Dude, ive been using this chart since you posted in with the ichimoku cloud and it has been the most helpful thing ive had these past days - THANK YOU!
Nathanael
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I called it. Can I get some kind of treat out of this? like a cupcake?
Bluehelix
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And now we are going to re test the orange trendline. ??
Bluehelix
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:)
Nathanael
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I see it bouncing around like this, and at any of these bounces, it *could* actually go back up.
elFlo
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Looks like that bearish trendline is about to be broken though...
Nathanael
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I don't see it, it keeps bouncing off the fib around 5300 as if it really wants to go down. Not enough bull momentum for me to buy in yet - We will see soon enough though.
elFlo
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*If* it goes back up, it'll probably do so by slowly creeping up as it doe now, thanks to the bots skewing the spread towards the ask price while Gox's api is still being ddosed. The plan is probably to slowly push it through trendlines and up enough that actual trades start picking it up and give it momentum. As soon as people realize it's going back up, a buying frenzy might ensue. I think that's the idea behind the current moves we're seeing right now.
Nathanael
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well I agree that when buying starts, it will rapidly fly up towards 6050. Keeping a close eye to see if that happens, until then I'm going to sleep