risk management strategy allows. Capital Erosion: Quick losses due to poorly thought-out decisions can erode capital. Emotional Turmoil: Stress and anxiety from FOMO can lead to further poor decision-making and a vicious cycle of losses. Combating FOMO in Trading Overcoming FOMO in trading requires discipline and a robust strategy: Adhering to a Trading Plan: Having a clear plan and sticking to it can help negate the impulses that FOMO stirs up. Risk Management: Setting strict risk parameters ensures that FOMO doesn't lead to devastating losses. Emotional Control: Developing an awareness of one’s emotional state and recognizing FOMO as a natural, but controllable, reaction is crucial. Educational Growth: Continual learning can instill confidence in one’s strategy, reducing the tendency to chase the market. Conclusion FOMO is a natural human emotion, but in trading, it can be a dangerous adversary. Awareness and strategy are the keys to ensuring that FOMO does not derail one's trading journey. By acknowledging its presence and adhering to disciplined trading practices, investors can mitigate the risks associated with this emotional response and make more rational, profitable decisions.
BITSTAMP:BTCUSDEducation
by JS_TechTrading
What is FOMO? Syndrome of lost profit in tradingFOMO is the lost profit syndrome. Now it is especially common due to the popularity of smartphones and social networks. Many are simultaneously afraid of social isolation and worried about lost opportunities. A similar situation is possible in trading. As soon as traders see a bullish trend, they start opening trades and buying those assets that match their analysis. In addition, a lot of information, thoughts and impressions are concentrated around us, which only aggravates the situation. Let's figure out how to deal with such an obsessive fear. The syndrome of lost benefit is a strong fear of missing an important event or a profitable opportunity. This fear is especially pronounced against the background of the bright life of friends and acquaintances. After all, then there is a feeling that you are wasting time in vain. SUVs are directly related to dissatisfaction with personal life, and social networks only increase the unpleasant state. The greater the dissatisfaction, the greater the desire to find others. And the need for new information turns into intrusive thoughts. FOMO is distinguished by the following features: -Frequent fear of missing something important; -Constant use of language turns like "everything but me"; -The desire to delve into all forms of social communication (attend all the parties, go to concerts, etc.); -Obsessive desire to always be liked by others, accept praise and be available for communication; -The need to constantly update the feed on Facebook, Instagram and other social networks. How to get rid of lost profit syndrome? -Constantly responding to messages and checking the crypto rate every 2 minutes, you waste a lot of time. Therefore, you should establish clear rules for using a PC and a smartphone: -remove unnecessary programs and turn off pop-up messages in programs that are not of great importance; -leave groups and unsubscribe from accounts that are not useful to you; -refuse unnecessary e-mails; -check news and stock quotes no more than twice a day (for example, in the morning and in the evening); -do not take your smartphone to bed and do not sit on the Internet before falling asleep; make two separate schedules - for working with personal and business messages. Five tips — how to avoid the FOMO syndrome as an investor Instead of succumbing to the fear of missing out, you can change your life for the better and find success in the cryptocurrency field. Here are our 5 tips on how to avoid FOMO affecting your investing. 1. Forget about the past What has already happened in the market is irrelevant from FOMO's point of view. There are not many investors who look at past quotes. Successful investors always take the time to analyze when opening a trade: they look at the current state of assets and assess their prospects in the future based on past price charts. The idea that the chance can be one for a lifetime is completely false. There are always and always will be profitable opportunities, just as the market always was and always will be. Charts will never tell you what an asset will be like in a year, two or five years. They simply provide information about events and possible future probabilities. Therefore, competent long-term investors understand that it is never too late to buy assets, it is important to navigate them and make balanced decisions. 2. Buy when everyone is selling and sell when everyone else is buying There is an opinion that on the stock exchange it is necessary to go against the trend. Of course, it is easy to talk about it, but to translate all this into reality is much more difficult. After all, the effect of the lost profit syndrome only increases when you do not invest in an asset that is growing. The "anti-cyclical" behavior is explained as follows: the most successful purchases with possible high returns occur during a fall in the rate and general panic, and sales - during a rise in value, when everyone is eager to buy bitcoin or another crypto as soon as possible. However, this tactic does not at all mean a ban on buying tokens in an uptrend. It is inextricably linked to the next tip, so it should be taken in the same context. 3. Set clear goals Remember the chosen strategy and determine the goals when buying this or that cryptocurrency. One possible option is target cost. If the stock price has reached your indicator, feel free to sell the asset and lock in the profit, or set a stop loss, with the hope that the trend will continue. Many traders use a simple rule - it is better to receive 4 thousand dollars 10 times than to wait six months for 50 pieces. If the deal in a short period of time brings 50% profit or more, it is better to close it. And this should become a proven mechanism. Usually, when the value of a cryptocurrency starts to increase rapidly, many market participants buy it. You can understand this in time and, having sold the asset, watch the further growth that is already taking place by inertia. The growth will stop only when the rest finally realizes that the coin is "overheated" and no longer has the potential for growth. Conclusion: While most buy the coin on the rise due to FOMO, you sell the crypto and get your profit. As for purchases at a reduced price, not everything is so smooth either. After all, not everything will be so profitable that it has become cheaper. Here it is necessary to look at the reasons for the price drop on the chart. If unforeseen circumstances have occurred, for example, a lawsuit by the state regulator in court, then you need to determine what value of the asset will become the most attractive for you in the current period, or how critical the situation with the lawsuit is. Of course, I mentioned isolated cases here. In order to analyze all possible situations in the market, you need to publish an entire online almanac. Each case has a common feature — the psychology of human behavior. Therefore, do not give in to general panic or joy. 4. If there are no investment ideas, wait The famous stock speculator and Wall Street investor Jesse Livermore used to say the following: "Big money doesn't buy or sell, big money waits"! It is true, because one day you will not be able to find more interesting coins to invest. There will be very few of them, and the crypto market will continue to conquer new heights. 5. Your strategy is the main thing If you managed to accumulate knowledge in some area of trading, learned SmartMoney analysis, know how to set goals and evaluate the potential of a particular token, it will bear fruit, but continue to develop further, because there are no limits to perfection! :) New trading tools, technologies and new tokens appear every day that promise to bring significant profits and make cryptocurrency trading as convenient as possible. Do not follow the tricks of speculators. Become the best in your field. Keep a clear mind and don't be influenced by the masses. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
BITSTAMP:BTCUSDEducation
by Crypto4light
8
The FOMO Funnel! 🌪 Forecast Model Churns Out Another Pattern!In times of extreme FOMO the Bitcoin Market can be an emotionally challenging place. The Crypto Weather Channel's Forecast Model (The Jet stream) spins out yet another price pattern in the Bitcoin chart to help us navigate these times. Also, a few additional price targets will be established as we approach this moment. No one but The Crypto Weather Channel is planning this far ahead in the future! Thanks for watching.
INDEX:BTCUSDLong
by TheCryptoWeatherChannel
DGLY is due for a correctionDigital Ally, has had a bit of a slow motion pump after earnings in mid-May. Insofar as the earnings go, there were none. The news is DGLY is burning cash less than expected. No matter how you cut it shareholder value is not there and still the price went up since then especially in the last few trading sessions. DGLY could dilute shareholders to raise capital. Insiders could be manipulating the price. According to FinTel, there are 12 insiders who own 7.7% of the shares. Seemingly, if they act in a coordinated scheme without any paper trail they could have run the price up especially if they got help with one of the several penny stock trading rooms with lots of followers. Overall, this looks like a pop and drop pumped up and ready to flush. I will take a short trade of put options on this expectant for a quick profit over a week or two.
NASDAQ:DGLYShort
by AwesomeAvani
4
😱 Fear Of Missing Out (FOMO)📉Fear Of Missing Out (FOMO) / SHORT scenario. Fear of missing out, or FOMO, is the feeling of anxiety or regret that can occur when someone believes that they have missed an opportunity to invest in a stock or crypto currency that is increasing or decreasing in value. This feeling can be triggered by seeing others making money from a particular investment, or by observing the stock or crypto's value increasing or decreasing over time and thinking that one should have invested earlier. FOMO can be dangerous to investors because it can lead to impulsive buying or selling decisions that are not based on sound investment strategies. In the above scenario we can see the effect of FOMO in play. The price action breakdown of the trendline, indicating weak support and a flip of the trend. This psychological effect can be observed without the use of indicators and by just looking at the price action. A deeper look into order flow and Open Interest could further explain the trader's behavior on this particular effect that occurs. 🔴 ENTRY is based on the first major red candle after the breakdown, trying to knife-catch the price, based on no strategy and purely emotion of missing out a potential short position with a stop loss nowhere close to a potential supply zone where the price action could re-visit for confirmation of a downtrend. 🟢 ENTRY is based AFTER the retest of the trendline, on a potential supply zone where the price action is looking for a retest at this level before confirmation of further decline of price action. Stop loss is given above the last high, above the trendline. 👤 @AlgoBuddy 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work , Please like, comment and follow ❤️
Education
by QuantVue
2
What is FOMO and how to avoid it? What is FOMO? FOMO - Fear of missing out or Lost Profit Syndrome - an obsessive fear of missing out on an investment opportunity. This syndrome can overtake in any everyday situation and make you remember missed chances to get rich all day: ignore the growing popularity of cryptocurrencies, not invest in bitcoin and many other short-sighted actions. To determine the presence of the syndrome of lost profits can be on several grounds: frequent check of the exchange rate of the asset in the portfolio; obsessive fear of missing some important event or news; dependence on a smartphone, discomfort in the absence of a gadget; resentment if someone is luckier or more successful. In trading and investing, the FOMO phenomenon is especially noticeable. Many investors under the influence of the syndrome make spontaneous purchases, make many mistakes and subsequently lose faith in the prospects of the market. But the good news is that even this obsessive-compulsive disorder can be cured with a few tricks ✅ Forget about the past. What once happened in the market is absolutely irrelevant. No successful investor looks at quotes in the past. He only thinks about the future. Chances never end, they always reappear. ✅ Increase your competence. Master new skills, study the experience of professionals, All this will give not only the necessary knowledge, but also confidence in the correctness of your actions. ✅ Set clear goals. You should always keep your strategy in mind and set target values when buying an asset. If the quotes reach your target, you should sell. ✅ If there are no ideas for investing - wait. If there are no assets that fit into your strategy, then the most correct decision would be to save, increasing the cash position. And wait for the right moment. It will definitely come, and you will know about it when the crowd will scream about the next funeral of the stock market. ✅ Your strategy is everything. Develop your own strategy and stick to it, improving on the way! Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. * Look at my ideas about interesting altcoins in the related section down below ↓ * For more ideas please hit "Like" and "Follow"!
BITSTAMP:BTCUSDEducation
by Crypto4light
3
Is it okay to FOMO?You need to look at price action, and specifically, Heikin Ashi candles along with the Volume Indicator to tell you whether it's okay to FOMO. Use lower time frames to get in quicker. Mostly, I never recommend it, but sometimes where there is strong buying and a clear trend change, a dip might not come for a while. And when it does, because it went up so fast, it can usually lead to a downtrend so you have to be careful. Especially in crypto where there is Bull Trap manipulations upwards. However, the Volume Indicator can tell you if the bears have lost, which on the left hand side, they clearly lost as we went from Green to red to immediately Green again, showing the strength of the Bulls.
Education
by reiiss7
3
DON'T FOMO AT 62K AT SELL AT 50K ☠️Hi everyone 👋🏽 🕊 Wish y'all have a profitable lifestyle 🍀 📌 BTC /USDT - H:4 - Time frame 📌 PRICE ACTION - FIBONACCI - BEARISH DIVERGENCE - FUNDAMENTAL - ichimoku cloud 📍 ⚠️ BITCOIN chart looks so scary in my eyes ⚠️ 📍 🍀 First, I have to apologize for my absence in the past week. I am looking forward to update cryptocurrency markets 📍 In the H:4 time frame I can see two bearish divergences which may lead the price back to the 50k-53k price zones. ✍🏼 Along with the latest ETF NEWS, I am starting to worry so much about Bitcoin chart, I PERSONALLY see the latest ETF news as a horrible news which I am going to explain why: 1- BTC is one of the most decentralized if not the most decentralized asset in the world and with ETF news the decentralization part about BTC does not make sense any more! 2- Bitcoin does not like regulation in general; and again with ETF regulation this aspect is also questionable 3- Bitcoin is all about the peer to peer money exchange world-wide; ETF does not like that either ⚠️ Another thing: If I want to store all my Bitcoin in a centralized bank and start to pay taxes; why can't I buy GOLD or other stocks? 🤔 📍 From technical analysis point of view, I see two bearish divergences in the chart in RSI and Price 📍 From ichimoku cloud point of view, I can see a red cloud in the given dates which either can stop or drop the price to the kijun line 📍 From Fibonacci point of view, we did not see a pullback to 0.618% and 0.5% zones which are really necessary for the future growth 📍 I also see the last pump not as an ETF miracle, it was all technical along with a little bit of FOMO and NEWS TO BE CONTINUED
Short
by C_EWAVE13
15
FOMO, The GOOD and the BAD! Good day everyone, this is my second psychology method. Today we are learning about FOMO. FOMO is another word for Fear of missing out. This means a couple of things in the mind of trader. "Oh my god, it keeps going up." "I am going to miss it" "Fudge it, all in" "I can make a lot of money if I go in." "It is going to the MOON!" When this comes to mind of a trader, it losses their train of thought. The strategy that they have been using just goes out the window. Some call it "Risk it for the biscuit." The worse thing about fomoing into a crypto or pair is winning it, this is because it becomes a habit and each time something pumps 100% or more they end up fomoing. The only problem is, what if it doesn't go higher and it just dumps so quick for someone to react. In the end of the day, you will lose a lot of money. You might get lucky but luck runs out. If you win by fomoing once or twice, then do not keep doing it. It was free money that the market gave you. Go back to your strategy and just call it an Anomaly. Example: The crypto you are looking at is called ACH, this crypto got listed to coinbase and it pumped over 1,000% in the last 4 days. What I notice in the crypto chat, is that many people, especially people new to the market wanted to get in even though it pump so much. ACH kept going higher and higher and I knew the fomo was kicking in. Seconds later, boom it dump. It dumped fast. As a patience trader, I wait for the best entry and even though I miss the pump, I still manage to get 50% from scalping. Remember this is not the only method you use to be a successful trader. There are many aspect to become one. Thank you!
COINBASE:ACHUSD
by OmaOne
6
BTC remains within the downward trading rangeOn the 22nd of July before the recent BTC spike I posted a chart pointing to a BTC bottom at ~$27,300 (refer related idea link) then a few days later BTC broke out of the trading channel and had a nice spike. My estimate for the bottom was wrong, however BTC stopped and reversed at the exact level of confluence on my chart where there was strong upper resistance of 0.618 Fibonacci level and the extreme top of the trading channel that we have been in since the big fall. Hopefully this rejection / pullback away from the Fibonacci level is just a bit of profit taking and then we can push outside this trading channel to give us a higher low and confirmation that we have left the bottom behind us. The 0.50 level (off the recent high) sits below us at ~$34,500, which will be a very important level to hold. Once we have broken out of the downward channel and also firmly breached $42k then I'd expect a very fast move towards $50k as all the traders on the side FOMO back in.
by gary_trades
BTC Sell Off Here is What Happened and what you can learnHello and Thanks for stopping by, this is my first tutorial post so go easy on me haaaaa Ok well all is self explanatory really as you can read by the chart . Lessons that can be learned from this can be repeated over and over again but the truth is we will always see the same scenario playing out over and over again because that is what feeds those who are succesfull at trading . Simply put what you see on the chart is a example of greed and stupidity, Ok we have seen it all 1000s of times before but someone out there does not want to make the same mistakes again and this post is designed to help you better prepare yourself for this eventuality and give you some positive guidelines to improve as a trader . 1, Do not Long Tops and dont short bottoms . FOMO might work some of the time but most of the time you will regret it 2, Plan the Trade and trade the plan or you will only plan to Fail 3, Patience always pays * wait for the Retrace or the breakout depending on the trade you want to take with a solid plan in mind 4, Always use a SL and know when and where you are wrong. Risk management is so important learning to protect your capital keeps you in Business 5, There is a time and a place for Leverage learn this without going BUST 6, Understand the importance of Position size and use a Position size Calculator if that makes it easier 7, Learn the power of Footprint Charts and how to use that candle Data to your advantage. Seeing Millions at the top or bottom really is a great advantage 8, Take profits on the way up or down at strategic points , Locking in profits guarantees you get paid and you wont get caught out being Greedy 9, The market has no emotions only traders do ! If you are emotional you are probably taking too much risk of your capital... 10, Accept that being wrong in Trading is Normal, provided you calculate every trade you will only lose the minimum and live to trade another day 11, Most of the time There will always be that grab Liquidity move, up or down, remember that ! Rather than placing a SL where its crowded. Don t think Like the Herd 12, Learn why Open Interest is important and how funding impacts you ! This is probably overlooked by many whom trade BTC Perpetuals I will leave you with this Quote " The Market does not know you exist. You can do nothing to influence it. You can only control your behaviour" Thankyou for reading my post and I hope it helps somebody .
BYBIT:BTCUSD.P
by SJTRADESFUTURES
2
NOK - HOW TO PREVENT FOMO TRADING 1. Ask yourself why you want to invest, is it out of jealousy from others cashing in big? Do you want to be apart of the next big hype stock? If you answer yes to either of these do not trade, trading from this emotional perspective will only result in you losing money. 2. Warren Buffet said ''be greedy when others are fearful and fearful when others are greedy'' apply this logic to your decisions, chances are if the stock has pumped tenfold already and people are still greedy this could be an indicator you shouldn't trade - there are always more opportunities. 3. Ask yourself ''am I a sheep?'' Sheep do not make money in the stock market, do not blindly follow peoples ideas, question them and formulate your own understanding. 4. Where did you see the stock? if it was on the news the ship has sailed and you shouldn't buy it, at this point it is already too late. 5. Be careful of stocks that appear to be pushed by the same groups of people - this indicates little to no adoption and they are hoping that you buy their bags from them. 6. If you can't explain what the company does and why it's a good idea do not buy it. Always do your research first, learn about the team, the product, the vision and financials before investing. 7. If the market is mostly green its time to sell, if the market is mostly red, its time to buy. 8. Is it a meme stock? if yes either be an early adopter or do not buy it. 9. Have you got spare capital? always take into account your financial situation and be prepared to lose - never invest more you are willing to lose. 10. Learn to take losses - otherwise, you will end up holding your bag down a -80% drop. Hope this was useful ''Buy Big Sell BIGGER'' - MegaWhale
NYSE:NOK
by MegaWhale
6
Ripple Prepares for Massive ShreddingI usually pay no mind to XRP but since BTC was so terribly slow today, I found myself with a little free time, so here we are. This is a long term outlook based solely on Elliott Wave theory. After Ripple’s March 2020 swing low near $0.10, the market delivered a Leading Diagonal formation which produced a super deep Wave 2 correction. Leading Diagonals (not including internal Zig Zag diagonals) give us the signal of directional change. With Leading Diagonals we can also expect a strong, possibly extended Wave 3. Considering the relationship between Waves 2 and 4, with W2 being supremely deep, we can expect W4 to be much more shallow (and less frightening. Granted, this is a long term outlook - all rules remain the same. Maybe it’ll be late 2021, maybe it’ll be early 2022 but Ripple looks to plant an All Time High near $10, in due time. Currently under $0.40, this may sound like an absurd prediction. Elliott Fiinacci don’t lie though 😊. Before Ripple takes off for the sky, the ABC correction for Wave 2 of 3rd must be completed. It also looks to be a very deep correction (expecting sub $0.30). See my prediction for this correction below. Trade wisely. Play it safe or play it smart.
BITFINEX:XRPUSDLong
by DigitalSurfTrading
3
TEN TIPS TO PREVENT FOMO - WE CAN ALL LEARN FROM THIS!!!1. Ask yourself why you want to invest, is it out of jealousy from others cashing in big? Do you want to be apart of the next big hype stock? If you answer yes to either of these do not trade, trading from this emotional perspective will only result in you losing money. 2. Warren Buffet said ''be greedy when others are fearful and fearful when others are greedy'' apply this logic to your decisions, chances are if the stock has pumped tenfold already and people are still greedy this could be an indicator you shouldn't trade - there are always more opportunities. 3. Ask yourself ''am I a sheep?'' Sheep do not make money in the stock market, do not blindly follow peoples ideas, question them and formulate your own understanding. 4. Where did you see the stock? if it was on the news the ship has sailed and you shouldn't buy it, at this point it is already too late. 5. Be careful of stocks that appear to be pushed by the same groups of people - this indicates little to no adoption and they are hoping that you buy their bags from them. 6. If you can't explain what the company does and why it's a good idea do not buy it. Always do your research first, learn about the team, the product, the vision and financials before investing. 7. If the market is mostly green its time to sell, if the market is mostly red, its time to buy. 8. Is it a meme stock? if yes either be an early adopter or do not buy it. 9. Have you got spare capital? always take into account your financial situation and be prepared to lose - never invest more you are willing to lose. 10. Learn to take losses - otherwise, you will end up holding your bag down a -80% drop. Hope this was usefull ''Buy Big Sell BIGGER'' - MegaWhale
NYSE:GME
by MegaWhale
3
NDX- It is not broken until it is broken Much has been said about Big tech five's dominance on Nasdaq and S&P500 and how grossly valued NDX is. People often don't realize that big fives generate a good portion of their revenues oversea so technically their TAM is the entire world. Furthermore, internet, IT service and e-commerce industries are less impacted by Covid-19. Also, over the last 12 months, big fives saw double digit revenue increase while others fared much worse. The FOMO is merely reflecting the shift in investor preference from value stocks to growth stocks and Nasdaq is a place to be for chasing high-momentum thrill. As more and more investors pile on their money in tech company, the network effect kicks in. The key is to ride the trend and get in when the trend is still intact and get out when the trend is broken. Don’t worry about whether we are in the bubble or not or when the bubble will burst, because you don't own the crystal ball. It is harder to predict the top than bottom because market can remain irrational for a long time. Market always under-react to the surprise news initially, then overreact later. Perhaps, we are currently at the over-reaction stage. Nonetheless, If it ain’t broken, you keep riding on it. March crash reflected the anticipation of devastating second quarterly loss and the subsequent rally represented and reflected the positive sentiment of fast recovery in the third quarter. Let’s wait for Sept GDP number to confirm whether or not current sentiment is justified.
TVC:NDQLong
by Libratus
LINK/USD, FOMO is Still in the AirMy Last Analysis on LINK/USD, has reenacted somewhat similar, and I pulled out at 7,1ish. Overall I don't think greed for LINK/USD is not over yet and FOMO is in the air. I advise we all just stay calm and be rational, LINK just reached its all-time high, it doesn't sound logical that it will go any higher in upcoming weeks. I would say a ranging market to appear would be more logical if LINK able to maintain its value than going on a higher price. For those that wish to trade in the current situation, you are welcome to use this as your references: From here we could identify 3 key levels for LINK; 8,1ish, 7,6ish, and 7,1ish. Here another bonus
by RX_Wolf